Current Hot Transfer Mortgage Lead Criteria

While most other lead providers use information collected by the telemarketer to qualify lead criteria, we use the criteria information verified by loan officer after the transfer to qualify the lead. If loan officer does not verify information on lead sheet, criteria information provided by the telemarketer will be used to qualify the lead.

Borrower will meet the following criteria at the time of delivery or a credit will be issued:
	If you follow the provided scripting and acceptable sales practices*, prospect will be willing to speak to you about their mortgage details. (We can only guarantee this on the initial transfer.) $100,000 or higher new loan amount (average loan amounts for all states are below. All loan amounts include cash-out and/or debt consolidation) 85% or lower CLTV (margin of error +1%) Property value will be determined by the agreed upon value between the prospect and the LO on the initial call. If no agreement can be reached we will determine the value. The telemarketing process does not allow us to guarantee accurate property values. Not currently in bankruptcy or foreclosure. Not refinanced less than 6 months ago. (6 months or more qualifies) No mobile homes, construction loans, land contracts, commercial property.
	*Acceptable sales practices include being kind and courteous to the client and speaking to them intelligently about their loan situation. Asking the prospect "How can I help you?" is not an acceptable sales practice for a telemarketed call. If you aren't sure how to best handle a telemarketed call, please follow our provided scripting.
For interest rate, borrower's primary intent must match one of the following conditions:
	All prospects primarily interested in lowering their interest rate will have a current rate at least 1/2 point higher than the rates listed on Freddie Mac's Primary Mortgage Market Survey. We adjust our rates every friday. (The rates below are the current minimum rates for prospects primarily interested in lowering their rate.) For FIXED rate reduction refinance: Prospect's Rate will be 6.85 or higher. For ARM rate reduction refinance: Prospect's Rate will be 5.67 or higher. All Prospects primarily interested in converting the mortgage type qualify. (fixed to adjustable, adjustable to fixed, mortgage term) All Prospects primarily interested in obtaining cash out qualify. All Prospects primarily interested in consolidating debit qualify. (roll 2nd into new 1st, credit card or other debt)
Optional Insurance
	Optional FICO Score Insurance -- This option can be added to guarantee your leads will have a agreed upon FICO score when you pull their credit. Documentation may be required.
	Because our criteria allows some leads to be credited that could still be converted to loans. We reserve the right to call on any credited lead and transfer it to another customer or bill you for the lead if you are continuing to contact a lead that you did not pay for.

Average Loan Stats *These values are averages over the most popular states for the last 6 months. Although this data is based on actual leads delivered to our customers your results may vary.

State Average Balance Average Value Average LTV Alabama $152,833 $219,166 69.7% Arizona $192,843 $336,058 57.4% California $311,017 $531,423 58.5% Colorado $188,431 $324,072 58.1% Connecticut $252,181 $535,204 47.1% Delaware $198,703 $322,734 61.6% Florida $165,565 $293,399 56.4% Georgia $137,615 $223,579 61.6% Hawaii $294,727 $598,477 49.2% Illinois $194,122 $301,090 64.5% Indiana $129,389 $200,465 64.5% Iowa $89,388 $141,782 63.0% Kentucky $152,166 $226,045 67.3% Maryland $225,388 $390,274 57.8% Massachusetts $179,446 $350,940 51.1% Michigan $157,857 $227,935 69.3% Minnesota $229,700 $339,950 67.6% Missouri $140,074 $218,453 64.1% Nevada $212,375 $296,437 71.6% New Jersey $237,499 $405,200 58.6% New York $312,731 $498,370 62.8% North Carolina $139,461 $216,381 64.5% Ohio $114,500 $164,500 69.6% Oregon $177,340 $338,812 52.3% Pennsylvania $156,989 $270,531 58.0% South Carolina $148,308 $266,940 55.6% Tennessee $158,409 $218,727 72.4% Texas $128,907 $200,259 64.4% Utah $174,000 $278,222 62.5% Virginia $232,872 $374,897 62.1% Washington $192,717 $354,556 54.4% Washington DC $160,666 $374,500 42.9%

 

Current FHA Refinance Mortgage Lead Criteria

While most other lead providers use information collected by the telemarketer to qualify lead criteria, we use the criteria information verified by loan officer after the transfer to qualify the lead. If loan officer does not verify information on lead sheet, criteria information provided by the telemarketer will be used to qualify the lead.

