Free Mortgage CRM

Mortgage Lead Software

Free Mortgage Leads — Thu, 16 Sep 2010 02:00:22 +0000

We are not ashamed to admit that good-will is an extremely effective marketing device. That being said, our software solutions department was created from our own logistical necessities. We currently use the same software platform to manage and distribute thousands of telemarketed leads to our customers so we can extend the access to you 100% free. The free mortgage lead software is now cloud based meaning you can connect with your leads and lead vendors from a central online platform. Powered by TheLeadTree.com just click below to create your free account and get started right away.

Customer Relations Management software otherwise known as CRM can help to optimize the bloodline of any company, which is the customer contact point and in the mortgage industry that means proper lead management.

Stay in touch with prospects, schedule follow ups, set custom statuses and alerts. With our mortgage CRM you can easily manage and track your leads and the best part is that our system is web-based so that means you can login from anywhere that has an internet connection.

Mortgage CRM Mobile Comparability

FreeMortgageCRM.com provides an Iphone and smartphone friendly interface. You can log into your account while on the go by accessing your account through the mobile version of our site. When using our free mortgage lead software on your mobile device you will find the most easy to use mobile friendly CRM on the market and the best part is of course its 100% free!

Quality Mortgage Leads

Free Mortgage Leads — Thu, 16 Sep 2010 01:49:39 +0000

Quality Mortgage Leads
Keeping your loan officers supplied with quality mortgage leads can be the quickest way to increase revenue and take your business to the next level. You can separate mortgage leads into several different categories but three main ones stand out above the rest, internet mortgage leads, telemarketing mortgage leads and direct mail mortgage leads. Trying to compare these can be difficult because it depends on the type of business model you are running.

Internet Leads
Internet mortgage leads are better implemented in mortgage offices that have many loan officers to handle a large numbers of leads. This is because the closing ratio is around 5% so the LO has to spend more time on the phone and burn through 100 internet mortgage leads just to fund 5 deals.

Direct Mail Marketing
Direct mail campaigns aka mailers are different altogether.When sending out direct mortgage mailers you can expect around .1% return. Now this might sound like a waste of time, the average mailer campaign is around 25,000 records and above. So the price per qualified lead can actually render a high return on investment.

Quality Mortgage Leads

Telemarketing Mortgage Leads
Top quality mortgage leads are generated from telemarketing. This is by far the most expensive way to generate mortgage leads because it requires a highly trained telemarketer to generate what’s known as a mini 10-03 (mini ten 0 three), which is basically a full application minus the social security and date of birth and this only reason this information is missing is because the FTC has strict regulations against collecting those particular details via telemarketing.

Finding out the best solution for you can and will cost money but it will also pay off. Many established mortgage companies end up using a diverse mix up of all three of these tactics to generate quality mortgage leads.

5 Things You May Be Surprised To Know That Help You Get Approved Or A Lower Rate For A Mortgage Loan

Free Mortgage Leads — Tue, 10 Aug 2010 03:13:12 +0000

Buy Life Insurance – Although life insurance is not a requirement for most mortgage lenders, it is definitely something that many lenders will take into consideration when evaluating your mortgage application. By demonstrating that you have enough life insurance to cover the mortgage, there is a higher likelihood that they will approve your application, because they know there is less of a chance they’ll have to go through the difficult process of handling your mortgage if you were to suddenly pass away.
Don’t Close Any Accounts During the Mortgage Process – Since lenders are evaluating your present financial situation, the closing or canceling of any existing accounts, regardless of balance, may trigger a red flag with the lender. If you want to close any accounts or cancel any contracts, do this either before or after the mortgage application has been approved.
Request That Credit Bureaus DO NOT Accept Unauthorized Credit Checks – If you’re like many average Americans, you receive countless “pre-approved” credit card solicitations and loan ads in your mailbox every day. This is because these companies have software that scans consumer credit reports based on criteria that they feel will result in a list of good potential new customers. Although these inquiries may not directly lower your credit score, it does show up when a mortgage company pulls a copy of your report. Your best option is to prevent these companies from accessing your credit report altogether.
Don’t Move Your Money From One Bank Account To Another – Any transfer of money from one account to another generates a paper trail that will require further explanation when the mortgage company receives copies of your account statements. Even if the transfers are within your own accounts, try to avoid moving the money if at all possible. This is especially true when moving money from a savings account to a checking account because it may appear to the lender that you’re preparing to use that money.
Avoid Using “Credit Repair” Services – Many people with credit that is less than perfect are attracted to organizations that offer to fix your credit in record time and improve your overall score. This is not always the case. When lenders see on your credit report that you are working with a consumer debt counseling company they actually look less favorably upon such notations. To the lender, the only way to interpret this information is to assume the borrower cannot pay the existing bills, therefore how could they possibly afford a mortgage payment? Your best bet is to work directly with the credit card or loan companies to arrange a repayment plan.

