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Benefits of VirtualLending
Virtual Branch is among the most aggressive and fastest growing mortgage companies in the industry. We give our Virtual Loan Advisors a complete "tool box", not just the tools, to do their job efficie
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Mortgage employment and licensing in all 50 states.
Custom web solutions for the mortgage Novice, Pro or an entire mortgage company
You own your website for as little as $49.00 (similar to this site)
There are no monthly fees or setup expenses that typically range from $200- $700.
Pre-designed website templates are also included.
Hundreds of functions: thumbnail, mouse-over effects, ready-to-use Java Script effects, text link style sheet, tables, forms, iFrames and much more...
You can publish all your pages on your site at one time with the built-in publisher function.
Own a Complete fully designed corporate mortgage website with no setup or monthly fees. (See Examples
The Internet may simply be the “MOST IMPORTANT” tool for the mortgage professional today.
Think about it. What other form of media anywhere is totally interactive? When you place an advertisement on the radio, your borrower can only "hear it". When you place an advertisement in the newspaper, they can only "read it". When you place an ad on the television, they can only "see it". When you advertise through the Internet, the environment is completely interactive. Your client can actually transact business with you! What a powerful concept.
Why does the Internet work so well for the mortgage industry? You will find the answer in two parts. First, most mortgage-related forms are standardized throughout the nation. This makes a huge difference when it comes to technology. Basically, it's easier to automate an industry that uses standardized forms and data formats, and in the near future this will be enhanced with the complete acceptance of the MISMO standards. It is much easier to exchange data within an industry that adopts standards. The second reason is that consumers are using the Internet to find homes, purchase merchandise and, yes, even apply for a home mortgage loan or refinance.
So how does the Internet measure up for you as a mortgage professional? When does it make good financial sense to take a serious second look at what the Internet can do for you? Let's think of your Internet use in terms of Return on Investment (ROI). If I could promise you that you would earn a rate of return of 120% on the stock market would it make sense to invest? Does that sound too good to be true? But if it were, would you consider it? Of course you would.
But before you made your decision you would probably want to do some research to confirm and validate your choice. Perhaps you might do some comparisons with other investments, or you may simply roll the dice and give it a try. Here is a definition for ROI. A term describing the calculation of the financial return on a business policy or initiative that incurs some cost. ROI may be measured in terms of a payback period for the investment, or as a percentage return on a cash outlay, it may also included staff morale, productivity and loyalty, and may take into consideration cost savings as a result of the investment- there are many different ways to calculate it.
Even after 5 years of dealing in the high tech world of Internet based loan origination, talking with software programmers, designers, database architects, and enthusiastic industry visionaries,
I have learned one thing. Keep it simple and stick to the basics. BE IN THE CIRCLE
Remember, there is a reason why they call the Internet the "Super Highway" and, as with any highway, if you do not have a roadmap to where you are going, you may never get there and, worst of all, you may spend countless hours and dollars trying only to be disappointed by the results.
Think about what the Internet means to you and consider how it can make a positive impact on your business. It may be the best investment you will ever make!
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