Mortgage Brokers Benefit From Our Referral System

Providing mortgage services is challenging in today’s economy.  As a mortgage broker, your goal is to match consumers with the right loan to fit their needs.  In an ideal world, you would be able to give a client whatever they want, you would make your commission and the lender would get paid on time. Obtaining loan approval for a mortgage is only simple if clients have money in the bank, a great credit score, an excellent credit history and proof of continual income.  Right now lending standards are strict, especially to sub-prime borrowers.  So how can a mortgage broker be part of the solution? Instead of playing the role of the middle man, you can suggest loan approval.

Let’s face it, mortgage brokers are people who are going to work every day and need a paycheck.   Their time is used to pull credit reports, process applications and communicate with lenders. All this effort is put in for nothing since the majority of applicants cannot meet the requirements needed for loan approval. All this time, effort and expertise- to just reject an applicant? No one is happy; not the lender, applicant or broker. There is a missing piece to this process that is now necessary because of what has taken place in this country.

The demand for credit repair is serious.  Lenders want higher scores and a credit history that represents stability, applicants don’t need high interest rates, they need help! Brokers can now suggest credit repair to applicants and be part of the solution for loan approval. This referral signifies great customer service, an understanding of the current economy and will return business to you with a chance to get that application approved and make your commission. Referring a client to ICC is far more productive then entering into a loan approval process resulting in no loan, no commission and wasted time. Brokers can now use their time wisely!

Refer a client to ICC, receive positive brand reinforcement, help your client, get them approved and improve your production.

Be of service to your customers, get them what they need and then what they want the right way through ICC.