Underwriting Updates
MCAP: Policy Updates
Published on 03 Mar 2025
#squeeze
MCAP
Lender
Effective February 25th, MCAP is reducing the rate buydown cost for our 3 and 4 year fixed terms.Here are the new buydown conversions:
- 3 year fixed – 5 bps buydown = 15 bps from compensation
- 4 year fixed – 5 bps buydown = 18 bps from compensation
