Realtor Referrals - Mortgage Marketing Strategies That Work

Realtor Referrals - Mortgage Marketing Strategies That Work
Realtor referral business is a great way for mortgage
professionals to really make a lot of money. A realtor
referral is one where a real estate agent partners up with
a mortgage professional in order to get access to his
clients. The realtor gets his clients approved and may even
get a kick back while the mortgage professional will get a
consistent flow of leads.

In today's market, these referrals are incredibly important
for many. Not that long ago, mortgage professionals had all
the business they could handle with refinances. That was in
a market with tumbling interest rates. Like all markets,
though, that one eventually adjusted and today we are back
in a more traditional market. So the refinance market is
down a little, but there is still plenty of fruit to be
picked by the right mortgage pro.

Now, though, there are millions of people around the
country who are in the market to buy a home. Home buyers
may not be as easy as refinancers, but they can certainly
be lucrative to you. That is where your relationship with
the right mortgage professional comes in handy.

Why Would They Do It

You may not realize it, but there are realtors all over the
place that need your help. You see, most mortgage
professionals think that they need the realtors, but the
truth is that you can find realtors who need you. Isn't
that the situation that makes more sense when it comes to
ease of life for you? The key to cashing in on that
situation is finding a system that will help you form
multiple partnerships with multiple realtors that will feed
you business.

On your end, you have to be able to offer the realtor
something, so you should continue to think about that. What
can you give realtors that other mortgage originators
cannot? You can offer them anything, but it has to be of
value to a realtor and make sending you business worth
their time.

How it Helps You

When you partner up with a realtor, you are getting
business without really doing any work. Your partner
realtor is like a walking advertisement for you that
funnels leads your way. There is no cold calling, no follow
up with former clients, and no sitting and waiting and
hoping that someone who needs a mortgage saw your flyer.

If you can get a referral business going with a realtor or
a slew of realtors, then there is never a worry again about
how you are going to get another lead. Additionally,
interest rates are no longer a concern to you. You will be
spending your time changing renters into buyers and sellers
into bigger buyers. That's all because you hooked up with a
real estate agent.

Common Practice

The reason you have to find a system is that there are
literally hundreds of thousands of agents paired up with
mortgage originators. Without a good system to use, you may
have trouble finding partners or yourself may feel like you
are drowning in a saturated market. The right system,
though, can help you find realtors you can trust and ones
who can help you grow your business. In addition, you will
be helping them increase their closing rate.

So before you make one more cold call and before you think
about one more set of flyers on the doors of an apartment
complex, you should start looking for a system that works.
Look for someone who can help you partner up with realtors
and turn renters into buyers. When you can do those things,
then you can accomplish most anything you want in the
mortgage business.

As you can see, there are many reasons to build your
referral business with real estate agents. With the right
agents at your side, you will never have to worry about
lead and thus about money again. So get out there on the
internet, on the phone, or through other resources and look
for the partnership resource program that will help you
turn your mortgage business into a booming industry.

----------------------------------------------------
Shane Brooks is a hard nosed business man that doesn't take
kindly to competition. His hard hitting no nonsense
marketing techniques constantly makes waves for his
competitors regardless of the market he is focusing on.
Shane doesn't mind stepping on the toes of his competitors
or ruffeling a a few feathers of the so-called gurus in
order to level the playing field. For more info please
visit http://www.MortgageSuccessBlueprint.com

New Study Reveals Rise In Financial Confidence

New Study Reveals Rise In Financial Confidence
Britons' faith in their financial situation is improving,
new figures reveal.

In a study released by GfK NOP earlier today, the Consumer
Confidence Index score increased by two points over the
course of August to now stand at -4. Research from the
financial services firm revealed that the climate among
members of the public to make major purchases returned to a
positive score over the duration of this month. Increasing
by six points, the score now stands at +4 and was reported
to have driven the general rise in Britons' consumer
confidence - however, this is still three points down from
the same time last year.

