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.
The Fax Machine Saga Part Four: Horace and Octavia discuss fall conference schedules.
Yes, the coming months will likely present some old and new problems for businesses in our space. Some will not be up to the challenge.
Season 3 is in full swing, and we’re excited to chat with Larry Bailey, CEO of Mortgage Workflow Partners. Larry is a big proponent of rolling up your sleeves, getting under the hood, and analyzing how a business really works. Not how the CEO thinks it works, but how it actually works.
The Fax Machine Saga Part Three: Horace investigates the disappearance of his fax machine.
The substantial pivot we’re seeing in the mortgage market right now may provide us a new opportunity to accelerate the long, slow march to a more transparent and clearer process.
For this week’s Lending Leaders, Tim Nguyen, CEO and Co-Founder of BeSmartee, shares his thoughts on the importance of balancing good business practices with a sense of social responsibility. He delves into his family history, its impact on his business philosophy, and how that philosophy has grown with him and his company.
The Fax Machine Sage Part Two: Octavia can’t take the fax machine any longer.
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.