Mortgage Lead Vault » California Mortgage News

California Mortgage Leads Report

Mortgage Lead Guy — Wed, 11 Aug 2010 22:17:40 +0000

Most banklers and loan officers will won’t be shy about telling you that working California mortgage leads is more challenging then it has been it past years. Nationwide reported that San Diego mortgage rates were lower for VA and FHA loans. The Lead Planet, a San Diego based mortgage lead generation company indicated last week that the volume for California mortgage leads was up 20% in July. The mortgage lead generator also reported that California mortgage refinance leads were up nearly 13% from the previous month and that California purchase leads were up over 8% from the previous month totals. Over the last ten years, California refinance leads have been the most popular lead requested by loan companies in all 50 states. by Many brokers have been resistant to work with California purchase leads in the past, but mortgage refinance leads are so difficult to qualify for that lending companies are becoming much more open minded to work with new home buyers.

The Mortgage Lead Vault offers a wide variety of loan leads in all 50 states. Presently our inventory of California mortgage leads is the highest in the nation. We also have a high volume of Virginia, Florida and Texas mortgage leads. Loan companies can select from same-day, live mortgage leads. We also offer aged mortgage leads and loan modification leads for companies looking for a fresh mortgage marketing strategy.

Choose the following California Mortgage Lead Filters > California Refinance Leads> Purchase Leads in California

> California Jumbo Leads

> FHA Leads in California

> California VA Leads

> California Loan Mod Leads

Mortgage lenders and brokers have had a difficult time working California leads because so many homeowners are under-water. Top loan originator Beau Hollingsworth who works for iServe Lending, a direct mortgage lender who is headquarters reside in San Diego California, said, “I have been originating home loans in California for over a decade now and I have never seen so many good borrowers under-water with their mortgage.” Hollingsworth continued, “We have access to government programs like the Home Affordable Refinance Program, but so many homeowners do not meet all of Fannie Mae or Freddie Mac’s guidelines.” The experienced mortgage executive said that she likes working with California mortgage leads, because she really feels for the West Coast borrowers and she well-versed on the state real estate laws, in addition to the licensing she has obtained.

Rumor has it that HUD is rolling out the FHA short refinance program nationally and this may really help loan companies originating in California because so many loan applicants are coming up short on home value that is preventing them from qualifying for traditional home refinance programs.

Lead Planet Announces Mortgage Lead Generation Incentives

Mortgage Lead Guy — Mon, 05 Apr 2010 18:55:13 +0000

The San Diego based mortgage lead company, Lead Planet announced Monday that the company was rolling out new incentives for companies seeking advanced mortgage lead generation services. The lead generation company provides internet mortgage leads to banks, mortgage lender and brokers nationally. The Lead Planet has been selling exclusive leads and generating mortgage leads online organically for over a decade. Now the lead company has partnered with Nationwide Marketing in an effort to extend their services to include mortgage SEO, mortgage marketing and web development for mortgage, real estate and debt relief companies.

Trusted Mortgage Lead Company

Mortgage Lead Guy — Tue, 05 Jan 2010 06:51:02 +0000

Internet mortgage leads remain the life-blood of most small to mid-sized mortgage shops. Exclusive mortgage leads remain a hot commodity with mortgage lenders nationally. Over the years, the Mortgage Lead Vault has become a trusted mortgage lead company that delivers hundreds of fresh leads daily. With our proprietary lead generation websites loan applicants are matched with brokers and lenders that are prepared to compete for their mortgage business. Mortgage lead buyers can create filters for a variety of mortgage leads, such as, conventional leads, FHA leads, home purchase leads and mortgage refinance leads. We offer cheap mortgage leads for lending companies seeking a discount on vintage mortgage leads. These companies must also commit to buying leads in bulk to get the discounted leads. Comparing the leads sold by state, MLV says that California mortgage leads, New York mortgage leads and Texas mortgage leads remain the most sought after states.

Call 619-600-5720 for a Free mortgage lead consultation.

Mortgage Rates Decline but Demand for Mortgage Leads Rises

Mortgage Lead Guy — Mon, 06 Jul 2009 16:17:35 +0000

According to Southern California mortgage brokers, the average interest rate on a thirty-year mortgage loan with a fixed rate dropped last week back down to the 5% range. Mortgage rates declined down from the 5.25% to 5.5% range last month as the U.S. unemployment rate hit 9.5%. Lead Executive, Dan Ambrose of the Lead Planet, a direct mortgage lead provider that specializes in high quality internet leads, said that, ”The demand for mortgage and loan modification leads increases every time the rates decline in the marketplace for consumers.”

A soft economy means investors buy U.S. Treasuries for their safety, which drags down their yields and indirectly leads to lower fixed mortgage rates. California borrowers with good credit today can get a 30-year conforming, VA, or FHA mortgage as low as 4.875% with 0.625-point fee, said Jeff Lazerson, head of online brokerage Mortgage Grader in Laguna Niguel. That’s for “conventional” loans up to $417,000 that can be sold to Fannie Mae or Freddie Mac. In most cases, these mortgage loans carry the lowest rates on the mortgage market. “Interest rates are lower because putting lipstick on a pig only works until you take a closer look…it’s still a pig,” Lazerson said. “In other words, the government and the Wall Street gatekeepers have been hyping that the economy is getting better. It’s not getting better. Some say, California consumers aren’t spending because they are worried about their jobs, if they haven’t already lost their jobs.”