Lenda earns 1% to 1.5% gross margins on its $300,000 average loans
Jason Vandenbrand · $70m Loaned in One Click Mortgage Lending Business with Jason van den Brand of Lenda.com EP 220 · Apr 2, 2016 · at 14:29
Jason Vandenbrand explains Lenda's unit economics and gross margins per originated mortgage loan.
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“If you take our average loan amount, 300,000 dollars we make on average about one to one and a half percent of that as a margin. That's our gross margin.”
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