Lending

Why Homebuyers Chose the Other Lender

5 mins read
November 1, 2016
By
Total Expert

Every homebuyer has a reason for choosing to work with a loan officer or a specific mortgage company. Sometimes, it’s their resounding reputation that reaches consumers through word-of-mouth recommendations. But, that rapport with past clients is just one component of the greater whole that goes into attracting qualified homebuyers.

Today’s homebuyers have a wide selection of lenders who are vying for their business. In the end, homebuyers, particularly millennials, will likely only reach out to a few after doing extensive research. And, as you could’ve guess, that research starts online.

A study done by the National Association of Realtors® (NAR) found that 90 percent of homebuyers start their search online. Meaning: Your brand needs to be online. It needs to shine, and it needs to be bright, leaving every other option out there to be a distant afterthought. And, just for reference, your brand isn’t just a logo that’s on your website and social media, either.

In today’s digital mortgage climate, a brand carries an all encompassing meaning. This includes mortgage company culture and policies; your marketing content and design; as well as highly-rated customer service.

It’s the marketing department’s overarching goal to transfer the entire mortgage business into an accurate, engaging message, and then project it into the digital world to capture the attention of targeted homebuyers. This needs to be done in a way that can be viewed from anywhere, at any given time, and in a digestible way.

Even though homebuyers are after large amounts of content to satisfy their research instincts, it’s important to know what content is needed and how to display it in an inviting way. After that, you must get that content in front of the homebuyer through different media platforms, including social media and online ad campaigns.

The World Wide Web is the first point of contact for the majority of homebuyers, and more importantly, it’s what they find when they get there. According to the NAR, 44 percent of homebuyers found the home they purchased online, presiding over real estate agents, friends, and even family.

Their new home will take time to find, since they’ll wade through web portals, local blogs, forums, social media, and other real estate pages during the research phase. At a specific point of the process, the homebuyers will need to find a way to make their dreams a reality: financing.

To make sure homebuyers end up in your office when this time comes, your mortgage brand needs to stay with them throughout the entire process. Loan officers must be where their future clients are (online) and stand out in this relentless stream of digital content so they can outshine every other loan officer or mortgage broker.

Here’s how to do that:

How to Leverage Your Mortgage Brand

In order to make sure homebuyers find your mortgage brand, you need the following:

  • A well designed, mobile-friendly website
  • Active social media channels
  • Relevant content for homebuyers

A website that’s going to respond well to every type of device — a desktop, tablet or smartphone — is an overarching SEO rule. If your website isn’t mobile-friendly, it gets punished by search engines, which, in turn, makes it difficult to be where the homebuyers are.

Similarly, if your website doesn’t display well on every type of device, you may be turning away those homebuyers who find you on their smartphones or tables.

Equally connected, search engines also populate social media profiles. When you’re active on Twitter, Facebook, Instagram, or any other platform, it’s more likely that active homebuyers will find your mortgage brand during their research stage.

Staying active on the right social media channels also builds trusts with house hunters. When you constantly share relevant mortgage news and information — preferably from the company blog — on Twitter or Facebook, you establish brand as an authority figure on these topics, giving homebuyers a trusted source to keep coming back too.

At the same time, don’t want to neglect other areas of the internet, especially because some web-based portals attract over 50 percent of all homebuyer and renter traffic.

You Should Advertise Across the Web

This past February, comScore reported that Zillow Group saw a staggering 73,364 unique viewers across desktop and mobile in January 2016 alone.  Zillow Group also attracted 12.6 percent of the total internet population to its advertising syndicates in the same month, and takes up well over half of online real estate shares.

You should advertise on these portals for the simple fact that they receive an incredible amount of viewers. The data shows that consumers take to these sites when they want to buy or rent a home. Moreover, these sites also have tailored advertising programs set up specifically for different entities, including large scale mortgage companies and individual brokers.

This should be your first go-to advertising spot, but round out your campaigns by also boosting and promoting social posts on platforms like Facebook, Twitter and Instagram. The exposure through social media increases your reputability in a more targeted, personalized way, which resonates with homebuyers looking to work with trusted mortgage professionals.

You can also track the engagement of your audiences through social media ad campaigns, making for a flexible and an intuitive way to reach a specific demographic. You can see when consumers click through, take their journey through the website, and identify where their needs are.

It won’t be long before your loan officers will send them an email introduction email or picking up the phone to connect. That brings us to our next point…

Make Sure You Have a 24/7 Follow-Up Plan

Having a 24/7 follow-up plan in place is simply a best practice for today’s high-velocity mortgage industry. When homebuyers want rates, disclosures, the fine print, they go looking for it. They don’t wait for somebody to reach out and feed it to them, thus the online-first consumer approach.

But, this isn’t an impossible feat to overcome. In fact, it’s fairly simple.

You know that loan officers can’t always take a phone call — no matter how badly they want too — nor do they have the time to send out dozens of emails.

It’s just plain inefficient. There are better ways to make sure a personalized touch reaches the homebuyer.

