As mentioned in previous posts How do I run a mortgage broker business? , The bank will benefit when you do a great job with the mortgage broker, both in gain and in helping consumers select the customer and make the collection and document checks. In this case, the mortgage broker acts as the agent bank as well as marketing to help consumers select a bank.
As known, the bank only hours of work ranged from 08.00-16.00 hrs. Relying on mortgage brokers who have the working hours more flexible and willing to work 24 hours, then the bank will be very benefit. In addition, the mortgage broker also has a general power-sales (sales people) who have a cultural sell (sales culture) is extraordinary, because they are working with the system commission (commission based). Thus, when banks use mortgage brokers to do the marketing, the effectiveness can be very extraordinary.
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