Loan Officers and Mortgage Brokers: Here’s a Great Way to Build Your Business

Hey loan officers, mortgage brokers, and bankers:  Did you know you can attract new customers by submitting loan quotes in Zillow Mortgage Marketplace? It’s pretty easy:

  • Borrowers create anonymous loan requests.
  • Lenders respond with unlimited quotes.
  • Borrowers review quotes, ratings, and profiles and then contact lenders.
  • Quoting is free — you pay only when borrowers contact you.

Since borrowers contact you (you don’t call them), Zillow contacts convert 9x greater than average industry leads.

But don’t just take our word for it…listen to what Patrick Nolan of Atlantic Pacific Mortgage Corp. has to say about Zillow Mortgage Marketplace:

“I started quoting on Zillow Mortgage Marketplace six or seven months ago, and I’m steadily converting 30-40% of every contact made through Zillow into a closed loan.  My contact rate has increased since Zillow began charging, as I expected it would, since fewer lenders are quoting. I’ve spent around $375 on fees and started six new loans with net revenues in excess of $10K, so the ROI can’t be beat as a lead source for connecting with consumers I otherwise would not be able to reach.”

In the past month alone, borrowers have submitted 50,000 loan requests through Zillow Mortgage Marketplace.  Zillow users are extremely qualified:  they have a median household income of more than $90,000 and above-average credit scores.

As an extra incentive, if you register to quote in Zillow Mortgage Marketplace, you may also qualify to enter Zillow’s “Gotta Quote to Close” Sweepstakes.  Just submit 500 quotes in Zillow Mortgage Marketplace between Feb. 1 and Feb. 28, 2010 , and your name will be automatically entered into a drawing to win a $1,000 Amazon gift card. (Entries are subject to Sweepstakes rules.)

Register today. Or, for more info, contact us at 1-877-661-3171 or [email protected].