Any growth added to a loan amount will cause the interest rate, mortgage insurance premium, or points to also increase.
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- What is pricing notch point (PNP)? definition and meaning
Definition of pricing notch point (PNP): Any growth added to a loan amount will cause the interest rate, mortgage insurance premium, or points to also increase.
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pricing policy. pricing notch point (PNP) · flexible. Definition. The policy of a company or business that guides the price setting of its goods and services that are ...
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Related Terms. pricing notch point (PNP). Browse by Letter: #ABCDEFGHIJKLM NOPQRSTUVWXYZ. Resources. Browse by subject · Tips · Answers · Videos ...
- Financing Closing Costs Can Sometimes Be a Bad Idea - Mortgage ...
Nov 3, 2008 ... This will happen if the loan amount crosses a "pricing notch point" (PNP) a point at which the interest rate, points or mortgage insurance ...
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Sep 4, 2001 ... But increases in down payment from, e.g., 5% to 9% will not affect borrowing costs because it doesn't shift you past a pricing notch point (PNP).
- Mortgage Glossary - The Mortgage Professor
May 2, 2011 ... Pricing Notch Point (PNP). A loan amount at which any increase will increase the interest rate, points or mortgage insurance premium.
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Pricing Notch Point (PNP) A loan amount at which any increase will increase the interest rate, points or mortgage insurance premium. Primary residence ...
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May 2, 2011 ... Pricing Notch Point (PNP). A loan amount at which any increase will increase the interest rate, points or mortgage insurance premium.