Meanwhile, the savings index, which judges people's
propensity to set money aside for a rainy day, was said to
be at a record level. Currently standing at +42, it is the
highest level noted since the late 1980s and is some 12
points above figures noted in August 2006.

Over the month, the index measuring changes in consumers'
views on their personal financial situation, which may
include their ability to put money into savings accounts
and pay off loans, rose to +2 - some two points higher than
the study noted when it was carried out during the same
month in 2006.

However, a slight fall was recorded in the public's
optimism about their monetary situation over the next 12
months. Although a decrease of one was noted from July
statistics to a present level of +12, this figure was still
reported to be higher than the index recorded in August
2006. In addition, a fall was recorded in expectations over
Britain's general economic situation in the coming year.
The second consecutive decrease, this index now stands at
-15. Meanwhile findings from GfK NOP showed that consumers'
measure about Britain's general economic situation during
the past year stayed consistent at -25.

Remarking the findings, Rachael Joy from the financial
services firm's consumer confidence team said: "Consumers
this month have a renewed confidence in the major purchase
index with an increase of six points. This August they also
appear happier about the economy in general compared to
this time last year, which could be a reflection of lower
inflation rates, a buoyant housing market and good savings
rates being offered. Next month it will be interesting to
see if consumers continue with this upbeat attitude, or if
the threat of more interest rate increases, more rain and
an unstable US market begin to take their toll."

And with elements of the GfK NOP study revealing some
concern about consumers' financial outlook, those worried
about managing their finances could be well advised to take
out a debt consolidation loan to rein in their monthly
outgoings. Earlier this month, Adrian Kidd, a spokesperson
for Mint Financial Services, claimed that getting such a
loan could be a much better option than running up debts
owed on various credit cards. However, he warned Britons to
cut up their cards immediately so as to avoid the
temptation of going into the red once again, otherwise they
"never really make any progress".

----------------------------------------------------
Abbi Rouse writes for All About Loans where visitors can
apply online for cheap loans. We also specialise in bad
credit loans, and debt consolidation loans. Visit Today:
http://www.allaboutloans.co.uk

Forecasting in the Forex Trading Market

Forecasting in the Forex Trading Market
Forex, also known as the foreign exchange market is the
busiest financial market that boasts of over $1.5 trillion
worth dealings in a day. Although this market has no
physical location, it operates efficiently through an
extensive network of banks and corporations. The Forex
market is far more volatile than the traditional market and
relies heavily on speculation. Forex currency trading can
be very lucrative for those who understand the importance
of "timing a trade" and are willing to stake long hours in
research and market study. As a Forex trader, you should be
able to forecast Forex trends for successful trading.
Forecasting is one of the most crucial aspects of Forex
trading and if you are able to predict market trends well,
you can save yourself from financial disasters. For
forecasting Forex trends successfully, you need to look
into various details such as historical trends, past
performances, and market movements.

Financial experts depend on technical and fundamental
analysis to study current trends and predict future trends.
Existing data and facts can be used to forecast the
movement of the economy and the stock market and how this
would impact individual securities. Financial analysts
apply several methods to forecast the foreign currency
market that include the most popular methods namely,
technical analysis and fundamental analysis. These methods
are commonly used to understand how the foreign currency
exchange market operates and how even the slightest
fluctuations influence currency rates and subsequently the
whole currency trade. Both these methods are entirely
different from one another but serve one common purpose -
Forecasting Forex trade. As you understand how technical
and fundamental analysis can help in forecasting, you will
be able to combine the two for better forecast and more
lucrative trade.

Technical analysis relies on past performances that are
indicated through charts and graphs compiled on the basis
of past Forex market movements. These movements are nothing
but major events that occurred in the past and how they
affected the currency rates. Experienced Forex traders and
brokers greatly depend on technical analysis, as it is
drawn from actual figures and trends in the Forex market.
For effective technical analysis, you need to understand
how past performances, current events, and changing
currency prices influence the market action and therefore
need to take into account the supply and demand as well.
Financial experts believe that the price movements
generally repeat in a particular pattern over a period of
time. As a Forex trader, you need to study and understand
these patterns well in order to forecast successfully. When
looking at the past performances for technical analysis,
you must divide your study into five main categories
namely; number theory, indicators, gaps, waves, and trends.

