What is one of the key benefits of financing the Up Front Guarantee Fee?

Financing the Up Front Guarantee Fee allows borrowers to incorporate this upfront fee into the loan amount rather than paying it out of pocket. This effectively increases the total loan amount, which can enhance a borrower’s ability to afford a larger property. By rolling the fee into the loan, borrowers can conserve cash for other uses, potentially facilitating the purchase of a home that may be higher in price or better suited to their needs. It’s a strategic financial decision that supports homeownership without requiring immediate cash, thus making it easier for buyers to step into the housing market with a more substantial investment.