Taylor Morrison Home Funding Integrates With LodeStar

October 11, 2018

Taylor Morrison Home Funding has launched an integration with LodeStar Software Solutions to quote closing costs throughout the nation on new-home construction properties. This integration enables all Taylor Morrison Home Funding employees to obtain quotes instantly through Ellie Mae’s Encompass® digital mortgage solution.

“It is critical to leverage innovative industry partners like LodeStar to drive efficiency and accuracy. The level of customization they offer is unparalleled in the industry,” said Roy K. George, Vice President of Compliance at Taylor Morrison Home Funding. 

Taylor Morrison Home Funding users can generate a quote from LodeStar’s Loan Estimate Calculator without duplicating any data entry. All quotes are guaranteed for accuracy and returned in the proper TRID format. Fee quotes include transfer taxes, municipal recording charges, title insurance premiums and settlement costs across all 50 states. As a mortgage company owned by a homebuilder, most of the transactions are new construction properties. These can be requoted throughout the construction process at no extra charge.

“LodeStar is delighted to partner with Taylor Morrison Home Funding,” said Jim Paolino, CEO of LodeStar. “Until now, there did not exist a streamlined fee quoting solution for homebuilder properties on the market. Our secure, seamless integration with Encompass simplifies the manual fee-quoting process for the Loan Estimate and Closing Disclosure forms, so companies of all sizes can process mortgage loans faster and focus on growing their businesses.”

Contact ALTA at 202-296-3671 or communications@alta.org.