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.
Here’s one last mortgage industry vibe check before the holidays. With just three and a half short weeks before break, Jim and Alayna give their take on the state of the mortgage industry.
Thought by some to mean “muddy water,” Missouri’s name actually means “town of the large canoes” and is attributable to a Sioux Native American tribe. When it comes to mortgage LE challenges, Missouri is a relatively consistent place.
LodeStar’s Alayna Gardner chats with Lynnette Nuese, Director of Sales at Constellation Mortgage Solutions, about how lenders and vendors can work together to improve the loan origination process and ace tech implementation.
Birthplace to Marlon Brando and Warren Buffet, the Cornhusker State is a relatively straight-forward place in terms of LE challenges.
Bordered on the west by the famous river of the same name, The Magnolia State tends to be known for its role as birthplace of the blues and its delicious cuisine.
LodeStar’s Jim Paolino chats with longtime friend and recent homebuyer, Brian Popek, about the ups and downs of buying a home in a less-than-ideal time.
In Minnesota, there is a single, flat recording fee applicable statewide. It is of note that, if a well certificate is recorded with the deed, the deed fee increases by $50.