Data Facts Lending Solutions Blog

What to Know When Expanding Mortgage Services to LEP Borrowers

Posted by Matt Holmes

Apr 12, 2021 9:02:00 AM

One of the largest challenges facing loan originators today is how to appeal to the modern loan applicant in the digital age. Demographics are shifting, and the face of homeownership is changing like never before. Thus, it’s essential to promote diversity in your product offering- this entails making your services accessible to borrowers with “limited English proficiency”, or LEP. Today, more than 25 million people in the United States are considered to have limited English proficiency, and this is a growing chunk of the market lenders can’t afford to miss out on.

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Topics: Mortgage compliance, Mortgage Lending, Lead Generation

3 Lesser-Known Referral Sources for Great Mortgage Leads

Posted by Matt Holmes

Mar 22, 2021 9:02:00 AM

Contrary to the volume we’ve experienced throughout the past year, the conventional take from industry experts is that the market will finally cool in 2021. Over the next year, The industry is expected to endure a 22% year-over-year decline in volumes- which means there may be a point in the near future where you'll have to dust off the lead-generation playbook. As a refresh, here are some great tactics that can grow your business through referrals.

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Topics: Mortgage Lending, Lead Generation

4 Ways to Generate Free Mortgage Leads Using Social Media

Posted by Matt Holmes

Oct 29, 2019 9:42:35 AM

You’ve probably heard it from countless lending professionals- Social Media is the next great way to help generate mortgage leads. And they’re right, but with the loan origination process costly enough as it is, how can you curate awesome social media leads without hurting your bottom line? While there may not be a ‘silver bullet’ solution, here are a few ways social media can help you generate mortgage leads for free:

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Topics: social media, Mortgage Lending, Lead Generation

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