Two ways to reach a client before another lender does:

  • A timely follow-up workflow
  • Automated email nurturing

When a homebuyer picks up the phone or sends an email through Zillow, you should already have a follow-up workflow in place to deliver on the excellence of your mortgage brand. Whether it’s personalized talking points or an auto-generated email, there should be something in place to ensure the homebuyer doesn’t make the call to another loan officer.

Nothing is worse than seeing a homebuyer who’s already going through the process walk into the competinglender’s office. That’s not a what-could’ve-been moment, that’s a what-should’ve-been moment.

From a high level, there needs to be something in place for the initial contact, because the first contact often determines this outcome: Are they going to close with us?

Millennial buyers, specifically, have spent a great deal of time researching and gathering information ahead of time. What they’re really after during that initial point of contact is to see whether or not that specific loan officer is right for them.

Once that’s determined, the homebuyer needs enough time to continue researching if he or she isn’t ready to sit down to do the paperwork yet. But, that doesn’t mean you leave the homebuyer alone altogether.

The relationship needs to be nurtured by supplying relevant, personalized information in a way that’s not going to scare them off or be seen as intrusive. You want them to engage with the offers, so that when the big day comes, homebuyers happily sign off on the closing documents

In Conclusion

Homebuyer has hundreds and hundreds of options when it comes to loan officers ready and willing to give them financing.

But, not every one of those loan officers has a branded, consumer-focused business model in place that allows them to be where the homebuyers are, share their thoroughly crafted mortgage brand, and provide upbeat, personalized experience that every consumer searches for.

Key Takeaways:

  • Ensure your brand is found at every stage of the homebuying process, including on web portals, social media, and your website, to create awareness and credibility with consumers.
  • Prioritize advertising to where consumers search most leads to a staggering amount of web traffic back to your website and social media platforms. Then, deploying advertising campaigns on Facebook, Twitter or Instagram can round out your advertising strategies to drive personalized connections with homebuyers.
  • Have a follow-up workflow ready, with the right tools in place, so that when the calls start coming in, loan officers are front and center before the competition is given an opportunity.

Resources

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From there, the conversation moved into the practical impact of that intelligence. With Customer IQ embedded across the platform, lenders can identify who to contact, when to engage, and what opportunity to present with personalized messaging. Total Expert's marketing automation and agentic AI will work seamlessly behind the scenes to help lenders engage faster, more effectively, and at scale. Dan also shared how our AI Sales Assistant extends the capacity of every originator, conducting human-like outreach, qualifying opportunities, and even scheduling meetings directly on a loan officer’s calendar. It’s not about replacing the originator, it’s about empowering them to focus on advice, relationships, and conversion while technology handles the prospecting and follow-up that too often falls through the cracks.

If you’re thinking about borrower retention, refinance waves, or how to compete in a market where speed and personalization matter more than ever, this is a conversation you won’t want to miss. Dan and David explored how data intelligence, automation, and AI are converging to create a new growth engine for lenders that's built not on isolated transactions, but on the consistent engagement that deepens relationships and earns customers for life.

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Lead Management: Turn Every Lead into an Opportunity

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In today’s mortgage market, every lead matters more than ever. Acquisition costs are up, margins are tight, and borrower expectations are shifting. So, lenders who don’t prioritize follow-up, still rely on disconnected systems, and don’t have complete visibility of their pipeline will continue to watch high-quality opportunities slip away.

Many mortgage organizations are still managing leads across spreadsheets, point solutions, or legacy systems that can't connect opportunity tracking with their sales and marketing engagement. The result? Inconsistent follow-up, negative customer experiences, overwhelmed loan officers, and revenue left on the table.

Total Expert Lead Management is a purpose-built, in-platform solution designed to help lenders capture, route, and advance borrower opportunities faster and more consistently—without adding another system to manage.

A dedicated lead management system makes all the difference

Speed-to-lead is a competitive advantage

Serious borrowers are eager to move quickly, and the lender who engages them first often wins their business. But manual lead assignments and inconsistent follow-ups slow teams down. Lead Management ensures leads are automatically captured, assigned, and acted on—so loan officers can engage borrowers while intent is still high and keep the conversation moving forward.

Loan officers are spread thin

Most loan officers juggle dozens of active conversations across emails, texts, and phone. But when lead data lives somewhere else (like a spreadsheet or notepad), things fall through the cracks. Lead Management brings leads directly into the Total Expert contact record, giving loan officers a clear, prioritized view of who to engage and when. Coupled with our integrated marketing automation capabilities, loan officers can connect with new leads and opportunities faster and with more personalized messaging.

Marketing and sales need to work as one

Marketing teams generate demand, but without visibility into what happens next, optimization stalls. Lead Management closes the loop by connecting lead sources, engagement activity, and outcomes, so marketing and sales operate from a shared system of record.

Manual processes kill pipeline velocity

Spreadsheets, inbox triage, and one-off workflows don’t scale. Lead Management replaces manual steps with rule-based routing, standardized lead stages, and automated engagement to help lenders move faster without sacrificing consistency or compliance.

