Sample
Purchase Lead
Sample
Refinance Lead |
|
|
| See
the Internet lead comparison chart below |
|
Our
mortgage leads are
motivated. What I mean is that
the person inquiring has completed an application for a
mortgage loan and is waiting for your call. They are actively pursuing you and
genuinely want you to contact them. These leads are
not the result of spam email, telemarketing, direct mail, etc.
Because the
potential borrower initiated contact, we have very little
control over the speed of the number of leads. If you need a
large group of leads in a short time frame you need to order
on a regional or national basis.
Our leads are not intended to be delivered in mass.
They are to BOOST your existing business. Because
they are EXTRA leads, you can close more loans per month and
per year.
Closing ratios have been reported from an ugly 5% to a
blistering 20+%. The consensus from our observation is
that an average LO with decent people skills should close in
the 12.5% range. In other words about 1 closing per 8
leads. If you are unsure of your abilities order the
Sampler of twenty five leads. That will let you get your feet
wet without a big budget and see what you can do.
Typical cost of other leads:
|
| Yellow Pages |
$38 (our experience) |
|
Closing ratio 5% |
|
|
| Telemarketing |
$45-60 (typical) |
|
Closing ratio 8-11% |
|
|
| Direct Mail |
$30-80 (typical) |
|
Closing ratio 5-12% |
|
|
| NextLeads |
$17-30 |
|
Closing ratio 5-20% |
|
. |
Average 15% exclusive |
|
. |
8-12% Semi Exclusive |
|
Internet
Mortgage Leads Comparison Chart |
|
|
|
Source
|
Exclusive
|
Price
|
Authorized
Credit check
|
Comments
|
| NextLeads |
Yes |
$22
to $30 |
Most |
sent
"real time" Least Expensive Exclusive Leads,
no setup or monthly fees |
|
Semi Exclusive |
Semi |
$18 to 22 |
some |
no setup
fee, sent "real time" |
| FinancialFirebird |
Yes |
$ 29.41 |
Most |
mostly B credit purchase, "real time" |
| Mortgageleadsforsale |
Yes |
$ 39.00 |
Most |
mixed reviews *
caution * |
| LeadsGiant |
Yes |
$34 to $42 |
some |
no reviews, 12
hour delivery delay |
| onlinehere |
Yes |
$ 40.00 |
No |
2,000 min order
very small application |
| webleadshop |
Yes |
$ 29.00 |
No |
|
| LoanApp.com |
No |
$ 25.00 |
No |
Sold to 4 different
Brokers $199 setup |
| GetSmart.com |
No |
$19.00 Purchase |
No |
Set up fee
$1,000 |
| |
|
$37.00 "A" Paper |
|
Monthly Maintenance $500.00 |
| |
|
$51.00 Sub Prime |
|
Sold to 3 other lenders |
|
IQuoteShop |
Yes |
$
39.00 |
No |
reputable |
|
ILeads |
Yes |
$ 40.00 |
No |
1,000
leads @ $30 each |
| MortgageLeads.net/tcs |
Yes |
$ 60.00 |
No |
Minimum order $1000.00 |
| |
No |
$ 20.00 |
No |
|
|
Mortgageleadsforsale |
Yes |
$
39.00 |
Most |
Minimum
order $1170.00 |
| Loancom.net |
no |
$15 * |
no |
also have 5
line applications |
| Capital
Resource chrome.com |
yes |
$29 |
no |
limited
information provided |
| BestLeadsGroup |
? |
$95 * |
? |
$95 / mo, not
guaranteed any leads |
| MoneyNest.com |
Yes |
$ 39.00 |
No |
$21 for non
exclusive leads |
| Mortgage-Leads.com |
Yes |
$ 40.00 |
No |
Minimum order 250 leads
= $10,000 |
| Mortgageleads4less |
Yes |
$
55.00 |
Most |
Telemarketing leads |
| |
No |
$ 19.50 |
No |
Sold to 3 different
Lenders/ Brokers |
| Leadsfor.com |
Yes |
$ 50.00 |
No |
|
| |
No |
$ 25.00 |
No |
|
| LendingTree |
No |
|
No |
$10,000 set up,
+$8/lead +$400/close |
| Moneyavailable.com |
Yes |
$ 50.00 |
? |
$15 for non
exclusive leads |
| Mort-Net.com |
No |
$ 20.00 |
No |
Minimum order $1000.00 |
|
Mortgage-x.com |
No |
$ 3.00 |
No |
Sold to
4 other lenders
no setup fee, sent "real
time", minimum order 25 leads = $75.00 |
| refileads |
No |
$
20.00 |
No |
Sold to other lenders |
| LenderPad |
No |
$ 15.00 |
No |
Sold to 3 lenders * can
not recommend |
| LenderPad |
Y |
$ 45.00 |
No |
* can not recommend |
| USALoans |
* |
$ * |
No |
* can not recommend |
| TheTrueSource.QPG.com |
* |
$ * |
No |
* can not recommend |
Information was gathered
1/2001. We are not responsible for the accuracy.
When you compare $ spent per closing,
NextLeads come
out a winner.
|
|
| Lower cost per dollar return. |
| Easy to
work |
| Does
not interfere with existing marketing plans |
| Application already in hand |
|
Clients are motivated - they asked you for a loan |
Click here now
to try our service
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