The answer is YES – the right mortgage lender recommendation will improve borrower satisfaction. Trusted lenders will help you close faster and protect your commissions. When homebuyers are referred to a mortgage lender by their real estate agent, they are actually more satisfied than homebuyers that use their owner lender.  According to the National Borrower Satisfaction Index from […]

RatePlug has assembled a list of questions we receive about property listing flyers and RESPA compliance. RESPA stands for the Real Estate Settlement Procedures Act. QUESTION:  A homeowner’s insurance company gives a real estate broker marketing materials, such as desk calendars, pens, and notepads, all of which promote the homeowner’s insurance company’s name. Is this […]

When RESPA compliant co-marketing programs work, they can pay big dividends for both the lender and agent. Frequent communication and a clear understanding of the co-marketing partnership as a whole ensures the ability to set the appropriate business expectations. With the proper co-marketing program in place, two or more parties can work on a project […]

What is a Mortgage Relationship Rate? A relationship rate is typically offered to existing customers as a way to keep your business with the lender. To give you an incentive the lender may offer a lower interest rate and/or assist in paying part of the closing costs. Hopefully, you are in good standing with the […]