Prospect will meet the following criteria at the time of delivery or a credit will be issued:
	If you follow the provided scripting and acceptable sales practices*, prospect will be willing to speak to you about their mortgage details. (We can only guarantee this on the initial transfer.) Loan amount meets the county loan limit restrictions (updated from HUD database) The subject property must have been owned and occupied by the Prospect as his or her principal residence for at least 12 months preceding the date of the loan application. Prospect has communicated that they can verify their annual income Prospect has stated that they have not been in Bankruptcy or Foreclosure in the last 3 years Prospect has stated they have no more than 1 mortgage late payment in the past 12 months and payments are not currently late. 95% or lower CLTV (includes cash out and / or debt consolidation, margin of error +1%) Property value will be determined by the agreed upon value between the prospect and the LO on the initial call. If no agreement can be reached we will determine the value. The telemarketing process does not allow us to guarantee accurate property values.
	*Acceptable sales practices include being kind and courteous to the client and speaking to them intelligently about their loan situation. Asking the prospect "How can I help you?" is not an acceptable sales practice for a telemarketed call. If you aren't sure how to best handle a telemarketed call, please follow our provided scripting.
For interest rate, Prospect's primary intent must match one of the following conditions:
	All prospects primarily interested in lowering their interest rate will have a current rate at least 3/4 point higher than the rates listed on Freddie Mac's Primary Mortgage Market Survey. We adjust our rates every friday. (The rates below are the current minimum rates for prospects primarily interested in lowering their rate.) For FIXED rate reduction refinance: Prospect's Rate will be 7.10 or higher. For ARM rate reduction refinance: Prospect's Rate will be 5.92 or higher. All Prospects primarily interested in converting the mortgage type qualify. (fixed to adjustable, adjustable to fixed, mortgage term) All Prospects primarily interested in obtaining cash out qualify. All Prospects primarily interested in consolidating debit qualify. (roll 2nd into new 1st, credit card or other debt)
	Because our criteria allows some leads to be credited that could still be converted to loans. We reserve the right to call on any credited lead and transfer it to another customer or bill you for the lead if you are continuing to contact a lead that you did not pay for.
Look-up Current FHA Loan Limit by Zip Code Enter Zip Code:

Current Reverse Mortgage Lead Criteria

While most other lead providers use information collected by the telemarketer to qualify lead criteria, we use the criteria information verified by loan officer after the transfer to qualify the lead. If loan officer does not verify information on lead sheet, criteria information provided by the telemarketer will be used to qualify the lead.

Borrower will meet the following criteria at the time of delivery or a credit will be issued:
	If you follow the provided scripting and acceptable sales practices*, prospect will be willing to speak to you about their mortgage details. (We can only guarantee this on the initial transfer.) Prospect must be age 62 or older. $100,000 or higher home value. Property must be prospects primary residence. 50% or lower LTV (margin of error +1%) determined by the prospects property value* or the county HECM limit whichever is lower. *Property value will be determined by the agreed upon value between the prospect and the LO on the initial call. If no agreement can be reached we will determine the value. The telemarketing process does not allow us to guarantee accurate property values. The prospect should be interested in one of the following: Eliminate existing mortgage payments Meet unexpected medical expenses Help grandchildren and loved ones Improve your quality of life Supplement social security income Make home improvements Buy a new car Reduce debt
	Look-up Current HECM value Limit by Zip Code Enter Zip Code:
	*Acceptable sales practices include being kind and courteous to the client and speaking to them intelligently about their financial situation. You may have to educate the prospect on the features and benefits of a reverse mortgage. Asking the prospect "How can I help you?" is not an acceptable sales practice for a telemarketed call. If you aren't sure how to best handle a telemarketed call, please follow our provided scripting.

Current Debt Lead Criteria

While most other lead providers use information collected by the telemarketer to qualify lead criteria, we use the criteria information verified by the debt specialist after the transfer to qualify the lead. If debt specialist does not verify information on lead sheet, criteria information provided by the telemarketer will be used to qualify the lead.

Prospect will meet the following criteria at the time of delivery or a credit will be issued:
	If you follow the provided scripting and acceptable sales practices*, prospect will be willing to speak to you about their debt details. (We can only guarantee this on the initial transfer.) $10,000 or higher unsecured debit. (CC debts + Medical bills + Unsecured personal loans) NO Student loans The prospect must be able to pay a minimum monthly payment of 2% of the debt amount.
	*Acceptable sales practices include being kind and courteous to the client and speaking to them intelligently about their debt situation. Asking the prospect "How can I help you?" is not an acceptable sales practice for a telemarketed call. If you aren't sure how to best handle a telemarketed call, please follow our provided scripting.

Current Credit Repair Lead Criteria

While most other lead providers use information collected by the telemarketer to qualify lead criteria, we use the criteria information verified by the credit repair specialist after the transfer to qualify the lead. If credit repair specialist does not verify information on lead sheet, criteria information provided by the telemarketer will be used to qualify the lead.

Prospect will meet the following criteria at the time of delivery or a credit will be issued:
	If you follow the provided scripting and acceptable sales practices*, prospect will be willing to speak to you about their credit details. (We can only guarantee this on the initial transfer.) Prospect will have mid FICO of 580 or lower. The telemarketing process does not allow us the ability to run the prospects credit before the transfer. When requesting a credit for credit score above criteria you must include some form of verification. Prospect will have a form of payment that can be used to pay for a credit pull. (credit card or debit card)
	*Acceptable sales practices include being kind and courteous to the client and speaking to them intelligently about their debt situation. Asking the prospect "How can I help you?" is not an acceptable sales practice for a telemarketed call. If you aren't sure how to best handle a telemarketed call, please follow our provided scripting.