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As you know, the mortgage industry as a whole has many mortgage brokers and lenders slow and struggling to make a living within the profession. This is not true with our client base.
TruClose Financial Services, a leading title insurance, settlement and appraisal services company headquartered in Pittsburgh, instilled a lead generation program in late 2006 for their client base. Originally, this program was started to boost our own business as well as our loyal clients' range of business with each client receiving a portion of the 300 to 400 leads we generated each month. The idea was to place title in our clients' hands to order, as we are paid the same way as you - only when a loan closes.
Today, TruClose's lead generation services are 50+ web sites strong and reaching near 10,000 leads per month Nationwide!! These leads have about a 25% application rate as well as nearly a 10% pull through closing rate.
We just ask that all title derived from our loans are sent to us and that we have a relationship with you in closing a portion of your own generated business. It's a complete win / win for both sides. I would imagine we can add 20-30 closings a month to your pipeline which I would believe to be more profitable than any joint venture in place today. Also, our lead program is completely RESPA compliant for we attach a $0.25 fee to each lead.
We also are able to offer live transfer leads at only $10.99!
There is absolutely no better title insurance company to work with. Ask yourself if your current title company does the following:
1. Are able to increase 2X or even by 3X your loan closing production on a monthly basis at nearly no cost to you. Can your JV or ABA produce these revenues for you?
2. Are able to close loans in all 50 States.
3. Front appraisal fees in which the title and appraisal are ordered through us and list the fee on the settlement statement allowing your borrowers no up front costs to utilize your services.
4. Have the lowest fees in the country allowing you to retain more money under your 4% or 5% lender cap.
5. Have same day - 24 hour turn around time on all refinances, 24-48 on all purchases and are generally clear to close on all loans, purchase or refinances within 96 hours, with all payoffs and tax certifications.
6. Have the lowest fees on commercial appraisals and commercial title fees.
Please be in contact if you are looking to become a mainstay in the mortgage and real estate market and boost your business in these difficult times.
Sincerely,
Megan Kuniansky
TruClose Financial Services, LLC
mkuniansky@besstitle.com
(850) 591-2684
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