Mortgage Marketing: Forming Realtor Referral Alliances

Free Mortgage Leads — Mon, 09 Aug 2010 06:47:43 +0000

When it comes to selling mortgages, you already know that those inbound mortgage calls are way better than the outbound ones, right? You also know that it is hard to get your business to a place where those inbound calls are outnumbering your outbound calls. The key is to find a way to make that happen so that you are handling calls instead of making them.
The best way to get more calls coming in about mortgages is to get more referrals from real estate agents or real estate mortgage referrals. How, though, are you supposed to get real estate agents, who are always being hounded by mortgage people, to send their clients to you instead of someone else? The answer is to use a variety of techniques to get the right realtors working for you. Consider some of the methods here and you will see your referrals go up quickly over the next few months.
Finding the Right Agents
Before you can get agents working with you, you have to find the right agents, right? There are a couple of ways to do that, so consider which ones may work best for you. If you are really ambitious, try using all the methods. Remember, inbound is better than outbound any day.
1) You can work your way to the agents through a good escrow officer. The process is really pretty simple. First, find five big title companies around your area. Use the number one escrow officer at each individual company to perform a transaction and make sure you give out the best possible service to your client. Then, have the officer fill out a customer satisfaction survey at the closing to show off what a great job you do for clients. From there, send a gift to the officer and a week or so later go in and ask for referrals. It is some work, but you will find that you can get some good realtor referrals from some top performers this way.
2) Another way to get the right agents is to research. If you talk to your title officer, he or she should be able to tell you who the top real estate agents are in your area. Once you know who the top performers are, then you can target them and woo them for their referral business. If you are going to get referrals you may as well make sure you are getting them from the best, right?
Asking Realtors for Referrals
Once you know who the agents you want to work with are, you have to find a way to get them to talk to you. They need a reason to send their customers to you. So here are ways that may help you get your foot in the door with customers.
The Approach Letter: The approach letter is one of the best ways to make initial contact with a real estate agent. The key, though, is to say the right things and make sure it gets read.
First of all, make sure you are sending out a lot of letters. In fact, it is a good idea to make it part of your routine. Send out one or two letters every day that there is mail service. You can help yourself to stay organized by using computer software.
Next, make sure you send the letter in a manner so that it will get noticed. Making sure the letter gets read is important. You can send it in an overnight package, in an unusual pack, but don’t send gifts as you would come off as desperate since you don’t even know the person. No matter what, though, find a way to get eyeballs on what you have to say.
In your letter, be sure to say something useful and to the point. Make sure that you offer some sort of selling proposition, tell about yourself so they know who they are working with, and give them a heads up that you will be calling in a day or two to schedule a face to face meeting to further describe the selling proposition.
Using a Program
There are never enough ways out there for you to get in partnership with real estate agents. After all, they are the ones that are in front of the clients out there. So if you do not know about letters and phone calls, consider some other methods out there. Find a golden mortgage marketing strategy that produces results.
If you do some research, you will find that there are programs out there that can help you partner up. In fact, there are some that can help you get real estate agents calling you instead of vice versa. Just like with mortgage customers, inbound calls are always better than outbound calls.

VanillaSoft Demo – Lead Management Software

Free Mortgage Leads — Mon, 09 Aug 2010 04:42:22 +0000

VanillaSoft is the perfect tool for inside sales teams and any other groups with phone-driven activities. If your sales people should be making 50 calls a day or more, then VanillaSoft is for you. Significantly increase productivity and quality while gaining valuable management insight into not only effort but also results!

Commercial Mortgage Broker Marketing Secrets

Free Mortgage Leads — Sun, 08 Aug 2010 10:23:37 +0000

What you know makes all the difference.

Countless surveys and articles have been written about how an independent commercial mortgage broker can market themselves. You can attend seminars, read books, listen to web broadcasts, or get the advice of your business associates. Marketing advice is everywhere, but who gets it? Who does it right? What can you do to bring clients to your doorstep? I’m not talking about leads, you can buy leads. I’m talking about real clients, the kind of clients that need your expertise, and will pay you real money to get it. I will tell you who will not come knocking at your door. Clients that don’t know you exist.

