NICHES THAT BRING YOU RICHES – PRE-NOTICE OF DEFAULT TAMERA ARAGON
When buying a list, consider these para-
Lists types to consider asking for when
meters to be included in your report:
buying leads for Pre-Notice of Default
niche:
•
Homeowner type
•
Income Level
•
Age
•
Race
•
Length of time in property
•
# of months behind on payments
•
Loan type
•
Interest Rate
•
Fico score modeled / actual
•
Mortgage amount
•
Home value
•
Mortgage date
•
Lender name
•
Lender type
•
Loan to value %
•
Revolving debt load
•
Trade lines borrowed
•
Phone Numbers
•
Geographic locations
•
State, county, zip code, area code, city
•
Customized data delivery to you
TRIGGER DATA
Mortgage trigger leads are hard inquiries into a
person’s credit report generated daily. These
consumers have just had their credit checked within
the past 7 days, specifically for a mortgage loan
approval.
Mortgage trigger data is one of the most sought
after data products in the mortgage origination
industry. They allow you to target prospects that
have already shown an interest in completing a
mortgage transaction.
The problem is that the pricing structure in most
cases is such that only the larger companies can
afford to take advantage of this product. Vendors
have typically required buyers to make large
monthly commitments, often tens of thousands of
dollars, in order to be able to purchase this data.