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    Yield Spread Premium is the retail markup mortgage companies and brokers charge without telling you. Mortgage loans are commodity products just like cars and if you adopt a car buying mentality when refinancing your mortgage, you will save a lot of money. Here is what you need to know about Yield Spread Premium and how you can avoid overpaying for your next mortgage loan.

    Mortgage companies and brokers are simply retail outlets for wholesale mortgage lenders. Just like car dealerships, mortgage companies mark up the interest rate on their mortgage loans to make a profit. When your car dealer sells automobiles they purchase the vehicles wholesale and mark them up for their showrooms. If you know the blue book value of the vehicle you want to purchase, you have an advantage when negotiating over price bec

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    adopt a car buying mentality when refinancing your mortgage, you will save a lot of money. Here is what you need to know about Yield Spread Premium and how you can avoid overpaying for your next mortgage loan.

    Mortgage companies and brokers are simply retail outlets for wholesale mortgage lenders. Just like car dealerships, mortgage companies mark up the interest rate on their mortgage loans to make a profit. When your car dealer sells automobiles they purchase the vehicles wholesale and mark them up for their showrooms. If you know the blue book value of the vehicle you want to purchase, you have an advantage when negotiating over price bec

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    avoid overpaying for your next mortgage loan.

    Mortgage companies and brokers are simply retail outlets for wholesale mortgage lenders. Just like car dealerships, mortgage companies mark up the interest rate on their mortgage loans to make a profit. When your car dealer sells automobiles they purchase the vehicles wholesale and mark them up for their showrooms. If you know the blue book value of the vehicle you want to purchase, you have an advantage when negotiating over price bec

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    ips, mortgage companies mark up the interest rate on their mortgage loans to make a profit. When your car dealer sells automobiles they purchase the vehicles wholesale and mark them up for their showrooms. If you know the blue book value of the vehicle you want to purchase, you have an advantage when negotiating over price bec
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    ale and mark them up for their showrooms. If you know the blue book value of the vehicle you want to purchase, you have an advantage when negotiating over price because you know what the dealer charged. The same is true with mortgage loans. If you know the interest rate the wholesale lender qualified you, it is possible to avoid paying the retail mortgage companies markup.

    Yield Spread Premium is the term for the retail markup of your mortgage interest rate. When you apply for a mortgage loan the wholesale lender that your mortgage company or broker deals with qualifies you for a specific mortgage interest rate. The wholesale lender provides a written guarantee of the interest rate to your mortgage company or broker. Your mortgage company marks up the interest rate and provides you a separate written g

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