Ok here is the secret to marketing. Do something. Whether right or wrong, do something. If you do nothing, it will always be the wrong thing. Don’t be afraid to get your name out there. If you do something, you will be right some of the time and “some of the time” will bring you clients. It’s not about a fancy ad campaign. Most of us can’t afford that sort of expense and it won’t work anyway. What clients need in the commercial mortgage industry is expertise and options. Options that will get their deals funded, and options that you, the expert commercial mortgage broker can offer. Educate those clients and you will reap the rewards.

Step 1- Figure out what makes you unique. Why would someone want to work with you to finance their commercial mortgage? Are you knowledgeable about the mortgage industry? Do you have multiple commercial lender contacts that make you invaluable to a potential client? If so, let them know.

Step 2- Write articles, send informational emails, write a newsletter, speak at investor events, anything to let people know who you are and why they need to do business with you. Above all educate your clients about yourself and about the commercial mortgage industry. Don’t assume that they know what they are doing, assure they know what they are doing. It will make your job easier in the long run.

Step 3- Do it with a smile, self confidence, and a helpful spirit. No one wants to work with someone who is condescending or pessimistic. A lot of people have made it far with a smile and a great attitude. Know you can do it and get out there and do it. Henry Ford once said “Whether you think you can or you can’t, you’re right”.

My time in military service taught me one great life lesson. That lesson is to control the things in your life that you can control and don’t worry about the things you have no control over. There is nothing you can do to change those things. Think about that for a moment. How much time do you spend worrying about interest rates, traffic, or global warming? These are all things you have no control over, so don’t worry about them. Whether your phone will ring tomorrow, next week, or next month with your next commercial deal is something you can control. Something you and only you can make happen. Take some time to decide what works best for you. What fits your style and abilities? Are you a good writer? Then write some articles and educate the commercial investors in your area on commercial finance. Are you better face to face? Join every investor or community group you can and go meet people. Having no budget is not an excuse for not marketing.

They only secret is to do something. No one knows your business better than you do. What makes you different? Why should someone do business with you? All you have to do is figure that out and let people know. Get the word out any way you can. Marketing is not magic.

The Power of 2.1%, The Clear Choice of Jumbo Reverse Mortgages

Free Mortgage Leads — Sat, 07 Aug 2010 13:58:06 +0000

Many borrowers look at a few of the important aspects of their proposed jumbo reverse mortgage. How much money will they get, How much are the fees, what is the starting interest rate but so often these are about the only items they concern themselves with.
Some borrowers also insist on getting fixed rate reverse mortgages, but the fixed rates typically insure the borrower of paying an interest rate way above the current adjustable rates available and based on the
averages of the indexes upon which the jumbo rates are ultimately determined, borrowers would have to go back over 17 years to find a historical average that would even approach making the higher fixed rates worthwhile. In other words, borrowers choosing today’s jumbo fixed rates would have lost money to their adjustable counterparts as an average for more than the last 17 years.
No one can predict the future, but the last 17 years include some very volatile markets and the borrowers would still be worse off at today’s low rates with a fixed rate than going through those volatile markets with an adjustable rate.
So for the borrower who is really trying to determine the lowest cost reverse mortgage for proprietary or jumbo reverse mortgage programs, they need to also review the missing element – the margin. The margin is the amount that is added to the index to determine at what rate the loan will accrue interest over the life of the loan.
In other words, two loans with the same index will accrue interest differently if one has a lower margin. Many reverse mortgages such as the Financial Freedom Cash Advantage program have a margin of 3.5%. The Independence Plan offers a 2.1% margin as an option for borrowers who are concerned with interest rates and how they will affect the future equity. The margin is the hidden factor.
The origination fee for many of the jumbo proprietary programs is around 2% of the principal lending limit, while the fee on the Independence Plan is .5% of the appraised value, which usually works out to the borrowers paying about half of the fee for the Independence Plan.
If you are considering a reverse mortgage on a jumbo or proprietary program, take a good look at the amortization schedules. Borrowers can save thousands of dollars over the years by choosing a program that accrues interest at a lower rate and this area of the decision is so often over-looked.
If your main motivation is to get the most money available and you aren’t worried about the interest rates or the effects on your equity, then you should let your reverse mortgage specialist know this up front. Fixed rates also sound great, but if you have to pay high s or mid 9 percent or more to get one (today’s rate on the most established fixed rate program, the Reverse Select ranges from 8.75% to 9.5%), and based on historical averages the rates never pay off by having it fixed, you have to ask yourself if the higher fixed rates are worth it.
If you look at the higher fixed rates, the amortizations schedules show the balances increasing much faster and options for receipt of the funds are usually much more restricted. But if you want a program that will give you an excellent initial draw while still accruing interest at the lowest rate possible, then the Independence Plan with the 2.1% margin may be just what you were looking for.
As a direct comparison take a look at these three actual proprietary programs available today. The Cash Account (Variable Rate), The Reverse Select (Fixed Rate), & The Independence Plan (Variable Rate). All programs use a 68Yr Borrower and a home value of $1,000,000.
Interest Rates (04/14/2008)
Cash Account 6.220%
Reverse Select Fixed 8.75%
Independence Plan 4.81%
Outstanding Balance Outstanding Balance
Proceeds Available: 10 Years 15 years
Cash Account $353,393 $637,133* $ 870,264*
Reverse Select Fixed $323,000 $778,146* $1,205,569*
Independence Plan $278,569 $465,641* $ 594,237*
*All results taken from Lender’s Calculator Software
Origination FEE:
Cash Account $7,275
Reverse Select Fixed $13,500
Independence Plan $5,000
If you look at all three plans, you will see that the Independence Plan does not give the highest amount of money at closing but does have by far the lowest interest rate and Origination Fee. This means that the fees added to your initial balance will be less and the interest rate at which your loan accrues interest is also less, all adding up to much less equity erosion over time.
As stated in the article above, if your main motivation is to get the most money available (for example you need the cash to pay off an existing mortgage) and you are not concerned with the preservation of future equity, then you need to be sure to let your reverse mortgage specialist know. But if the Independence Plan works for you, it’s not hard to see how much money you can save over the years with program that offers a lower origination fee combined with a lower interest rate!

