Skip to content
Mortgage Brokers & Lenders

User Stats

10
Posts
0
Votes
Dean Hiller
  • Professional
  • Broomfield, CO
0
Votes |
10
Posts

What is the YSP when not stated (Provident Funding)

Dean Hiller
  • Professional
  • Broomfield, CO
Posted Aug 4 2017, 19:51

The rate sheet on provident funding has a list of rates and a list of 12 day BE or 21 day BE or 30 day BE all negative. It has no columns I see on YSP however. How to go about knowing the YSP of each rate in the list?

From my understanding, there is the Broker Commission(stated in Broker Fee Agreement) paid to the broker and the YSP paid to the Broker's company. Please let me know if I am incorrect.

I still need to get a windows computer and purchase calyx software as well and have not done that as yet but framing in the reference of calyx may be helpful as well(not sure how well they integrate with provident yet).

thanks,

Dean

Loading replies...