Mortgage News Blog publishes home loan articles for brokers, lenders and consumers. People trust our mortgage blog for breaking the financing stories that matter.
Finding a homeowner who qualifies for a refinance is ten times more difficult than it was just 3 years ago. According to Bryan Dornan, the
Lead Planet founder, “
Mortgage marketing has been difficult in 2010 for loan companies that focus solely on refinancing, because mortgage underwriting and lending guidelines have tightened to a very uncomfortable level.” A spokesman for the Lead Planet said
Purchase lead volumes rose 5.75% even though nationally home loan applications had come to a screeching halt. Lead Planet announced that their
refinance lead totals rose almost 20% last week. See the original article online >
Lead Planet Reports Big Jump in Mortgage Refinance Lead Volumes
Tags: Lead Planet
Leave a Comment