For loans originally priced off of the prior (old) grid set, the new LLPA grid will be applied if the lock expiration is extended past March 31.

The new LLPA grid will also be applied if:

• Brokered: the loan funds after March 31
• All Correspondent channels: the loan funds after March 31 or is purchased by GMFS after April 7
• For one time close construction loans, the cutoff for extensions will be March 15th instead of March 31st due to the time required to record modifications

Please make sure to review and become familiar with the New LLPA grid in case your expiration date goes beyond the dates GMFS has set.