Comments on: Bombarded by Mortgage Offers? Mortgage Trigger Leads Should be Illegal! http://theatlantareport.com/2006/12/07/bombarded-by-mortgage-offers-mortgage-trigger-leads-should-be-illegal/ The Honest Truth About Atlanta Real Estate. Can You Handle It? Tue, 30 Sep 2008 23:56:17 +0000 http://wordpress.org/?v=2.0.5 by: Tim Maitski http://theatlantareport.com/2006/12/07/bombarded-by-mortgage-offers-mortgage-trigger-leads-should-be-illegal/#comment-9 Sat, 16 Dec 2006 16:33:11 +0000 http://theatlantareport.com/2006/12/07/bombarded-by-mortgage-offers-mortgage-trigger-leads-should-be-illegal/#comment-9 Thanks Brian, Yes, "fringe" is a nice way of putting it. Thanks Brian,

Yes, “fringe” is a nice way of putting it.

]]> by: Brian Brady http://theatlantareport.com/2006/12/07/bombarded-by-mortgage-offers-mortgage-trigger-leads-should-be-illegal/#comment-4 Thu, 07 Dec 2006 17:14:43 +0000 http://theatlantareport.com/2006/12/07/bombarded-by-mortgage-offers-mortgage-trigger-leads-should-be-illegal/#comment-4 Tim: Mortgage trigger leads are a really bad idea. I'll try to make a positive comment about them: A customer receives lots of calls from various mortgage companies when the "trigger" happens. At least a consumer will have access to a myriad of lending institutions to get competitive information. In reality, the originators who buy mortgage trigger leads are generally on the "fringe" of the business and don't have the experience to get a consumer good terms. They probably won't offer good financial advice. The best way for a consumer to get mortgage indormation is to get a referral from 1-3 trusted sources. Call those referrals and negotiate a "mortgage brokerage fee", then deal with whomever you feel has your best interests at heart. Tim:

Mortgage trigger leads are a really bad idea. I’ll try to make a positive comment about them: A customer receives lots of calls from various mortgage companies when the “trigger” happens. At least a consumer will have access to a myriad of lending institutions to get competitive information.

In reality, the originators who buy mortgage trigger leads are generally on the “fringe” of the business and don’t have the experience to get a consumer good terms. They probably won’t offer good financial advice.

The best way for a consumer to get mortgage indormation is to get a referral from 1-3 trusted sources. Call those referrals and negotiate a “mortgage brokerage fee”, then deal with whomever you feel has your best interests at heart.

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