Fundamental analysis is another important method for
forecasting in the Forex market and forecast is based on
events that have not yet occurred. You can forecast price
movements by taking into account number of factors that
include environmental factors, political changes and
natural disasters. These factors greatly affect supply and
demand in the market and eventually influence price of
currency. Although the fundamental approach is quite
effective, it cannot rely on it alone to predict in the
Forex market. Experts combine this analysis with technical
analysis to predict accurately and expect changes in the
currency exchange trade.

If you are keen on investing your money in the Forex
market, a basic understanding of how the Forex currency
trading system functions is crucial. This will help you to
predict which direction the currency trends will move and
how you can use this information to maximize profits. If
you are not familiar with the way the Forex market
operates, you may consult with an expert Forex broker who
can take off the burden and advise you about Forex trading
and planning entries and exits effectively.

----------------------------------------------------
Andrew Daigle is the owner, creator and author of many
successful websites including ForexBoost at
http://www.ForexBoost.com and CashCurve at
http://www.cashcurve.com , a site for learning about many
online business opportunities.

Is There a Chase Credit Card in your Wallet?

Is There a Chase Credit Card in your Wallet?
Do you have a Chase credit card in your wallet? You might,
without even realizing it. Chase is one of the biggest
names in the credit card industry and they literally offer
a credit card for everyone. If you don't have a Chase
credit card in your wallet, you don't know what you're
missing. Here are five of the most popular Chase credit
cards out there.

1. The Amazon.com Card

Love it or hate it, you have to admit there are deals to be
had on Amazon.com. I will freely admit I'm addicted to the
site and I don't mind saying that I want to be rewarded for
the multiple purchases I make there each month (yes, each
month). That's why I personally carry this particular Chase
credit card.

What does the Amazon.com card offer me? Three points for
every dollar I spend at Amazon.com and then 1 point for
every dollar spent elsewhere. Then I can turn those points
into Amazon.com gift certificates and get some of my
purchases for free.

2. Disney Rewards Visa

The Disney Rewards Visa is another popular Chase credit
card and it's one my mother-in-law carries regularly. She
charges all of her purchases on it (paying them off in full
every month of course) and then uses the rewards from the
card to fund a portion of her Disney World vacations.

3. The BP Card

The BP Card is the perfect Chase credit card for anyone
who's serious about saving money on gas purchases. After
all, gasoline has become a big budget killer. This
particular Chase credit card will earn you rebates of 5
percent whenever you use the card at a BP. That's a five
percent gas rebate. That's like taking your gas prices from
$2.99 per gallon to $2.84 per gallon. Who can argue with
that?

4. Student Credit Cards

If you attend a major university, chances are there's a
Chase credit card designed specifically for you. Names like
Duke, Ball, California State, Harvard, NC State, University
of Chicago and dozens more all have their own Chase credit
card designed for students. It's not only a great financial
tool for newbie cardholders, but it's a great way to show
school spirit.

5. Charitable Organization Credit Cards

If you think the best rewards are to be had from giving to
others, then a charitable Chase credit card may be for you.
With every purchase you make on these cards, a percentage
of the total is donated to the charity sponsored by the
card. Organizations like the ASPCA, Best Friends Animal
Sanctuary, The First Responders Foundation and the National
WE CARE Foundation all have a Chase credit card behind them.

As you can see, there's no lack of Chase credit cards
available. No matter what your needs or preferences are,
there's a Chase credit card to suit your needs perfectly.

----------------------------------------------------
For more tips on credit cards, saving money and avoiding
getting taken, check out CreditCardTipsEtc.com, a website
that specializes in providing credit card tips, advice and
resources.
http://www.creditcardtipsetc.com

The Top 4 Benefits of Managed Forex Accounts

The Top 4 Benefits of Managed Forex Accounts
Have you spent countless hours anylizing Forex charts, only
to come away more confused than you were when you started.
I would be willing to bet that the answer to this question
in most cases is "Yes". The problem most people run into is
simple: Trading Forex is extremely difficult.

