I speak with Loan Offices and Realtors on a daily basis. I am finding that mostare not really interested in helping clients that they can't slam dunk (close with little or no effort). While some of you might say well getting a client closed take lots of work I am sure it does. But what about the clients who are working hard to do everything they can to get their family in a home but they have no one to turn too. The Realtor want assist until they have a pre-qual. letter or the loan officer want touch them because their credit score is is 570 or less. The sad thing is that these hard working people are being brushed off or turned away. For example: Dec. 12 I spoke with a San Antonio Loan Officer I want mention them by name but I called their office up to speak with them about our services they said that they were not interested in our services though it is free to loan officers and Realtors because they do not help people with poor credit. So I asked why? They began to state that their clientele don't have these issues and those that do have issues they simply tell them they can not help them. So I went on to ask why not refer them out too some one who can help them get qualified? Their immediate response was it takes to much time and even if they did their is no guarantee that the client would come back. I followed up with the question "so what you are saying is you do not want a pipeline of future revenue and if you can't close your client immediately they are of no value too you? " they replied no that's not what I am saying! Although, they did ask me to send my information over to him. It took me questioning his commitment to selling loans to prompt him to move. Having these types of conversation multiple times began to make me question the mortgage industry:
Loan Officers, Brokers and Realtors if you are want to build a pipeline of closable clients, if you are looking for a trusted and reliable company to assist your clients and prospects with getting credit qualified for a mortgage I challenge you to give me a call. When you see your closing ratio increase you will be glad you did.
www.thecreditrepairexperts.com
g.drane@thecreditrepairexperts.com
800-805-9025 ext 706
Attention: Mortgage Brokers-Loan Officers-Realtors if you have clients or prospects who are serious about purchasing a home but you just can't get the qualified give us a call. CRX Credit Services specializes in credit restoration and work with you the lenders to get them qualified. So dust off the dead files, call your prospects and tell them that there is a solution to their credit situation and you know the company that can help! CRX Credit Services "The Credit Repair eXperts" 1-800-805-9025 or info@thecreditrepairexperts.com.
If every loan that was written up could be closed would we need loan officers? I heard a Broker stating the day of the loan officer is dead! She went on to say "all the brokers need are a few loan originators to sell the amounts of loans being produced in our office no lo's needed. I followed up by asking "what if you had someone who could put more loans in your pipeline?" She re phrased and said "I don't need loan officers who are not producing!" I asked her again and she asked "how?" I explained to her that instead of turning away all of your loans with bad credit, she could get them in a house down the road. Again, she asked "how?" I went on to explain to her that CRX Credit Service could take those client who serious about getting into a home and assist them by getting them credit ready for a mortgage. With more interest the broker asked again "how?" I explained to her the process and the education that CRX Credit Services provides to thier client and the free services added for loan officers she was delighted! After referring clients to CRX for a six month period her closing ratio has increased by 17%. Some may say big whoop 17%! But if you are a loan officer closing 2 to 3 loans a month a 17% increase is a good amount. If you are a mortgage broker closing 20 loans a month then you can see how a 17% increase can make the difference! IF YOU ARE READY TO CLOSE MORE LOANS GIVE US A CALL AND SEE HOW WE CAN INCREASE YOUR CLOSING RATIO!
CRX Credit Services 1-800-805-9024 or contact us at info@thecreditrepairexperts.com or visit us in the web at www.thecreditrepairexperts.com
Our services cost the mortgage broker, loan officers and mortgage companies nothing!
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Very Poor |
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500 |
500 - 600 |
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Indicates recent charge-offs, late payments, debt consolidation, student loan defaults, Bankruptcy, foreclosure, ect..... It is very likely that you will be declined for any lines of credit and pay high interest rate and huge down payment |
Indicates dated charge-offs, late payments, debt consolidation, student loan defaults, Bankruptcy, foreclosure, ect..... It is very likely that you will be declined for any lines of credit and pay high interest rate and huge down payment |
Indicates dated late payment, slow payment high debt to income ratio. Consider sub-prime borrower May be approve with high interest rate and fairly high down payment and interest rate |
Indicates good payment history, no late payments, low balances on credit accounts. Considered Prime borrower with higher interest rate low down payment if any. Depends on debt balance ratio. |
Indicates perfect payment history, no late payments, Low balances on credit accounts if any. Considered a Prime borrower and will have no problem getting credit or loans and likely to have little or no down payment and the very best interest rate possible. |
It has been my experience that Loan Officers and Mortgage Brokers are much to busy in todays market to speak with credit repair companies. I understood why they were before the the credit crisis. But today when selling a loan is tough and credit scores are much lower. Can someone please tell my why credit repair companies are being refused to provide a free service to the LO's and Brokers? I am puzzled!
OK! For the serious for the LO's and Brokers who want buyers in thier pipeline to close down the road give CRX Credit Services a Call. It's free.
800-805-9025
We can assit you in bring your closing ratio up!
Helping individuals restore the credit one step at a time. GA Notary and Paralegal
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