Bills Lender Letter - August 2008, Issue 8

 
Highlights
  • Opportunity Finder
  • Speed is of the Essence
  • Prepare for Transparency

Top Movers
Average Requested Loan Amount
(August 2008)
Refinance (R/T) $233,442
Refinance (C/0) $183,363
HELOC $47,620
Purchase $387,977

Contact Us
Testimonial
We haves been buying Internet leads since 1998. In the 4th quarter of 2007, leads from Bills.com returned greater than 10x cost. On top of good performance, they have provided excellent customer service and flexibility that is rare among lead providers. I value the ongoing relationship we’ve maintained since August of 2006

Marketing Director, Equity Direct Mortgage Corp


Tel: 866.639.8507
Mike Elsbree – West Coast:
650.393.6308
Adam Finley – East Coast:
650.393.6603
Fax:
800.813.9671
sales@bills.com
www.bills.com
FIND. LEARN. SAVE.

Bills Partners Newsletter
Welcome

Hello out there! August is National Vacation Month and hopefully you are taking yours this year. Vacations are a great time to drop all your of your “pressing” work items and clear your head a bit. Did you know that Americans take 30% less vacations than Europeans? Get out there and take your well-deserved break – after the last twelve months you need it! Take a look at the Opportunity Finder below and try out the BillsIQ. We’ve had nearly 10,000 completed and the national average is 86! Can you beat that?!



-- Ethan and the Bills.com team

New Products and Enhancements

The Opportunity Finder

Bills.com has added another tool to help our clients fund more loans. The OPF (as it is affectionately known) identifies lead profiles that are not getting fully matched within our Lender Network. This helps us tailor a filter that will generate leads with less competition and potentially a greater close rate for you. Please contact your AE to put this high-performance tool to work for you.


BillsIQ

We are excited to introduce BillsIQ, a free tool for consumers to evaluate their Financial Fitness in Credit, Debt, Budget, Wealth, and Life Plan. After completing the 25-question form, consumers will receive tips and advice specific to their situation. Based on supplied answers, Bills.com will offer resources including Budget Tools, Credit Reports, Credit Card and Tax Debt Assistance, and Mortgage Options. Lastly, consumers can review how they compare to others by Age, Education, Gender, Income, and Geographic.


Be one of the first to log on: http://www.bills.com/iq


Tip of the Month


MIT Lead Response Management Study: MIT conducted research over three years related to response times and contact rates on Web Generated Leads. What they found is that Speed is of the Essence.


News from our World

Prepare for Transparency:
Two years ago, mortgage brokers originated more than two-thirds of new loan originations, according to Wholesale Access, a mortgage research firm. Now the broker share of the mortgage market has dropped to 45%. Are you prepared to become transparent as the market continues to shift? Read More