Archive for September, 2010

Mortgage Leads, Sub Prime

If you are a loan officer or mortgage broker thinking about purchasing sub prime mortgage leads, buying them by way of the internet may not be such a bad place to start.

But before you go ahead and do that, find a mortgage lead provider that can deliver exactly what you are looking for, and that is sub prime mortgage leads.

A great place to start in your search for sub prime mortgage leads would be with a mortgage lead provider that allows for you to receive sub prime mortgage leads only. Either through cherry picking your mortgage leads or through a filtration process.

Avoid the mortgage lead companies that send you mortgage leads in bulk because not all of these mortgage leads will be sub prime mortgage leads, and you wouldn’t want to be wasting your hard earned money.

If your specialty is with sub prime mortgage leads, give serious thought to the mortgage lead companies that allow you to set up filters specific to the type of sub prime mortgage leads you are looking for.

For instance, you would be able to set up your filter specific to state, loan amount, ltv, etc. But most importantly, you can set up your filter to send you the mortgage leads with a poor to fair credit rating.

Also, look for mortgage lead companies that have comment sections on their mortgage leads. This is a good way to get an indication of exactly what the customers situation is.

This is not a bad way to go if your mortgage lead specialty happens to be foreclosures and bankruptcies as well.

Remember, before you start investing with a mortgage lead company, educate yourself through their web site and customer service or sales department. If you are not happy with the information that you are receiving, than it is more than likely you won’t be happy with the mortgage leads.

Jay Conners has more than seventeen years of experience in the banking and Mortgage Industry. He is the owner of http://www.jconners.com, a mortgage marketing and resource site for loan officers. He is also the owner of http://www.callprospect.com, a mortgage lead company, specializing in real time mortgage leads.


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