The industry average cost to process a home loan is around $8000*. That’s bananas! What are all those people actually doing? When a lender’s costs are high, they have to cover it with high closing costs and high rates.

Our rates are low because we use lots of automation not lots of people. Check it out:

We’ve removed pointless steps and automated others. We’re not paying a thousand people to push paper.
We’re direct. No commissions are paid to marketing middlemen.
We have closing in-house, which streamlines it and makes it cheaper.

Source: Mortgage Bankers Association’s (MBA) 2018 Quarterly Mortgage Bankers Performance Report.
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