Posts Tagged ‘Mortgage’

Mortgage Marketing, 5 Tips to Live by

Wednesday, September 1st, 2010

For those of you working in the mortgage industry it is very important to keep your mortgage marketing activities in your daily activities. Here are a few helpful tips to keep in mind. Some may seem obvious. But please read on, they come with a fresh new outlook and revisiting the basics once in a while never hurt anyone.

1. Business Cards

It is very important to market yourself via business cards. You should be making a conscious effort to hand out ten per day at the very least.

Have them on you at all times, and keep a supply in your car just in case.

When doing business with someone, don’t give them just one business card, give them two, and ask them to refer someone to you.

2. Mailers and Reminders

Keep a tickler file handy on all of your customers birthdays, kids birthdays, and anniversaries. Send them a card to wish them well on their special occasion. They won’t be expecting it, making them all the more appreciative, it also keeps you in their thoughts, reminding them that they know a mortgage specialist that they can refer should the topic ever arise. It also gives you a reason to send out more business cards and keep them circulating.

Remember, the average home owner refinances, or purchases on average every three years, so it is important to stay in front of your customer.

3. Phone Numbers

Giving your phone number to your customer seems obvious, but it is equally important to give them your cellular phone number as well as your work number, and let them know that they can feel free to call you at any time, this will personalize the relationship you have with your customer and give them a comfort zone where they feel as though they can really trust you.

4. Become Active

Become active in local organizations and charities, here are a few examples:

• Chamber of Commerce

• Rotary

• Lions Club

• Networking Groups

• Church

• Local Youth Athletic Associations

5. Apparel

Wear your company’s logo, It doesn’t hurt to have a few polos or dress shirts in your wardrobe with your company logo on it for attending special events or just going out to lunch, lets face it, it’s free advertising, and it shows that you take pride in the company that you work for.

To sum it all up, you basically want to keep your name and your face in front of prospective customers. When they need a mortgage product you want them to think of you and you only.

John Santorineos Mortgage Speaker

Sunday, August 29th, 2010


John Santorineos, Mortgage Speakers Bureau, Title: Turbo Charge Your Realtor® Referrals within 90 Days, Loan Officer Training and Mortgage Marketing Tips

Mortgage Marketing, Concepts for the Future and From the Past

Thursday, August 26th, 2010

For both new and experienced loan officers looking to market their business to drum up some mortgage leads, consider a couple of old and new marketing concepts.

It is the twenty first century and it seems as though just about everybody and their brother is blogging. So why not build a mortgage blog just for yourself?

If you are sitting there thinking that you are not that computer literate or you are not a computer programmer, don’t worry, you don’t have to be. Setting up a blog is absolutely free and it is very easy. It only takes about five minutes at the most.

Once your blog is in place, you can post news briefs and short articles about your business and your products. You can also encourage others in the mortgage industry to post mortgage related topics also.

Blogs are great for mortgage marketing because it gives you another tool to work with. You can invite potential customers to visit so they can know more about you, your company, and the products you have to offer.

Be sure to put your picture on your blog. This will help the customers that you will not meet in person be able to put a name with a face. This is great for building relationships and this will give your long distance customers a little bit more of a comfort zone when working with you.

You can also invite friends, family, associates, and referral sources to visit and learn more about your business and products as well.

And don’t forget to put your blog address on your business card.

Speaking of business cards, this has got to be one of the easiest and cost-effective ways to market your business.

There is no reason why you should not be handing out ten business cards a day to potential customers and referral sources.

Business cards should be with you at all times and a separate supply should be kept in the glove box of your car at all times just in case.

Also, always give out two business cards, one for your customer and one for them to give to a friend or family member.

Mortgage Marketing Over the Phone

Tuesday, August 24th, 2010


For mortgage brokers and loan officers, marketing your products and services can be done in a variety of ways. From business cards to mailers, to face to face meetings.

Perhaps one of the trickiest methods of marketing ourselves and our mortgage products is over the telephone.

The telephone offers many challenges. For starters the potential customer is unable to put a face with your name, which more often than not leads them to draw inferences based on the sound of your voice. This may or may not be a good thing.

Also, these days everybody has caller id and has the option to screen your call should they not be in the mood to discuss mortgages. Many times you can be left hanging with nothing but somebody’s voice mail and never have an opportunity to speak with your customer.

However, voice mail can actually be considered a blessing in disguise. Here is where you have an opportunity to dangle a carrot in front of your customer.

If you just so happen upon a voice mail while cold calling, don’t just leave your name, number, and the company you work for with a hint of disappointment in your voice, be sure to leave them with a reason to call you, make them wonder what you meant behind your message.

Say something like this;

“Good evening Ms. Jones, my name is Jon Smith and I work for XYZ mortgage company. I understand that you are interested in a mortgage. I have looked over your scenario and I believe that I have the right product to meet your needs, so please give me a call back at a time convenient for you. Thank you.”

And smile while you are talking, the inflection will come out in your voice.

Another challenge you may face is when a customer tells you that they need to speak to their spouse before making a decision.

Should this happen, ask if their spouse is available now, and if so, ask to speak with them now.

If not, ask if there was anything that you did not explain clearly enough and that you would be happy to go over everything again.

If this doesn’t work, back off and ask if you may call back at a designated time convenient for your customer.

The more you cold call and work the phones the better your mortgage marketing skills will become over the phone. And as long as you know your products and you are prepared to explain them, success will come all the easier for you.

Mortgage Loan Modifications & Foreclosure Reversals

Saturday, August 21st, 2010


Foreclosure is not the final word! 1stchoicefinancial.webs.com You can reverse it, get your house back, and have a modified repayment schedule. Our primary products are residential mortgages & loan modifications, which helps families better afford their homes. If it’s before your eviction hearing, we can help. Contact an agent today for an emergency quote and fast service. 1stchoicefinancial.webs.com Or call (850) 524-3506 After hours (850) 297-9242

Does anyone have any good ideas for marketing a local newspaper ad for a mortgage loan officer?

Wednesday, August 18th, 2010

I am a mortgage Loan officer and its my 1st time putting up an ad in a small local paper. I need any ideas that work with getting customers. I was told not to put the words “bad credit” because people with crappy credit will then come to me. although we do 540+ credit scores. Anyways, any ideas or sugesstions that you guys might have to help me out on this one? Just trying to pick up some more clients than i already have.

What is the best marketing for getting mortgage leads?

Sunday, August 15th, 2010

What To Do Now? – Mortgage Marketing Minute

Friday, August 13th, 2010


Another mortgage marketing minute by Brian Sacks.

How do you start marketing effectively for a Mortgage company in Arizona?

Saturday, August 7th, 2010

I have been given the task of creating new Ideas to generate business in our (home, construction, lot, refinance and HELOC programs) What are some cheaper, more effective avenues that work?

what is the best way to get leads in marketing mortgage loans?

Wednesday, August 4th, 2010