08/07/2026
🏡 Mortgage Term of the Week: HPML
HPML stands for High-Priced Mortgage Loan.
An HPML is a mortgage with an interest rate that's higher than the average for similar loans. These loans may have additional lending requirements designed to help protect borrowers.
Being classified as an HPML doesn't automatically mean it's a bad loan. It simply means it meets certain federal guidelines based on its interest rate.
We're breaking down mortgage terms each week to make the homebuying process a little easier. Have a term you'd like us to explain? Let us know!