The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.
Welcome back to the Lending Leaders Podcast! For this year’s Summer Session, we’re trying something a little different. Tune in to find out what Jim and Alayna have in store!
How you prepare for a networking event makes a huge difference when it comes to what you get out of it. So, I’ll be sharing what I’ve found works for me. By no means is this list all-inclusive or definitive, but it’s a good place to start.
One of our core values at LodeStar is Clarity. We aspire to be honest and straightforward. Sometimes that’s easy. Sometimes, especially when the market is just “kind of OK,” that’s tough.
The LodeStar Kelsey joined was three people, including her. Now, LodeStar, though still a small business, has nearly twenty employees spread across several departments. And with that growth in personnel has come a growth in the amount of knowledge LodeStar possesses.
Ever wonder where we got the idea to publish a weekly comic strip for the mortgage industry? Read the story of “A Tale of Two Mortgages.”
This year was one of progress for LodeStar. Growing in a tough market, gaining market share and adding a slew of great integrations (with more to come).
Buying tech is one thing. Getting your team to effectively and efficiently adopt it is another story. It’s not impossible—far from it—but it takes intentionality and leadership.
When Ron joined LodeStar two and a half years ago, the first order of business was instilling a sense of cohesion to the company’s fee management processes.
Wherever we can, we automate the automatable. If we didn’t, how could we credibly sell an automation tool?
So, you’re in the mortgage business and looking for the perfect solution to level up your game. The question is: customizable or configurable? Now, don’t let these words fool you—they may sound similar, but they’re worlds apart.
Read our CEO Jim Paolino’s Deeper Thoughts and get the latest mortgage industry news.