The accepted ratio of winners to losers in the Forex market
is anywhere from 5 to 10% (however in my opinion the actual
numbers are probably a lot less). This fact alone is a
primary factor in the rising interest of individuals
opening managed Forex accounts. Let's take a look at some
of the benefits of managed Forex and what it takes to be a
professional trader.

Trading currencies requires so much of an individual, sure
it requires proper education and in most cases years of
"paying ones dues" (losing money). I'd say 9 out of 10 of
todays absolute best professional Forex traders have
suffered serious loss in the beginning of their careers.
When I say serious loss I don't mean blowing out a $5,000
dollar account, many of todays top traders have spent
Hundreds of thousands in order to aquire the skills of a
professional trader; it's the cost many have paid while
learning the ropes. Are you willing to suffer the same
loses in order to learn the ropes yourself. If not you may
want to take advantage of the skills these individuals have
already aquired and the pain they have suffered in order to
become the worlds best. The saying "it's not what you know
it's who you know" could never have been more true.

Trading with a professional Forex account manager will
offer you many positive benefits. Let's take a look at what
some of these benefits are and how they play a vital role
in your financial success.

1. Spending money on courses, books and seminars is often a
cost associated with learning to profit in Forex. When you
open a managed Forex account with a professional, these
expenses have already been paid for by the trader years
ago. After factoring in the cost of professional Forex
coaching, which can range anywhere from $250/hr to
$2,000/hr and up, the benefits are obvious. Your
professional trader has spent a lot of money in order to
provide you with a service which you both have the
opportunity to profit from.

2. Trading on a demo account may give you enough confidence
to trade your funds in a real account, only to realize that
demo trading and live account trading are two different
worlds. The benefits of working with a professional Forex
trader include the fact that day in and day out
professional traders are operating on live accounts. The
only way to trade with confidence on a Live account is
through years of experience. This is the sort of experience
you will aquire by way of networking with professional
Forex traders.

3. Losing money in Forex can be kept to a minimum with
proper money management skills, a professional Forex trader
will know exactly how much leverage to use on your account
in any given trade and will use protective stops to keep
your account losses to an absoute minimum. Money management
is one of the single most vital keys to your success as an
investor in Forex, and can literally make or break your
account balance over time.

4. When you let your account into the safe keep of a
professional you are offered something far more valuable
then money, you're given the very thing that makes life
worth living: Freedom. Each day you can do as you please,
whether it's spending time with friends, family or loved
ones. A good Forex trader will make sure your account
catches all the most profitable trades whether it's 7am,
4pm or 3 in the morning while you're sound asleep.

Investing Forex can be an exciting decision when leveraging
the talents of others, it allows you to live your life
vicariously through the skills of those professional
Traders you have come to know. As always the results of
trading Forex are never guaranteed, but one thing you can
be certain of is that your chances of success are always
increased when working with a professional.

----------------------------------------------------
Ranked in the Top 10 by Google as an International Forex
Money Manager Aaron Stokes is a professional in the field
of managed Forex accounts with an average of 10% growth per
month on managed accounts. For details visit:
http://www.forex-cipher.com

Guess What Leads To Filing Bankruptcy?

Guess What Leads To Filing Bankruptcy?
Can You Guess The Main Causes Of Bankruptcy Filings? There
are several common causes leading one to file bankruptcy.
These include, but are not limited to the following:

1. Lawsuits/Garnishments

Nobody wants to be sued and brought to judgment. Nobody
wants to have 10%-15% of their hard earned wages deducted
from their pay. In many cases, the taking of 10%-15% of
one's wages leads to the inability of that person to pay
his rent, utilities or auto payment. Just the thought of
the employer potentially having to garnish wages leads many
to panic. Debtors do not want their employers or
co-workers knowing of their financial troubles.

