I get a lot of questions about how to be successful with loan modifications. Of course, the first step is prospecting for the right customers–ones you can help. For this I suggest learning to filter for aged mortgage leads that fit the statistical characteristics of a homeowner on the highway to the danger zone.
However, some of the biggest challenges occur once you have the client in front of you or on the phone. This is when you have to structure a workout that the homeowner’s lender or servicer is likely to accept.
I found a great blog post on BlownMortgage.com on how to calculate Loan Modification DTI to improve your probability of structuring a successful loan workout.
Here is the introductory demo video:
Take a look at BlownMortgage.com for more information on this loan modification teaching program.
CALL 949-861-3122
Related posts:
- Loan Modifications, What is the Opportunity?
- Mortgage Loan Modifications, Sorting out the Noise
- Aged Leads Can be Your Best Source of Loan Modification Leads
- Marketing to Aged Mortgage Leads Could be Best Source of Loan Modification Prospects
- Why You Should Share Lead Performance Data, Even with Aged Lead Providers
Trackbacks/Pingbacks
[...] My own authoritative post on loan modification DTI calculations [...]