A yield spread premium (YSP) is a form of compensation that a mortgage broker, acting as the intermediary, receives from the originating lender for selling an interest rate to a borrower that is above the lender's par rate for which the borrower qualifies. The YSP can sometimes be applied to cover costs associated with the loan, so the borrower isn't on the hook for additional fees.

As a result of legislation that was passed in 1999, the yield spread premium had to be reasonably related to the actual services the mortgage broker performs for the home buyer.