Loan Estimate Challenges

Loan Estimate Challenges

Texas’s Biggest LE Challenges

With 254 counties, Texas offers numerous opportunities for tax or fee variability, and thus, its fair share of LE challenges.

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Loan Estimate Challenges

Arizona’s Biggest LE Challenges

While much of its real estate transactional volume takes place in Maricopa County, the state of Arizona does offer one occasional challenge in the assembling of the LE.

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Loan Estimate Challenges

Georgia’s Biggest LE Challenges

Perhaps Georgia’s most notable feature (in terms of LE challenges) is that it’s part of the class of so-called “attorney states.”

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Loan Estimate Challenges

Pennsylvania’s Biggest LE Challenges

The Commonwealth of Pennsylvania holds a special place in our hearts, since it’s where LodeStar calls home. Pennsylvania does offer a handful of challenges for those assembling Loan Estimates for transactions occurring there. 

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Loan Estimate Challenges

Illinois’s Biggest LE Challenges

Illinois is a state of contrasts and complexities. Home to the notorious (for settlement services purposes, that is!) Cook County, Illinois is a place that certainly keeps loan officers and title agents preparing CD’s and LE’s on their toes.

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Loan Estimate Challenges

Washington’s Biggest LE Challenges

Like some of its neighbors to the south, Washington is best known—at least, when it comes to generating a Loan Estimate, for it’s varied and sundry county-specific and city-specific transfer taxes. These also can change from time to time, and never in unison.

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Loan Estimate Challenges

California’s Biggest LE Challenges

California has built a reputation as a heavily regulated state with a  complex system of laws and rules, no matter what part of the economy or society being discussed. So it’s probably no surprise to learn that, when it comes to property fees, taxes and other influences on creating an accurate Loan Estimate and closing, California is one of the trickier places in which to do it.

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Loan Estimate Challenges

New York’s Biggest LE Challenges

Many users of LodeStar’s closing cost calculator use it in most or all of the states they do business. However, it’s telling to note that, of all of our single-state users—title companies that prefer to do their LEs and closing cost estimates by hand—the vast majority use it for the state of New York.

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Loan Estimate Challenges

Maryland’s Biggest LE Challenges

When it comes to preparing a TRID Loan Estimate (LE) there might not be a trickier state for your transaction than Maryland, with its myriad of wrinkles and various, differing taxes and requirements.

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