Home > Glossary > Pricing Notch Point (PNP)
Meaning / Definition of
Pricing Notch Point (PNP)
Categories: Loan and Mortgage, Credit and Debt, Real Estate,
A loan amount at which any increase will increase the interest rate, points or mortgage insurance premium. See Shrewd Mortgage Borrowers Know Their PNPs, and Financing closing costs Is Sometimes a Bad Idea.
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Insurer Insolvency Exclusion
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