Get a No Hassle Quote for First Time Home Buyer Leads from one of our Experienced Account Executives.
As challenging as the recent upheavals in the real estate market have been for borrowers, they have not been easy for mortgage companies or lenders, either!
Now that the housing bubble has burst, there are signs things may be recovering. The real estate markets in Texas, California, New York, Florida, and in Pennsylvania have all had some promising developments.
Fewer lien holders are underwater, and business models need to change as the emergency fades. There is no "one size fits all" solution to grow revenue for mortgage companies, but a new road to profit may be on the horizon. Many banks and lending sources have rolled out new programs to promote home buying and homeownership in general. This has made leads for 1st time home buyer prospects more attractive than in previous years. It’s no secret that the demand for real estate buyer leads is soaring in 2017 as Millennials are entering the marketplace.
Since Donald Trump was elected we have seen a surge in new house buying activity even though interest rates have been inching up. Many mortgage brokers are seeking to buy first time home buyer leads in higher volumes than ever before.
First-time home buyers may be the most motivated of anyone in the real estate industry. As the housing bubble burst, Americans from all walks of life have become aware of important details of real estate, such as interest rates, which they knew less about before.
There is a much greater public consciousness of the growing interest rate than at any other time in the history of U.S. real estate. To prosper under the new market conditions, real estate firms need to take the initiative and find new ways to help people. With multiple benefits such as record low rates, tax deductibility and aggressive down-payment assistance programs, more and more mortgage companies are seeking first time home buyer leads.
Whether talking about a single family or a single dad, people in America are united by a strong desire to get their own home. With the changes in the market, they are also more likely than they were five years ago to believe that buying a home is within their reach.
First time home buyers have always been a part of the housing market, but many realtors and lenders don't always actively pursue them in the way that they do other leads. Over the next several years, that's likely to change as real estate buyer leads begin to increase in importance and in frequency.
Taking a look at why this segment of the market is set to explode is well worth doing, and should help shed a bit of light on just why it's worth considering buying first time home buyer leads.
There might have been a time when first time home buyers ended up wasting a lender or realtor's time, but those days are gone. Today it's much easier for these first time homeowners to secure a mortgage and move into their dream home, and as a result it's becoming far more important to think about targeting that segment of the market. In short, buying first tie home buyer leads is something that industry professionals are beginning to pay attention to, and something that you might need to look into as well. If you want to jump-start your loan business consider buying some mortgage leads targeting 1st time home buyers in the states you are licensed in.
Mortgage companies are finding great ways to generate interest and business using first time home buyer leads. Mortgage leads for people buying their first house may be the leads most likely to convert into purchases.
Leads from consumers searching for mortgage lenders online are superior to many other purchase leads – they represent "red hot" buyers. These buyers are often trying to take action right away, and only need information on the next steps. That's why 1st time home buyer leads remain the most requested purchase money marketing request. Find out why so many brokers have become HUD-approved in 2017. FHA-loan leads continue to outperform Fannie and Freddie leads.
First-time home buyers are generally concerned about these topics:
The FHA home mortgage program provides clear answers to each question. The program is designed with the needs of first-time home buyers in mind, and provides resources to help those who may have had financial struggles in the past.
Mortgage companies around the United States are building their influence in the FHA home buyer market by making their loan processes easy and approachable.
Over the next few years, FHA financing may make up the fastest growing category of home loans. The key to sustained, long-term profit is appealing to potential FHA borrowers – beginning today!
Mortgage Loan Leads
Exclusive Mortgage Leads
Please note that LeadPlanet.com does not offer house mortgages. LeadPlanet.com is not a bank, broker or mortgage lender. We do not hold ourselves out as being able to assist a person in obtaining a residential mortgage loan in MN or any other state. LeadPlanet.com is a website that provides information about financing for first time buyers and services that connect people to experienced mortgage lenders, brokers and banks. We do not offer home loans directly or indirectly through representatives or agents.
© 1999-Present, LeadPlanet.com, Lead Planet Company
All rights reserved 888-271-9581 Find out why we are considered trusted leaders for internet mortgage leads.