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.
For this special episode of the Full Disclosure podcast, Jim and Alayna are returning to their Lending Leaders roots and welcoming an exciting guest, Brian Vieaux, CMB, the new president of MISMO. Together they discuss the future of mortgage industry standards and how rapidly AI is changing the game.
First, change is inevitable. Second, no business is “too small” to seek continuous improvement, especially in their own processes.
To kick off yet another season of exciting and impactful discussions about the mortgage industry and related subjects, LodeStar Co-Founders Jim and Dave sit down with Alayna to discuss their not-so-proudest moments as business owners.
The Fax Machine Saga Part One: Octavia discovers an upsetting feature of Horace’s office.
Some of the greatest examples of fulfillment and purpose through employment that I’ve heard about have happened for people working for small businesses.
To conclude the LodeStar Lending Leaders Summer Session, we’re capping off our weeks-long discussion of how a mortgage insider buys a home. Alayna interviews Jim and his wife Sarah and invites them to reflect on their home buying process.
we still see way too much of the strategy that demands mass hiring in robust markets, then mass layoffs when those market cycles change.
Horace’s nephew suggests he try making TikToks. If only he knew what those were.
This week, Jim, Dave, and Alayna take an opportunity to pop some champagne and celebrate LodeStar placing on the 2022 Inc. Magazine list of America’s 5000 fastest growing private companies.