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How do reverse mortgage brokers get leads?

In: Loans, Mortgages, Money Management [Edit categories]

Answer:

They can buy them, set up a website, advertise through radio, TV, billboards, direct mail etc. Get referrals from other professionals etc. Lots of ways to get the leads, the key is being effective with the marketing and providing service good enough to work customer referrals over time.

First answer by Reversemymortgageguy. Last edit by Reversemymortgageguy. Contributor trust: 0 [recommend contributor ]. Question popularity: 1 [recommend question].

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Relevant answers:

What is a reverse mortgage lead?
A reverse mortgage lead is where you can get names of people that are interested in getting a reverse mortgage. These leads should already have been screened to meet the criteria for a reverse...
Where can a person get a reverse mortgage lead?
A person or a certain individual can get a reverse mortgage lead from any mortgage company that offers it. You can even get one from the company you're working with right now.
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"Reverse mortgage leads are people who need to refinance their mortgages. Companies get this information, and then sell these peoples numbers to banks that do mortgages."
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No I do not have a mortgage from AARP Reverse Mortgage because I am not 100 years old. That is for old people who need money and do not need their house any longer because they will be dieing soon.
Is there a difference between a reverse mortgage and a reverse annuity mortgage?
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