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Lodestar

HW Tech100

The company develops tools that accelerate efficiencies and help mortgage lenders maintain TRID compliance.

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LodeStar’s Loan Estimate Calculator helps attack necessary costs and expenses by streamlining them to minimize time and expense. The calculator delivers guaranteed closing cost estimates for all 50 states, including title insurance premiums, transfer taxes, municipal recording charges and settlement services fees. The technology works seamlessly with most mortgage-focused technologies and empowers lenders to manage all their providers’ fees from a single platform across their entire network.

  • It is HW’s 2019 and 2020 Tech 100 honoree.
  • The calculator has impacted over one million mortgage transactions in 202.
  • Closing cost calculator saves its users 8 minutes per file on average
  • Lenders saved 61,694 paid hours equating to a savings of $1.96 million in hourly wages.

Company Website:

https://www.lodestarss.com/

Markets Served:

Loan Origination

Company HQ:

Philadelphia, PA

3d rendering of a row of luxury townhouses along a street

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