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Volume 18 - Number 16

August 8, 2014

Many Believe in Home Purchase; Many Unprepared

An overwhelming majority of prospective homebuyers believe purchasing a home is a good investment decision, but many of them “haven’t done the math” and feel overwhelmed by the amount of information that have to contend with, according to a new Discover Home Loans/Versta Research poll. Five years after the Great Recession, most participants generally had positive views and expectations about their upcoming participation in the housing and mortgage markets ...

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Poll

In 2016, what have you been paying your retail residential loan officers, on average, as a commission?

25 to 50 basis points per loan
51 to 75 bps
76 to 100 bps
101 to 150 bps
More than 150 bps
We’re a call center lender and don’t disclose that data point.

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