The national average total closing costs for a purchase mortgage transaction were $2,403. This amount consists of a national average of 0.72% of the home sales price.
This one’s all about keeping creativity alive, even and especially when the market is uncertain. LodeStar’s Director of Revenue, Alayna Gardner, chats with Marketing Content Manager Tim Austen to discuss creativity, and how to invest in it—no matter what’s happening in the industry.
Horace confronts the uncertainty of the present market…
One of the most straight-forward of states when it comes to LE and closing cost complexities, Maine assesses recording fees statewide, on a scale determined by the size (length in page count) of each security instrument (mortgage), conveyance instrument (deed), or other recordable sent to the county for recordation.
Unlike past down cycles, the focus for lenders—at least the ones we talked to—isn’t just keeping costs low until volume rebounds. It’s automation.
For this week’s episode of the LodeStar Lending Leaders Podcast, Alayna chats with Molly Elmore, Partner at Valhil Advisors and co-host of the new podcast Escape Velocity, about how Blockchain is changing the internet and the economy at large.
I’ve been thinking about innovation a lot lately. When the market slows and order volumes decline, we suddenly have the time we didn’t have when things were busier.
For this week’s episode of LLL, Alayna and Kelsey chat about their experience as women in the mortgage space, how things have changed, and where they came from.
For whatever reason, some folks assume “mentorship” needs to come through some kind of formal program with titles and labels. But it’s much more than that.