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LUCKYBMAC

87 Posts

Posted - 05/14/2008 :  3:27:38 PM
I am having such problems closing my loans lately. With all the new stipulations, I feel like months go by before closing a simply rate and term refi.

Does anybody know where to find some free or relatively cheap predictive dialers???

Does any brokers out there know of websites where you can plug in your scenario and get feedback from multiple banks to know where to send it???

I have such great worth ethic but I haven't been getting rewarded lately. I need some fresh ideas, hopefully cheap ones, to get back going again.

Thanks
mantixmortgage

2717 Posts

Posted - 05/14/2008 :  3:47:38 PM
"Does any brokers out there know of websites where you can plug in your scenario and get feedback from multiple banks to know where to send it???"

just use DU/LP and send the loan to your lender of choice

"Does anybody know where to find some free or relatively cheap predictive dialers???"

there is a person on here ManagingPrime (i think) that has the info on these
aspiring1

1318 Posts

Posted - 05/14/2008 :  3:48:37 PM
quote:
Originally posted by LUCKYBMAC

I am having such problems closing my loans lately. With all the new stipulations, I feel like months go by before closing a simply rate and term refi.

Does anybody know where to find some free or relatively cheap predictive dialers???

Does any brokers out there know of websites where you can plug in your scenario and get feedback from multiple banks to know where to send it???

I have such great worth ethic but I haven't been getting rewarded lately. I need some fresh ideas, hopefully cheap ones, to get back going again.

Thanks

Try www.theloanpost.com
zizou510

225 Posts

Posted - 05/14/2008 :  3:55:12 PM
our office hired an in house underwriter to submitt our files. No more stupid conditions for us. everything id handled before the file leaves
Krishtian

72 Posts

Posted - 05/14/2008 :  4:02:15 PM
either it makes sense or not, then move to the next.. I assure you, your days will be a lot brighter. good luck!
Managing Prime

2802 Posts

Posted - 05/14/2008 :  4:13:41 PM
quote:
Originally posted by LUCKYBMAC



Does anybody know where to find some free or relatively cheap predictive dialers???



Do you want a seat or your own system. Your own system pays for itself in a couple months if you have more than 2 people in your office using it on the regular.


quote:
Originally posted by LUCKYBMAC



Does any brokers out there know of websites where you can plug in your scenario and get feedback from multiple banks to know where to send it???




NYLX. It's not cheap but it's great. Check out themoneystore.com to see how you can put it to work on the front end. You can pull credit, find product and best price. Run all your prospects though that system and if it's not an "approve" dump them as fast as you can.

Since you will be dumping 90-95% of your prospects it helps to have a relationship with a credit repair company, loan modification company and Debt Settlement company. Play your cards right and your relationships with those companys will pay all your marketing costs so that the loans you do close are pure profit.

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