Finding FHA Mortgage Leads Without Tons of Cash

Posted on | October 15, 2010 | No Comments

One of the most asked questions is how to find ways to get FHA mortgage leads with out spending a lot of money . Over the last few months , one of the best questions that is often asked is “How can I attract money prospects without involving local Realtor and agents in the referrals process.” as mortgage rates move around and the refinance applications continue to decline, a solid system for generating purchase leads is a must to ensure your survival.

The following idea can generate a huge number of qualified mortgage leads for you. There’s no begging for leads involved and delivering donuts and rate sheets are not a requirement. What is required to make the system work for you is some initiative on your part, coupled with a little today’s technology.

The technology you’ll need is called a “call capture” system. In case you’re unfamiliar with “call capture,” it’s simply a toll-free number system that you dedicate to your personal mortgage advertising. The toll-free number captures every single phone number that dials your toll-free number. This includes unlisted, blocked, and cell phone numbers. Plus, if the number is listed in a directory you’ll also receive the name and address of the caller. A great by-product of this system is that even if your prospect hangs up before finishing his/her request…their phone number is still captured giving you the capability of following-up.

Usually, “call capture” companies and marketing programs recommend that you give the toll-free number to a Realtor or a Agent and allow them use the system to capture leads via their property listings. Since you are the mortgage person of choice…you have full access to the leads as well. The problem with using the “call capture” in this manner is that it doesn’t work if you’re new to the business or haven’t established a good working relationship with a Realtor or a agent. There are other ways to find the leads that you are looking for, but this is one of the ways to find good leads with out spending a lot of cash.

Using “call capture” to distribute free reports is different. It cuts the Realtor/Agent out of the equation. The best part is that all of the leads you generate are exclusively yours.

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