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Topic: Real Estate

7 Mortgage Marketing Tips for Loan Officers
By Ameen Kamadia
Nov 3, 2005, 17:08

It is my intention that these marketing tips will help you avoid common mistakes made

by the majority of loan officers. Heed this advice!

Mortgage Marketing Tip #1

Make your advertising and print media more effective by having a headline on

everything: letters, greeting cards, ads, everything.

Headlines are what get the reader. They make them want to read more. They tell the

reader what benefit he/she will get from reading more. And that's exactly what you want

them to do.

Make the headline powerful and include a benefit.

Examples:

3 things you can do today to improve your credit
Here's something you might enjoy…
I started thinking of you when I read this article…

Make sure to include a headline in all your media and it will increase your results.

Mortgage Marketing Tip #2

When you do something for a client, brag about it.

What I mean is, if you accomplish something, make it a big deal.'

"Mr. Hity, I was holding my breath for a while, and that collection on your credit

report made it real close, but I fought for you and got the lender to approve your

loan!"

That's a lot better than saying, "Hi, your loan was approved today. Congrats."

Make yourself out to be the valuable professional you are. Make sure that your clients

know exactly what you do for them.

Mortgage Marketing Tip #3

Write thank you notes to people everyday.

This one mortgage marketing tool can make you so much money your head will spin.

Everyone loves to be appreciated and acknowledged. Being nice and having manners are a

thing of the past. But when you take the time to thank someone, you connect to them on

deeper level.

Get yourself some thank you cards from the stationery store and thank people who did

something for you today. It could be for anything,

Thank your mailman for bringing the mail up to the office
Thank the underwriter for a speedy decision
Thank your client for calling to say they would be late
Thank the realtor for the referral.

These cards can make someone's day. And you really stand out from the crowd as a caring

mortgage professional when you use them.

Mortgage Marketing Tip #4

If someone answers your phone for you, have him or her use the following line.,

"He/she is working with a client right now, let me see if he can take the call."

This does a couple things,

1. Makes you seem busy even if you are not. This shows the client that you are in

demand and confirms that he made a good decision by choosing you.
2. Allows you to not talk to people you do not want to talk to
3. Allows you to say to the caller, if you pick up, that they are important enough to

you to interrupt an important client meeting.

This might not be a "traditional" mortgage-marketing tool, but it will make you more

desirable. And while it will not make the phone ring more, when it does, you will get

respect from those on the other end of the line.

Mortgage Marketing Tip #5

CANI

Constant and Never Ending Improvement
Do something everyday to improve your business. 1 small change everyday can make a huge

difference in a couple months. Implement one mortgage marketing tool at least once a

week. At least.

Over the course of a couple years, the results will be dramatic.

Just one small thing is enough. Examples are:
· Hanging a certificate of completion on the wall
· Hanging a testimonial on the wall
· Adding a signature to your emails
· Adding a small consumer article to your website
· Subscribing to The Millionaire Loan Officer Newsletter at

Mortgage Broker Training Newsletter
· Reading the FREE articles on mortgage broker marketing at

Mortgage Broker Training Mortgage Magic

Mortgage Marketing Tip #6

Look at other businesses for great ideas to adapt to your business

Most innovations come from other businesses.

Like the drive thru window. Who knows who started it, but fast food places use it,

banks use it, pharmacies use it, and even restaurants are experiencing success with it.

What new services do you use that make your life easier? Can you adapt these to your

business? How about emailing potential customers the interest rate everyday if they

request it? Or Providing a Post-Closing Kit with items clients will need when moving?

You can use the marketing tools from other businesses too. If you see a marketing piece

that really gets your attention, think about how to adapt it and use it in your

business.

Mortgage Marketing Tip #7

It doesn't matter how good a loan officer you are - if you suck at marketing, you will

starve.

Knowing how to get clients is infinitely more important than any other knowledge you

may attain.

Tony Robbins is not the best NLP trainer out there, but he is the richest because he

knows how to market himself.

The Men-Mars, Women-Venus guy is not the best marriage counselor out there, but he sure

made a killing in books, tapes, and seminars.

The best mortgage lending marketing tools are available at MortgageBrokerTraining.com's

Mortgage Bookstore.

How much money you make has very little correlation to how much you know. Of course you

must know the basics, but other than that, it makes very little difference at all.

He who markets best, makes the most money.

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