Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Economic News

Apply for Mortgage, Get Telemarketed!

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.

Advertisement. Scroll to continue reading.

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.

Written By

Realty Reality! That describes Fred, a sharp witted and outspoken realist for the mortgage and real estate world who has appeared on CNBC and NPR's Marketplace along with being quoted in the New York Times, The Wall Street Journal and other media outlets. Fred is the CEO of U S Spaces, Inc/Arrivva (a real estate brokerage firm in PA, NJ, DE and CA) and U S Loans Mortgage Inc (mortgage brokerage in PA, CA, FL and VA), and serves on the Board of Directors and is the Federal Legislative Director for the UpFront Mortgage Brokers. Fred is also the co-creator of real estate startup Rentscoper.com, a mathematically driven rental search engine. See everything Fred at fredglick.com.

14 Comments

14 Comments

  1. Eric Hempler

    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.

  2. Matt Kelly

    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.

  3. Christa Borellini

    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.
    thanks again!

    • Fred Glick

      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!

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.