More About Turbo Tax Deluxe 2002 Software

Free Mortgage Leads — Fri, 06 Aug 2010 17:43:33 +0000

This is a product of intuit.Com that enables users to have an easy time with analyses and accurate calculation of their tax return online. To sum up, users benefits from smart tax strategies, expert guidance, and a comprehensive tax library.Installation of turbo tax softwareOne key thing that you must ensure is internet connection but the brief procedure is transparent and trouble free. Those who have used the previous versions of turbo tax as well as quicken users can rapidly import their financial data. Each copy offers free -after reimbursement electronic filing and TurboTax State, for more details visit to www.page-brand-generator.com which one can order from within the program. Each step you need to install this tax software is utterly well explained which makes it easier and reliable than even meeting an accountant. If some financial data fail to materialize, you can always go ahead and complete the remaining as you wait for this temporally loss of information. When the numbers are finally all in, TurboTax software will do the arithmetic and instantly release the news, for you the way they really are, then you can e-file the data to serve as future reference.If you install TurboTax on a different computer without starting it, you can view or make changes to your tax return, for more details visit to www.viral-toolbar-builder.com but you will not be able to print from inside the program, electronically file, or save your tax file as a PDF file from that computer. Like, if you install turbo tax deluxe 2002 on your desktop computer which you intend to use for your tax return and then electronically file from there to another one, which could be a laptop in which you also installed a similar one, you will not need to do it once again there.Uninstalling To fully uninstall the SafeCast/C-Dilla element of Turbo Tax, you must download the free uninstall application at the TurboTax Support website.Why should you buy turbo tax deluxe 2002 software?is as streamlined and simple as before, and its integration with Quicken is improved than ever.Intuit has struggled to make this turbo tax software easy to use even for those with a dislike to tax forms and computers.This is a wizard-based system to guide users through each step, with plenty of context-sensitive advice.Turbo Tax Deluxe2002 guides users via a step-by-step giving more advice, guidance and spare tips to enable them save on their taxes.Has more features added to the ones contained in the basic turbo tax software, to ensure that users are able to uncover tax saving chances.A free Turbo Tax State download is also included, right from within your federal program.Moreover, updated is the complete tax library. It includes official internal revenue publications, more than a thousand pages of easy to find references right on the screen, the complete Money Magazine’s Income Tax Handbook and video tax advice from top financial experts.TurboTax Deluxe 2002 also allows users to recover and input their wage, mortgage interest, and investment data with instant data entry by mechanically recovering W-2 wage data, 1098 mortgage interest, and 1099 investment data from participating employers and financial institutions.

Home Loans – Tips On How To Take Advantage Of An Internet Mortgage Company And Service Online

Free Mortgage Leads — Thu, 05 Aug 2010 20:52:56 +0000

Nowadays, due to enhanced security systems and programs, it is now possible to get a mortgage online.

