Things are going to get tougher for mortgage loan brokers. Housing starts are down again, existing homes are selling more slowly and most of the folks that could refinance already have. But there will always be business out there for the best brokers. The real question is, will they be able to afford to do it?
During the refinance boom, there was a burst of activity on the part of mortgage technologists and Web commerce experts. Today, brokers have access to some really incredible software that allows them to conduct all of their business online, from anywhere. But without the high loan levels of the past, can brokers afford to pay all the players that have come together to create this Web-enabled work environment? Probably not.
So Austin, Texas-based Vuecentric has created a complete system that provides everything the broker needs in one package. The website, the SaaS loan origination system, the electronic partner network, and the tools to market it all. Until the end of the year, Vuecentric is offering the package to any broker for $499/year. Close one loan; pay for all the technology you need to run your business. It doesn't get any better than that.
For more information, surf to www.vuecentric.com. But do it soon. The offer ends Dec. 31, 2006.