Nine in ten originators receive clients from referrals, according to the MGIC Loan Originators Survey Report. To expand your sales pipeline and increase business opportunities it's essential to build strong relationships with professionals in related industries....
The FinLocker integration will surface data-driven insights to mortgage lenders and loan officers to hyper-personalize the homeownership journey of their customers using their private-labeled FinLocker app. FinLocker, a pioneer in digital, consumer-permissioned...
First-time homebuyers were the focus of 85% of originators in 2022, yet they only made 26% of home purchases. When your marketing efforts are focused on a subset of consumers who have already begun their homeownership journey, you face intense competition from...
Most homebuyers connect with a real estate agent before they connect with a loan officer. After referrals from past clients to their family and friends, the majority of loan officers receive more referrals from real estate agents than any other source. If loan...
Advise divorcing customers on the five common mortgage-related transactions used to settle the marital home The most valuable asset most couples must negotiate during a divorce is the marital home. Emotions are likely attached to the home, impacting timely and...
Faced with higher prices on rent, food, and gas, many first-time homebuyers are struggling to save for a down payment and pay off the credit card debt they’ve accrued in recent years. These compounding factors are driving the credit scores of many prospective...
Mortgage lenders and originators need to identify prospective homebuyers earlier if they want to connect with them before the competition. FinLocker has identified four leading indicators that a consumer intends to begin their homeownership journey. How they...
Differentiating yourself from other mortgage originators to attract homebuyers can be challenging. Still, you can undoubtedly rise to the top with a successful mortgage lead strategy. There are many ways to generate mortgage leads, but you need to meet homebuyers...
The Mortgage Bank Association (MBA) has predicted a 9% growth in purchase mortgage originations, leading to a new record of $1.73 trillion in 2022. The MBA's Mortgage Finance Forecast predicts purchase mortgage originations will be at least 70% from Q2 2022 and...
As refi mortgage applications fluctuate weekly and many homebuyers decide to wait for home prices to become more reasonable, mortgage leads are getting more competitive and expensive. Demand for paid mortgage leads, which are predominantly refinancing leads, has...