Special offer

Mortgage Professionals -- How do you market yourself?

By
Mortgage and Lending with Columbia Bank

Ihave hit the ground running since the beginning of the year.  I try to get to as many networking events I can, selectively joined a couple charitable organizations that I really feel passionate about, and always keep a stack of business cards nearby.  I have contacted and met with Financial Planners, Real Estate Agents, Insurance Agents, and Title Companies.  My company doesn't do too much advertising, especially for residential mortgages so I have been meeting face-to-face and access my sphere to jump start 2008.  We all offer pretty much the same products and I have taken to heart the fact that we have to sell ourselves.  I try and learn something new everyday and constantly trying to perfect my craft. 

I wanted to blog to see what other people are doing around the nation.  How do you distinguish yourself?  Do you find a niche that you have more success with than others?

What drives you business?

Comments (4)

Joe Adams
Major Mortgage USA/Branch Manager - Montrose, CO
Casey, there is a nice little refi boom happening and maybe one of your title companys can help you compile a list of those that have 2 and 3 year arms.  A simple letter and a stamp and we get an extra batch of calls. 
Mar 20, 2008 06:07 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

 

Casey, I do a lot of cold calling on Realtor offices.  I also stop by at least three Open Houses every Sunday afternoon.  I put together a flyer with some loan scenarios on it, and I also give them a little paper bag with a bottle of water, candy bar, bag of pretzels, and an energy bar, I call it my survival package. 

This business is all about Realtor relationships to me, because I get at least 80% of my business from Realtor referrals. 

Mar 22, 2008 03:26 PM
Michael Albanese
Benchmark Lending / Albanese Financial Group - Forked River, NJ

It sounds like you are really hitting all the usual suspects. I have been doing the same and one area that I feel I may be focusing too much attention on is the realtors. Everybody is focusing on the realtors, the realtors don't know themselves how to generate business in this market.Most realtors have a ton of listings but not that many have buyers. One school of thought that is valid is " Buyers are sellers and sellers are buyers" you just have to hope they are buying in a state that you are licensed in.

One thing I have been doing is presentations for equity repositioning. I do it with a partner company who handles the investment side and picks up all the cost for event.

So far, so good

Apr 03, 2008 06:39 AM
Whitney y
Henderson, NV

GREAT IDEAS ESPECIALLY THE OPEN HOUSE IDEA

Jul 31, 2008 10:56 AM