Mortgage lenders often rely on a customer relationship management (CRM) system to manage their existing customers. But mortgage CRM systems can also help you manage new leads. Here are five lead management strategies you can use a CRM platform to create and nurture new customer relationships. 1. Defining customer segments Who are your most valuable … Read more
Banks and lenders react to an increase in the Bank of England’s base rate in several ways. Some banks have already announced that they will increase mortgage rates in line with the rise in the prime rate. Others are still reviewing their pricing and may not make any changes until later this year. In general, … Read more
Written on July 4, 2023 by Ray Bolger In his statement to announce Charter Mortgage, the advisor said the changes he announced would be available to borrowers “with no questions asked.” The Bank of England and Financial Services Act 2016 says the Treasury may at any time make recommendations to the FCA on economic policy, … Read more
A fully committed mortgage customer will most likely recommend you to a friend. They will be more likely to return to you for future services. The tools in your CRM system can keep your customers engaged throughout the lending process. Here are five ways to use mortgage CRM systems to boost customer engagement. 1. Provide … Read more
A CRM platform can help more than your existing customers. It can also help you find new people. Mortgage CRM systems are changing the industry forever. Here’s how to leverage these tools to generate leads and grow your customer base. What are mortgage CRM systems? A CRM platform is a centralized way to engage your … Read more
Written by on June 26, 2023 Ray Bolger Jeremy Hunt has agreed three measures with lenders to help mortgage holders struggling with increased interest rates. A true agreement of this kind would not normally be made in a single meeting. So, I suspect this is a bit like Michael Gove’s “agreement” with the developers to … Read more
Artificial Intelligence (AI) is a rapidly growing tool in countless industries. And when you apply it carefully, it can potentially help your business grow. As with any technology, it is important to understand the benefits and risks associated with AI. Here is a quick look at the opportunities and challenges that artificial intelligence brings to … Read more
One of the main concerns is the expected increase in the base rate, which is scheduled to take place on June 22. Experts predict that over the next six months, we will see a rise in interest rates. This development is likely to lead to further market instability, necessitating careful consideration and planning for homeowners, … Read more
Artificial Intelligence (AI) is revolutionizing the mortgage industry. AI-powered tools can automate basic processes and make many areas more efficient. Artificial intelligence technology can also simplify the mortgage application process. If you are a mortgage broker, this can bring many benefits to you and your clients. Read on to find out the ways in which … Read more
June is National Home Ownership Month, and Silverton Mortgage, a leading direct mortgage lender, seeks to spread the message that homeownership is for everyone while helping this American dream come true. said Josh Moffitt, CEO of Silverton Mortgage. “As a company, we are committed to providing loans to families and helping everyone begin and complete … Read more