{"id":2528,"date":"2018-06-28T15:12:48","date_gmt":"2018-06-28T15:12:48","guid":{"rendered":"https:\/\/preprod.housingwire.com\/knowledge\/?p=2528"},"modified":"2018-09-14T01:14:24","modified_gmt":"2018-09-14T01:14:24","slug":"managing-mortgage-loan-costs-in-a-competitive-market","status":"publish","type":"post","link":"https:\/\/preprod.housingwire.com\/knowledge\/managing-mortgage-loan-costs-in-a-competitive-market\/","title":{"rendered":"Managing Mortgage Loan Costs in a Competitive Market"},"content":{"rendered":"<p>Lenders spend money serving borrowers early on in the application process, even when those borrowers don\u2019t end up qualifying for a loan or go with another mortgage company. Losing borrowers early on leaves lenders footing the bill for these application expenses, adding unnecessary costs to an already over-strained business model. As such, lenders need to exploit every opportunity to be more efficient in their loan process and start saving on upfront costs and invest more in qualified borrowers. By utilizing the best tools, lenders can reduce out-of-pocket expenses from the beginning and have more impact on the ratio of applications to closings.<\/p>\n<p><strong>Publisher:<\/strong> Informative Research<br \/>\n<strong>Date:<\/strong>\u00a0July 2018<\/p>\n<p><!--[if lte IE 8]>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2-legacy.js\"><\/script>\n<![endif]--><br \/>\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/v2.js\"><\/script><br \/>\n<script>\n  hbspt.forms.create({\n\tportalId: \"4509319\",\n\tformId: \"0169bcb1-6d5f-48b6-b05f-e31adef737f5\"\n});\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders spend money serving borrowers early on in the application process, even when those borrowers don\u2019t end up qualifying for a loan or go with another mortgage company. Losing borrowers early on leaves lenders footing the bill for these application expenses, adding unnecessary costs to an already over-strained business model. As such, lenders need to [&hellip;]<\/p>\n","protected":false},"author":675,"featured_media":2529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[59,63],"coauthors":[],"class_list":["post-2528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lending","tag-top-picks","tag-white-paper"],"acf":[],"jetpack_featured_media_url":"https:\/\/preprod.housingwire.com\/knowledge\/wp-content\/uploads\/sites\/2\/2018\/06\/2018-06-InformativeResearch-500x500.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/users\/675"}],"replies":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/comments?post=2528"}],"version-history":[{"count":0,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/posts\/2528\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media\/2529"}],"wp:attachment":[{"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/media?parent=2528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/categories?post=2528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/tags?post=2528"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/preprod.housingwire.com\/knowledge\/wp-json\/wp\/v2\/coauthors?post=2528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}