2. Auto Repossessions

Auto lenders will do whatever it takes to get you financed,
regardless of whether you are actually capable of affording
the car. They realize that if you can't pay the
installment, they can take back their vehicle and re-sell
it before it fully depreciates. They do this through the
use of auto auctions where the vehicle often sells for
substantially less than what is owed. This leads to a
deficiency amount which the lender seeks to recover from
the debtor.

3. Unpaid Medical Bills

With more and more Americans going without medical
insurance (45.8 million, per the U.S. Census Bureau press
release dated 8/30/05), they risk losing whatever they have
earned throughout their lifetime should a major medical
problem occur. Most claim that they can't afford to carry
medical insurance. In reality, they can't afford not to.
The rising cost of health care could significantly deplete
one's savings should a serious illness or injury occur.
Even those with co-payment coverages are having a difficult
time meeting their burden of the bill.

4. High Interest Loans

There have always been high interest personal loans from
many sources. In recent times, the advent of the payday
loan has surfaced. These loans have exorbitant interest,
which is often carried over and extended further by way of
additional loans. People who cannot survive until their
next payday are giving up a huge portion of their paycheck
to get the money in advance. This dangerous cycle leads to
further borrowing with less and less money actually going
into the individual's pocket.

5. Driver's License Suspensions

Many states have begun to suspend the licenses of drivers
who have been involved in auto accidents without insurance.
These drivers are typically given three options: Pay the
actual damages to the person(s) involved in the accident;
work out an installment payment plan to pay the damages to
the person(s) involved in the accident; or file bankruptcy
and send proof thereof to the motor vehicle licensing
department. If the person continues to drive without
rectifying the situation, they risk arrest and/or
imprisonment for driving on a suspended license.

6. Foreclosures

The pride and joy of being a homeowner can be easily
tempered by the hard work and cost of maintaining the home.
The mortgage needs to be timely paid no matter what your
special circumstance may be. Real estate taxes and
homeowner's insurance are also required to be paid
regularly or you face a foreclosure suit. Changes in
employment, health, income and marital status can lead to
one's failure to make timely payments. Many take second
mortgages or lines of credit which simply create an
additional, financial burden on the homeowner. When faced
with the reality that they cannot afford the home, debtors
can vacate the home and extinguish any mortgage liability
through Chapter 7 bankruptcy.

7. Overzealous Lending

How many credit card applications have you received in the
mail this year? If you are like many Americans, the
applications continue to appear regularly. Have you
received convenience checks or offers for additional lines
of credit? If so, you may have taken advantage of the use
of the credit without any feasible way of repaying the
debt. Many people are receiving pre-approved credit
applications when they are in fact, not credit worthy. The
credit card lenders point fault at the debtors for
accepting the credit without the means to repay it. It
seems more logical to fault lenders who do not undertake to
check the credit worthiness of particular debtors.

8. Consumer Overspending

Many people see what they want, acquire it, and decide
later how they will pay for it. People want to possess the
latest clothing, jewelry, electronics, etc. Most stores
now offer the ability to take the product home through the
use of store credit cards or outside financing. You may
even get a modest percentage discount off the purchase
price if you open or use the store charge card. Many
people charge their groceries, restaurant and
transportation expenses believing that if they just make
the minimum payments everything will be alright.

----------------------------------------------------
David M. Siegel is the author of Chapter 7 Success: The
Complete Guide to Surviving Personal Bankruptcy. He is a
member of the American Bankruptcy Institute and currently
practices bankruptcy law in Chicago and its surrounding
suburbs. Additional information is available at
http://www.bankruptcy-lawyers-newyork.com .

Here's How you can choose a Home Loan wisely and save money

Here's How you can choose a Home Loan wisely and save money
There are more than 112 different Housing Loan packages in
the market. What are the things you should watch out for in
shopping for the Best and most suitable Home Loan for
yourself? Fret not, below we share with you some Useful
Tips on Home Loan Shopping

What is the penalty period of the loan package? For
instance if you're likely to sell this property within the
next 2 years, you might want to choose a Housing Loan
package with a short lock-in period of say, 1 year or no
lock-in period at all.

