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Question by bootleg_310: how do i find success in mortgage lending with freezing cold leads? i need advice!?
hey i just got my first mortgage lending job, and i just spent a week dialing away at the stacks of leads provided in the office.. the only problem is, the leads are internet inquiries anywhere between three months to a year old.. most people just refinanced, or did a while ago, and many people i speak with are pissed because were the 25th company to call them.. so out of about 1000(i counted) calls, ive gotten 6 applications, all of which are people who have already tried to refinance with bad credit, basically desperate. none of those apps are going anywhere.

is this a normal thing to deal with in the business? have you had success with old leads like this? should i tell my boss that he needs to get some fresh ones, or what? i feel like im spinning my wheels, and BTW i should mention, i didnt even see anyone produce any applications from those leads in the office i work in..

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Article by SeanH

Why would anybody need mortgage advice?

Once upon a time, getting a mortgage was a simple affair. You saved up your deposit and made an appointment with your Building Society Manager. Then you meekly and gratefully accepted what he (it was usually he) deigned to offer you.

Nowadays, things are very different. There are hundreds of lenders, offering literally thousands of different products of all shapes and sizes – and they are all competing for your business. Which is nice. But the effect is that trying to research the market on your own is a daunting and very confusing prospect. So it really does make sense to look for mortgage advice.

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The secrets to obtaining affordable bad credit mortgage loans even if you have had trouble in the past.

Just as the economy has suffered in the past several years, so has many consumer’s credit scores. Many individuals have lost their jobs, suffered pay cuts, or have fallen victim to another financial emergencies. This leaves many consumers in poor financial situations, feeling like they are unable to get a bad credit mortgage loan, in order to purchase a home.

Who Is Eligible For Bad Credit Loans?

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With homes at an all time low more Americans than ever are thinking about being first time home buyers. Finding the right home loan can be confusing. An online mortgage calculator can be a great tool for future home buyers to estimate the cost of their monthly mortgage payments. With a mortgage calculator the future home owner can estimate the costs and rates of interest for the different mortgage deals on the market. In this article I will give you some tips on how a home calculator works.

Find Free: Mortgage Calculator

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Buying a new home requires a lot of aspects to consider.  These would include your home equity, debt-to-income ratio, terms and varying interest rates. Let home loan equity mortgage calculators help you with your real estate concerns.

Home Equity:

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Refinancing your home simply means taking out a new mortgage in place of your existing one. The new loan will have to have more favorable terms than does your existing loan in order for it to make sense for you to refinance.

There are many reasons people choose to refinance their home mortgage, but primarily the reasons boil down to at least one of these three:

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I own my house that is worth about 250,000, and I owe 77000 on it. No other second mortgages. I know that given my very poor credit rating I can only seek the assistance of a subprime lender, but where do I go to find a reputable.

I had a 770 credit score, and i made a realy bad decission yesterday and bought a 2010 camaro SS. I know realize theres no way i will be able to afford the 700 dollar a month payments for the next 5 years. So i need advice. Can i just let it get repoed, or call the financing company and tell them i cant afford it?

If i go this route, what happens? I just have a descrepency on my credit report for the next 7 years?

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I need to consolidate so bad I can taste it. I have 3 credit cards.

Citi balance: $4,600
GNCU balance: $2,900
GNCU balance: $2,775

Total: $10,275

How can I get an unsecured consolidation loan for that amount? Or maybe even two for that amount? I’m in the mortgage business and things are so slow. I make these payments sporadically every month and it’s hard when I only get paid one time a month. (And it’s not a lot) What do you suggest?
I’m in the process of getting a higher paying job and working on the side selling on eBay because I know how to do that well. But I’m, just so broke I feel like I need to consolidate.