Using a system of account codes and having “firewalls” built into software, it is very difficult for non-subscriber to access private information, thus making the process of applying for a mortgage online safe. The proliferation of these kinds of services that deal with legally protected information will give rise to new, as well as more secure, approaches to data transfer over the Internet.

By using the internet, you can compare mortgage interest rates offered by various lenders, and you can also get amortization schedules which reflect the data you would have put and the situation you would have described. Various home loan sites have âfrequently asked questions’ and e-mail options, thus you can get some free advice too. As technology advances, one can get automatic and quick assessment, approvals or declines online even quicker.

In addition to their desktop applications, mortgage brokers, real estate brokers and specialty home loan lenders are using the multimedia capability of their computers for video-conferencing, thus adding a human touch to the whole process. After you have done the initial shopping around and comparisons of interest rates, to help you make the final decision, you can e-mail a mortgage broker and request for a video-conference meeting, during which you may ask any questions you have.

This advancement in technology means that instead of becoming less personal, online home mortgage services will actually become more personal.

However, not all applications can be approved online, since some individual applications have particular details and circumstances which would require specific review by the mortgage brokers and lending companies. In these situations, the applicants will want counsel from professionals who know how to bring their home loans package into conformance for automated review.

One can also get a âvirtual agent’ to assist as necessary during the process of applying for a home mortgage online. If the initial computerized assessment of your file show that there are certain parts of your application that need more analysis, a digital helper can be automatically created for your loan application. The virtual agent would identify the areas of your application that need more attention, and will then provide guidance and answers to help you get a rapid home loan approval online.

Getting a mortgage that suits your circumstances so that you can buy your dream home has never been easier, due to the advent of online services. You can search online for the lender who can offer you to best home loan deal and help you make some savings in the long term.

Using online services, you can choose the lending company to get your mortgage from, and you can compare the home loan rates and conditions which can be made available to you. If you need some clarifications after your initial search, you can use video-conference meeting with an agent, which is very convenient. Internet mortgages have made it very easy and quick for anyone to get the best home loan.

How to Market your Mortgage Business and Website Using Articles

Free Mortgage Leads — Thu, 05 Aug 2010 00:35:07 +0000

How to Market Your Mortgage Business And Website Using Articles

You are reading this article and adding it to your mortgage marketing knowledge because one or more of the following occurred:

1. You were notified via email that it was now available on my website,

2. You have book-marked my website and check for new stuff periodically,

3. You have a friend that sent you the article that thought you might be interested in the subject,

4. You searched Google and entered a few keywords which then found this article automatically,

5. You subscribe to a free mortgage newsletter and this article was reproduced in its entirety,

6. You found this article on a marketing website and this article was in their article archives.

7. You subscribe to a pay-in-advance mortgage newsletter and this article is available,

8. You searched Google using the search term…tom domin articles, and found the article.

9. You found this article on a mortgage forum or blog and it caught your attention.

Pretty powerful results for writing a simple article…isn’t it?

That’s exactly what can happen when you write articles and publish them to your website. You can even accelerate the process by submitting your finished article to article directories. Search engines absolutely love article directories (content…remember) and readily index them (and you, if you write an article).

And it gets even better…If you write an article about the housing market in you area for example, and then insert your city of business in the article title…the article may appear in the search results when someone is looking to buy a home in your town.

The result…someone thinking of buying a home in your area has found your article…identified you as a Mortgage Professional…and because you now have credibility and thought of as an expert, they contact you for additional information. The real significant part of this is that they found you…you didn’t find them and, this alone increases your chances of success with these people.

This approach called “Article Marketing” can make a powerful new addition to your mortgage marketing program. Based on the above list, articles have a much greater reach than advertisements. When you publish your articles you are offering that article to hundreds of potential publishers. If it’s well written, not a commercial or offer of some kid, and fits their needs, it’s very likely it will be accepted and published.

With the many advantages of article marketing…the best has been saved for last…it’s free! Yes, writing articles for your website is free. You don’t have to invest in any special software program. You don’t have to hire a writer. Just write your article in your word processing program like MS Word or Notepad.

When you’re ready to publish your article on the Internet, the only thing you need is a computer, an Internet connection, and a few free article directories.

There is no doubt that article marketing is an excellent addition to your mortgage marketing program. They help increase your web traffic, build credibility, and enhance your authority and expertise. And, last but not least…it’s free!