A contact-first approach to lead management

Unlike off-the-shelf tools and horizontal CRMs, Lead Management is contact-centric by design. Leads live within the contact record, not in a disconnected pipeline. That means every email, text, or phone conversation is tied together in one place with a full engagement history.

This gives loan officers context, not just tasks, and it gives leaders a real-time view of pipeline health across teams.

What makes Total Expert Lead Management different?

Unified lead intake

Lenders can input leads manually or in bulk from multiple sources, with built-in contact matching and deduplication to keep records clean and accurate.

Intelligent, rule-based routing

Leads are automatically assigned based on your chosen routing policies, such as round robin, fallback rules, or source-based logic. This ensures that every lead is connected with the right loan officer at the right time.

Standardized lead stages & tracking

With consistent lead stages and activity tracking, teams can quickly see where every opportunity sits within their pipeline, while a built-in activity log supports operational oversight and compliance needs.

Automated engagement with Journeys

Lead Management integrates seamlessly with Total Expert Journeys, triggering personalized outreach based on lead creation, updates, or stage changes. Follow-up happens automatically, so loan officers don’t have to rely on memory or manual tasks.

Assignment queues & visibility

Unrouteable leads don’t disappear. Assignment queues ensure nothing is lost and give loan officer teams a chance to engage the lead to gather more information. Visual pipelines and reporting give leaders insight into performance, conversion, and bottlenecks.

Source & referral attribution

Understand where your best leads come from. Lead Management captures source and “referred-by” data, helping lenders optimize spend, strengthen partnerships, and double down on what works.

Streamline workflows and boost productivity

The problem isn’t always a lack of leads. It’s lacking a system to effectively engage and nurture the leads you have.

With Lead Management, loan officers can:

  • See all leads in one place, tied directly to the contact record
  • Prioritize high-intent borrowers using standardized stages
  • Trigger or rely on automated Journeys for consistent follow-up
  • Spend less time tracking leads and more time advising borrowers

The result is fewer missed opportunities, faster response times, and more productive selling time.

Deliver proactive engagement at scale

For sales leaders and operations teams, Lead Management delivers control without complexity.

Leaders gain:

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  • Consistent lead handling across branches and teams
  • Confidence that every lead is being acted on quickly and compliantly
  • A scalable foundation that grows with volume changes

By unifying routing, engagement, and reporting on a single platform, lenders can scale efficiently without adding redundant tools or increasing overhead.

From first lead to customer for life

Every lead is so much more than a transaction. They’re a chance to build a long-term relationship that grows your business and builds your brand. When lead routing and reporting is disconnected from engagement, those opportunities slip through cracks you can't even see.

Because Lead Management is fully integrated with the Total Expert platform, including Customer Intelligence and Journeys, lenders can begin building loyalty from the very first interaction. That means better experiences today—and stronger retention, repeat business, and referrals tomorrow.

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For many loan officers, the idea of letting an AI talk to their customers understandably raises some eyebrows. After all, how is a machine supposed to replicate (or even replace) the kind of conversation that people have with a trusted professional? But as our conversation demonstrates, that’s not the goal of mortgage-specific AI tools. Instead of replacing loan officers, tools like Total Expert’s AI Sales Assistant empower them to focus on what humans do best: build relationships, provide guidance, and help customers make important financial decisions with confidence.  

Part of our conversation focused on the evolution from generic chatbots to AI-enabled automated outreach. Where chatbots followed a rigid script and were confined to specific “yes/no” or “if this, then that” workflows, AI-enabled assistants are able to engage in more dynamic conversations, react to unscripted questions or challenges, and become an extension of a lending team. For example, by leveraging data from Total Expert Customer Intelligence, our AI Sales Assistant can act on intent signals like credit improvement, rate drops, or equity thresholds that might otherwise go untouched. Loan officers can only make so many phone calls or emails in a given week, but an AI Sales Assistant can engage multiple opportunities simultaneously and won’t get discouraged if they don’t get an immediate response.  

Perhaps the most compelling part of the conversation came from the real success stories shared. Mike explained how early pilots showed real results within weeks, transforming difficult-to-convert leads into appointments that a loan officer could close, without manually dialing dozens of times. Jessica also highlighted how being freed from low-value tasks allowed her team to concentrate on delivering meaningful borrower interactions — and that this shift is fundamentally what AI should be about.

David, Mike, and Jessica also tackled the elephant in the room: the fear of AI replacing people. Rather than seeing AI as a threat, both Mike and Jessica frame it as a force multiplier that enhances productivity, enriches human jobs, and lets loan officers do more in less time. Mortgage professionals already use automated tools for things like email sequences or text triggers, but AI can’t replace our ability to empathize with a borrower who has credit challenges or a homeowner who needs a HELOC to help pay for urgent repairs. AI can only help you show up for more customers in the moments that matter.

The episode also dives into practical considerations like compliance, data quality, and best practices for implementation by giving listeners a grounded understanding of not just why AI matters, but how to make it work in real mortgage environments.

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