MORTGAGE MAILING LISTS: THE WAY TO REACH NEW CLIENTS

2007-03-08 10:33:40

( Financial )



Mortgage companies and its brokers are continuously searching for customers. Its growth is supported by continuous accumulation of markets. Mortgage mailing lists are database of the names of people who can be potential clients for mortgage products. Database management companies compile mortgage mailing list for reselling to mortgage companies and its brokers. The list is grouped into categories of people that needs specific mortgage products.

Mortgage mailing lists maintenance requires constant updating of data particularly on the contact numbers and addresses of people in the list. It is a tedious task to constantly monitor whether the people in the list still qualify in the categories they are initially put in.

Brokers utilize mortgage mailing list in different ways. Some brokers use the list to offer mortgage products to individuals through phone marketing. While some use the mortgage mailing list to send out marketing materials and mortgage application invites through postal or electronic mails. Some even go to the extent of conducting personal visits to the people in the list for product introduction.

Mortgage mailing lists database have simplified the marketing works of brokers and financial companies. Instead of endlessly looking for clients, the database companies can be hired to provide the names and contact information of potential clients. The process of customer prospecting become simpler and systematic since the mortgage mailing list indicates what type of product(s) the clients needs based on its category in the mortgage mailing list.

Sources of information for mortgage mailing lists are varied. Credit reporting agencies, government agencies, credit card agencies, retail establishments and private associations are tap by database companies to incorporate data in the mortgage mailing list. Database companies can create mortgage mailing list from these institutions for new homeowners, under banked households, problem mortgages, mortgage note buyers, equity mortgage, repayment mortgage, and mortgage refinance.

Financial institutions and brokers can directly coordinate with these institutions to create a mortgage mailing list for its personal use. It will forego costs associated with hiring a database company. This will provide opportunity for these companies to immerse itself in its prospective markets and understand its varied needs for mortgage products.


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