HPMLS are now defined as closed-end residential mortgage loans secured by the consumer's principal dwelling with an APR that exceed the average prime offer rate (APOR) for comparable transactions by the following thresholds:
1). 1,5 percentage points for a first lien conforming residential mortgage loan.
2). 2.5 percentage points for a first lien jumbo residential mortgage loan.
3). 3.5 percentage points for a subordinate lien residential mortgage loan.
Everything happens for a reason