Did you know that everytime you pull a credit report for a mortgage, that individual could receive many unsolicited calls from other lenders that very evening?
These unsolicited calls could lead to a potential loss in business for a mortgage originator.
Did you know there is a way to prevent this from happening?
By having your customer go out to optoutprescreen.com they can select to remove themselves from the onslaught of offers they may receive every time their credit is accessed for mortgage purposes.
The great thing about opoutprescreen.com is that the service is FREE. Your customer can select to remove themselves for 5 years by signing up through the website. Additionally they have the ability to mail in the Permanent Opt-Out Election Form to be removed from the list permanently.
If you would like to help your customer in the prevention of these solicitations, you can suggest they fill out to online form on the optoutprescreen.com website. It sometimes takes a few days for it to go into affect, so keep that in mind before you pull the initial credit report.
February 8, 2011 at 12:11 pm
I’ve received those calls. I especially like it when they claim I’m refinancing my home, but in reality I’m buying a home, not refinancing. You would think they would at least have some facts straight.
February 8, 2011 at 12:35 pm
Firms buying trigger leads is proof that there are still many bad apples remaining in the Mortgage Industry.
February 8, 2011 at 6:03 pm
Hey thanks for this post!! I didn’t know this, but this is a great piece of info I can pass along to my clients. I hope you don’t mind if I post this info on my site…Not copy, just provid the info. Ill give you a link back.
February 8, 2011 at 7:17 pm
@Christa- Please send it out! It’s all about sharing the love and the info here at AG!