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Running the math at a 10% conversion rate, that's 3 loans total/month at about $1,250 per loan for lead cost and then whatever it costs you to 600% Lead Generation Increase in 4 Months for US Mortgage Lender A conversion rate (lead to closed loan) of 2.5% would yield you a lead cost of $1000 per closed loan. If you average loan amount is 200k
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As an industry, mortgage lending has an abysmally low conversion rate. Here, we'll talk about why. And in our next blog, we'll give you some tips to change it. Not Tracking Conversion Rates? You're Leaving Opportunities On The Table
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If you're letting your realtor partners handle prequalifications, you're risking your deals and your conversion rate. In this clip Want more mortgage leads from your website? In this video, we break down the essential conversion elements every mortgage
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