What is the chance of selling the property before the
property receives Temporary Occupation Permit (TOP) or
before the loan is fully disbursed? If you may sell off the
property before the loan is fully disbursed, you might want
to look for a Housing Loan package with a lower
cancellation fee. Low cancellation fee is a especially
important feature to property speculators who typically
sell the property within a short holding period.

What is your view on Interest Rate trend in the next 2
years?

If you're of the view that interest rates have peaked and
are unlikely to go up in the next 2 years and may even
drop, you may want to choose a Floating Rate Housing Loan
package rather than a Fixed Rate Housing Loan package. You
can also consider choosing a package whereby interest rates
are tied to Swap Offer rate or Inter-bank Offer Rate,
whereby any drop in interest rates would be translated into
lower interest rates on your Housing Loan. Because
sometimes even when inter-bank offer rates drop, bank might
not adjust the interest rates on their Housing Loan
downwards.

Any flexibility on partial repayment?

Some packages impose penalty charges on any partial
repayment within the lock-in period. If you're likely to
make partial repayment in the next 2 years, you may want to
choose a package that allows partial repayment without
penalty fee.

What is the best duration for home loan?

Typically, the longer the loan period, the more interest
you end up paying. As a general guide, do not stretch loan
period to more than 25 years. For loan period that
stretches beyond 25 years, say 35 years, you would end up
paying much more interest compared to a loan of 25 years.

Let us illustrate with an example, whereby loan amount is
S$300,000 and average annual interest rate of 4% on the
Housing Loan:

In this example, if the loan period is 20 years, monthly
instalment is S$1,817.94. On the other hand, if the loan
period is stretched to 25 years, monthly instalment is
reduced by $234.43 to $1,583.51, and total interest paid
increased by about $42,240.93. However, when loan period is
stretched a further 10 years to 35 years, loan instalment
is only reduced by S$255.19 only, while total interest paid
increased by $75,600.27.

Loan Period 20 25 30 35

Monthly instalment $1,817.94 $1,583.51 $1,432.25 $1,328.32

Total interest over loan period $138,529.77 $177,770.70
$218,895.28 $253,370.97

Another way to plan the duration of a Home Loan is not to
stretch loan period beyond your retirement age. For
instance, if you plan to retire at age 60, you should not
be taking a loan period that stretches till you're age 65
or 70.

What is the difference in interest rates for mortgages for
property under construction vs completed property?

Currently, there is not much difference in interest rates
for Housing Loans whether for completed property vis-a-vis
property under construction. In fact, some banks offer the
same packages whether for completed or properties under
construction.

What are the refinancing penalities and costs, and under
what circumstances should a borrower consider refinancing?

If your Home Loan is out of the lock-in period, the only
cost of refinancing is only possibly legal cost of
refinancing. Typically, Banks provide legal subsidy. Thus,
depending on the loan amount outstanding, the full legal
cost of refinancing maybe fully subsidized by bank and cost
of refinancing can be zero!

If your Home Loan is still within the lock-in period, we
will help you to calculate whether the interest savings by
refinancing into another Housing Loan package which offers
lower interest rates is more than enough to offset cost of
refinancing, which may include repayment penalty and refund
of legal subsidy.

The interest savings you enjoy on refinancing can work out
to a tidy sum of tens of thousands of dollars. Thus, it
really pays to choose a Home Loan right. With the above
tips we share on choosing a Home Loan, you are almost
assured of choosing the right Housing Loan package that
suits your needs and helps you save money.

----------------------------------------------------
Dennis is a Certified Financial Planner and has 15 years of
bank lending experience. He founded
http://www.HousingLoanSG.com - a Leading Mortgage
Consultancy Portal in Singapore. He is known as a Housing
Loan Expert and is often quoted in newspapers for comments
on Housing Loans. Please send your comments to
dennis@housingloansg.com or call him at +65 6737 8801