What are lead aggregators and how do you deal with them?
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If you've been contacted by a mortgage company about getting a new mortgage loan or refinancing your existing home, you've probably had some kind of encounter with a lead aggregator. Aggregators are companies that specialize in finding potential clients for other businesses. In the mortgage world, they specifically help lenders identify people who are in the market, or might soon be in the market, for a home loan.
Lead aggregators play an important role in the mortgage industry. Obviously, they help lenders, but they can also help YOU as a potential borrower. Basically, when lead aggregators sell your information to lenders, they're making it easier for you to shop around and get lenders to compete for your business. You don't have to do as much legwork because they're already coming to you.
However, if you're sick of all the calls and mailers, you have some options to make them stop. These include asking the lenders reaching out to you to take you off their call, mail, and/or email marketing lists. You can also get help from a couple of official organizations, such as OptOutPrescreen.com and the National Do Not Call Registry. Their contact information is listed below:
OptOutPrescreen.com
💻 https://www.optoutprescreen.com
📞 888-567-8688
National Do Not Call Registry
💻 https://www.donotcall.gov
📞 888-382-1222
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About Low VA Rates:
Low VA Rates is a VA-approved mortgage lender that was built out of a desire to help veterans access their VA home loan benefits. With over 10 years of experience specializing in the VA loan, you can trust the Low VA Rates team to help you find a mortgage with great rates and terms.
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