If you are a loan officer or mortgage broker on the market for sub prime mortgage leads be sure to take your time and choose your mortgage lead company wisely.

One of the most important things you will want to know about the mortgage lead company is how they acquire their mortgage leads.

Why is this important?

The importance of the mortgage leads origin all depends on the type of mortgage lead you are looking for,

If you are looking for inexpensive sub prime mortgage leads that are inexpensive and can be bought in bulk than the history of the lead becomes unimportant because the mortgage lead would not be inexpensive unless it was dated and had been sold multiple times to loan officers and other mortgage lead companies.

The idea behind buying cheap mortgage leads in bulk is to try and get three to five applications per every hundred mortgage leads called.

If you are looking for fresh sub prime mortgage leads of good quality, than where the mortgage lead company acquires their mortgage leads from should be of much importance to you.

Look for the mortgage lead companies that acquire their mortgage leads through web sites that they own and operate. This is one way you can be sure that the mortgage lead you are paying for is legitimate and not purchased from a third-party vendor who has already sold it multiple times.

Also, you will want to be sure that the mortgage lead company is using actual mortgage lead generation sites to acquire their sub prime mortgage leads and not using spam tactics to have people fill out surveys than sell them as mortgage leads.

Another thing you will want to be sure the mortgage lead company is not doing is acquiring mortgage leads by offering free gift cards to home stores to people that fill out the on line applications.

With this type of mortgage lead you will undoubtedly end up with a customer that is more interested in the gift card than they are an actual mortgage.

So when deciding on a mortgage lead company to invest your hard earned money with to purchase good quality sub prime mortgage leads, be sure to pick up the phone and speak with someone in the customer service department of the mortgage lead company and find out exactly how they acquire their mortgage leads.

About the Author

Jay Conners has more than fifteen years of experience in the banking and Mortgage Industry. He is the owner of http://www.jconners.com, a mortgage marketing and resource site, he is also the owner of http://www.callprospect.com, a mortgage lead company, specializing in real time mortgage leads.