A Referral Partner is a company or individual that sends prospective leads to a seller or broker. In the mortgage industry, referral partners are often real estate professionals, educational institutions, financial planners, builders, and current and/or past customers.
In sales, time is money. And in the mortgage business, where it takes 30 days or more to close a loan, time gets expensive fast. No wonder sales acceleration technology is creating such a buzz among mortgage lenders—or that Velocify is leading the way. Last week, Velocify was once again named to HousingWire magazine’s prestigious […]
Day five of our countdown is all about the year’s hottest Velocify news. (What countdown? Our first post on sales infographics highlights details of our end-of-year countdown and the FREE giveaway that’s coming soon.) Here are our most noteworthy Velocify news highlights of the year. Aggressive Growth Trajectory Velocify has seen record breaking growth in […]
It’s predicted that the second half of 2016 will be good in terms of home sales, home prices, and new construction. As interest rates increase, however, there will be fewer refinances and single family mortgage originations, so competition among consumer direct and retail lenders will be more heated. This means, mortgage lenders will need to […]
The mortgage sales and marketing process has a lot of moving parts. Loan officers often struggle to keep referral partners up to date, engage with interested borrowers, and follow up with existing clients. As a result, many mortgage organizations are leaving a significant amount of money on the table. To further the problem, many mortgage […]