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Cost Calculator
Cost Calculator: Step 1 of 2
First, answer the following questions about the operational expenses associated with your residential mortgage production. All fields are required.
What is your monthly residential mortgage application volume (units per month)?
What is your monthly residential mortgage closed loan volume (units per month)?
What was your total annual closed loan volume last year (in dollars)?
$
What are your dedicated residential loan staffing resources?
(Does not include Loan Officers)
STAFFING RESOURCES
# FULL TIME EMPLOYEES
ANNUAL SALARY
Loan Processors
$
Loan Underwriters
$
Loan Closers
$
Administrative Staff
$
Loan Officer Assistant
$
Our bank delivers a phone- and tablet-friendly mortgage application process:
Select one...
Yes
No
I don't know
Cost Calculator: Results
INDUSTRY AVERAGE:
$8,750
YOUR BASE COSTS:
$5
Origination costs represent direct production expenses and do not include sales, production technology, production support or corporate administration, including compliance, risk and legal support.
Next
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