New Hybrid Marketing Methods – NMP Skip to main content

New Hybrid Marketing Methods
Jan 02, 2015

The new age of Internet-generated leads has become saturated. Mortgage professionals are being told they are buying one type of lead and then received something completely different. Since its inception in 2011, the Consumer Financial Protection Bureau (CFPB) has been cleaning house in the financial sector with a keen eye on the mortgage industry. The Internet is the only place they have not conquered. With predatory lending gone, along with those who practiced it, there has been major growth in new marketing methods.

The term “marketing” has become almost synonymous with compliance. This doesn’t mean you have to stay away from it. In fact, it’s been one of the main reasons marketing efforts are working so well today. With so many hoops to jump through, a lot of people are simply staying away from marketing all together. New marketing campaigns are combining traditional marketing methods like direct mail and telemarketing and integrating online additions to them. These new hybrid campaigns allow recipients to respond by phone, mail, e-mail or online. Combining the old with the new, these methods are producing response rates that are higher than we’ve seen since 2010!

Mortgage direct mail response rates are back over one percent (VA excluded). The TCPA amendments that took effect in late 2013 have brought increased results due to less market saturation. The new rules don’t allow the use of robo-dialers. If you’ve ever used outbound dialing as your source for new leads (without robo-dialers) now is the time to get back to it. For the first time since 2010, we’ve seen acquisition costs (per closed loan) under $500 with these forms of direct marketing.

The first quarter of 2015 is predicted to be the biggest quarter in the mortgage industry since 2012! With the New Year comes new opportunity. January is the time to get back into the mortgage business. If this is your plan, get educated on these new hybrid marketing campaigns now, and bring yourself unsurpassed growth in 2015.

TagQuest Customer Spotlight
Each month, we talk with our clients to see how their campaigns are performing. Here’s what heard from Chris D., a California mortgage lender.

►Product: Direct mail
Volume: 20,000 pieces per month (5,000 per week)
Response rate: 1.35 percent (270 phone calls)

Highlights of the campaign that work well for you
“We just switched from live transfers and we really like being able to customize our own criteria and lower our lead cost.”

Highlights that might appeal to other mortgage professionals
“Higher return-on-investment and consistency that we can depend on.”

Based in Medford, Ore., TagQuest Inc. is a full-service marketing firm developed throughout the ever-changing mortgage industry. Utilizing industry knowledge, marketing expertise, and technology we implement any or all aspects of your marketing and/or advertising campaigns. With a proven track record, more than 10 years in business, and decades of experience TagQuest knows what it takes to produce unprecedented results in today’s fast-paced mortgage environment. For more information, call (866) 717-8980 or visit

This article originally appeared in the December 2014 print edition of National Mortgage Professional Magazine. 

Jan 02, 2015
Navigating The Five C’s

New Year is a good time to review what makes up a good credit profile

Sales and Marketing
Jan 04, 2022
Is Your Brand Voice Loud Enough?

Don’t assume potential customers can clearly hear your message.

Sales and Marketing
Jan 03, 2022
Reach Out And Touch

How Better Communication Can Increase Your Bottom Line

Sales and Marketing
Jan 03, 2022
Turn Your Clients Into Repeat Borrowers

A Guide to Customer Retention

Sales and Marketing
Dec 20, 2021
You, In All Your Glory

You've got a strong business brand, but how well does your personal brand support it?

Sales and Marketing
Dec 13, 2021
Growing Your Business With Green Mortgages

Would you like fries with that?

Sales and Marketing
Dec 11, 2021