Lending Insight from our CEO 💡
One of the most eye-opening concepts you can learn as a mortgage banker is to understand the economics of a closed loan.
According to the MBA, in Q3 2021 the numbers looked something like this:
Net Revenue per Loan: 396 bps
Expenses per Loan: 307 bps
Net Profit per Loan: 89 bps
LenderLogix has...
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