"New loan officer compensation rules have made it very difficult for small mortgage lenders to profitably operate their mortgage lending operation. Smaller community banks and credit unions in most cases cannot financially justify staffing a full service mortgage lending operation.
The concept behind the MortgageLeadMachine, is to provide a unmanned mortgage lead generation process within a bank's lobby that connects prospects in live time with a centralized mortgage call center."
Sincerely,
Bruce Kaufman Direct Phone: 313.549.1880
The real estate and mortgage industry has changed dramatically in just a few years. With the elimination of "No-Doc, 0% down loans", real estate and mortgage brokers have experienced a large decline in their incomes and many of these brokers basically just quit the industry. The cost of underwriting a mortgage loan has increased due to new government regulations.
Obtaining a constant source of quality leads to call on is the life blood of any mortgage company. The mortgage lead machine can now instantly collect the financial data needed so the mortgage loan officer (in real time) can quickly and efficiently pre-qualify a prospect for a mortgage loan. The mortgage lead machine is perfect for small community banks and credit unions. Just place a mortgage lead machine in your lobby and start to receive a constant stream of quality mortgage leads on a daily basis. Click here to learn how you can market the Mortgage Lead Machine in your community.
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