In a recent investigation by Walton Solutions, the company has found that a "Mortgage Lead Scam" is happening to 20% of brokers who buy leads. Walton Solutions provides valuable information to consumers.
(PRWEB) April 14, 2006 -- Walton Solutions announces in a recent investigation they have found a "Mortgage Lead Scam" is happening to 20% of brokers. Walton Solutions provides valuable information to consumers.
Many companies say they sell mortgage leads and deliver what they promise to be people who requested information on a home loan, refinance or general mortgage consolidation.
"If you are like me you have received these "leads" and then called them only to hear 'I didn't request any information,' or something along those lines," says Jefferson Baker, Loan Officer of Triwes Mortgage.
75 companies were investigated by Walton Solutions and 30% of them are polluting the web with advertisements that entice people to fill out a form (usually automatically as well so they barely remember seeing a form) and "win something."
According to Walton Solutions, this is bogus. There are only a few solid ways to land to a good Mortgage Lead other than knowing a Realtor yourself, and there are only a few companies that sell quality Mortgage Leads.
According to Walton Solutions, a Mortgage Lead company named Site Tools sells quality Mortgage Leads and after investigation, do not use the same tactics. They are a direct provider and know who is looking for a mortgage, when and where they are looking for one. They deliver these leads real time either with a management tool, to email or even cell phone via a text message.
And best of all, they actually refund the purchase if a broker is not satisfied.
http://www.sitetools.com/
Max Amiliano
Financial Journalist
Your Friend in the Mortgage Business
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