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The Mortgage Coach Releases Critical “Stimulus Package” for Loan Officers

March 21st, 2008

Stimulus Package rescues loan originators from slow originations caused by worsening credit crunch, falling real estate values and the unprecedented and frequent changes to underwriting guidelines.

The Mortgage Coach has always been known for its high quality, persuasive analytical and presentation tools used to help borrowers select the best loan. But with this Temporary Stimulus Package, The Mortgage Coach will also be emphasizing critical live web classes that provide detailed hands-on knowledge as well as lab lessons on how to succeed in these extraordinary market conditions. Along with weekly coaching conference calls with real originators and industry experts, the Temporary Stimulus Package also includes lead generation marketing tools that provide step-by-step instructions to guide originators through each stage of the sales cycle.

One of the most important elements of the Temporary Stimulus Package is the mass market release of The Mortgage Coach’s Opportunity Optimizer, a web based system providing an automated six-step process that helps loan originators diagnose a homeowner’s financial situation and make a sound mortgage recommendation based on each homeowner’s specific needs. “Given the need for transparency of loan programs and simplified loan disclosures, we felt the time was right to provide this tool,” states Savage. “With the Opportunity Optimizer, previously unseen opportunities are made obvious to the borrower. In fact, originators can start creating new loans within a day or two of implementing this new tool using strategies outlined in the Stimulus Package.”

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