LoanToolbox Mortgage Marketing for Loan Officers

Trace Richardson — Sun, 05 Jul 2009 06:11:46 +0000

LoanToolbox is a monthly subscription service that caters to mortgage brokers and mortgage bankers. LoanToolBox provides a wide spectrum of mortgage marketing tools and services. Included are mortgage marketing videos, tutorial & guides, strategies, database mining tools, mortgage forums, mortgage newsletters, and direct mail tools, among others.

From the LoanToolbox Website:

Loan Toolbox is a division of Mortgage Success Source (MSS), the leader in providing training, business solutions and marketing systems to the mortgage industry. MSS is the strategic alliance of Mortgage Market Guide, LoanToolbox and The Duncan Group. Featuring the talents of industry leaders Barry Habib, Sue Woodard, Todd Duncan, Greg Frost and Jim McMahan, MSS provides money-making resources to more than 40,000 loan originators nationwide. All MSS products and technologies feature proven systems that are easy to implement and generate increased loan volume.

The LoanToolbox Loan Officer Pyramid

The centerpiece of the LoanToolbox mortgage training strategy is the Loan Officer Pyramid. The pyramid is made up of the elements deemed to be the necessary components for success as a mortgage originator.

LoanToolbox Pyramid

Loan Officer Pyramid Elements:

Essential Knowledge
Selling and Presentation
Marketing
Operational Systems
Leadership & Team Building
Legacy

LoanToolbox Mortgage Faculty

The faculty listed on the LoanToolbox.com website are Barry Habib, Sue Woodard, Greg Frost and Jim McMahan.

Loan Toolbox Subscription Pricing and Contact Information

LoanToolbox lists multiple tiers subscription levels on the website, but no direct pricing information is listed.

LoanToolbox is located at 24 S. Holmdel Road, Holmdel, NJ 07733. LoanToolbox.com also lists the following contact information:

Sales: (800) 963-1900

Corporate Sales Discount pricing for groups of 20 or more loan officers. (800) 963-1900

Customer Support (800) 963-1900

Technical Support (800) 963-1900

Related Posts:

Excel Mortgage Pricing Calculator

Trace Richardson — Fri, 17 Oct 2008 19:41:18 +0000

More free mortgage tools from LeadPress! This is the pricing tool we use day in and out to price deals. It was built when we realized that using a calculator was inefficient when pricing multiple pricing scenarios and when trying to compare scenarios and loan products. This spreadsheet makes comparing scenarios easy and when you are finished you simply save the spreadsheet as you client’s name and you have it for future reference.

This free mortgage broker tool enables you to price multiple deals using different pricing scenarios. The first row has three boxes that enable three different pricing scenarios for a specific product. We commonly price a No Cost Loan, a Cost Loan, and a Cost plus Points loan in each of these boxes. The second row enables you to do the same with a different product. We will commonly price a fixed rate product in the first rows and an adjustable rate product in the second rows. The third row will enable you to price an option arm and a 2nd as well.

The pricing tool is a bit daunting to look at first. Go to the “With Instructional Comments” tab and hover over the red triangles to read comments about what each cell is for. Once you have a grip on the basics, go to the “Full Version” tab to see the full version.

Every time we price a deal we save it in a “Loan Scenarios” folder as the Client’s name. This allows us to have the pricing for future reference.

Free Excel Mortgage Pricing Calculator

Also: LeadPress Mortgage Website Calculator