
#6: The 3 Types of Referrals Successful Lenders Need and How To Get Them
07/26/17 • 16 min
Referrals are arguably the lifeblood of a successful mortgage professional’s business. Without consistent, qualified referrals life can be very hard as it’s not easy to generate leads month after month without knowing how to leverage your database, network and sphere of influence.
In this episode Brett dives deep on how to generate leads and referrals from your existing network and from each new client you work with. Some of the key takeaways from this episode will be:
- How to ask for referrals systematically and strategically
- Learn the 3 (THREE) types of referrals you as a mortgage professional want and need
- Learn the strategy “Referral Storming” which will show you how to generate up to 20 referrals a month by referring people out to your network
- Learn the “Quarterly Network Multiplier” system and strategy Brett created to allow you to 10X your referral network year after year
We truly hope this episode helps you grow your business and opens your eyes to the possibilities of leveraging your network not just for referrals of new clients, but for a bounty of referrals of new referral partners that will keep you fed with qualified leads for the rest of your career.
If you liked this episode, please let us know by giving us a 5 star review on itunes, we truly appreciate your feedback and helps us motivated to keep bringing you the best sales, marketing and business growth strategies in the mortgage industry.
Sincerely,
Brett McDonell
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords:
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords: Mortgage, Mortgage Broker, Loan Officer, Mortgage Banker, Sales, Marketing
Referrals are arguably the lifeblood of a successful mortgage professional’s business. Without consistent, qualified referrals life can be very hard as it’s not easy to generate leads month after month without knowing how to leverage your database, network and sphere of influence.
In this episode Brett dives deep on how to generate leads and referrals from your existing network and from each new client you work with. Some of the key takeaways from this episode will be:
- How to ask for referrals systematically and strategically
- Learn the 3 (THREE) types of referrals you as a mortgage professional want and need
- Learn the strategy “Referral Storming” which will show you how to generate up to 20 referrals a month by referring people out to your network
- Learn the “Quarterly Network Multiplier” system and strategy Brett created to allow you to 10X your referral network year after year
We truly hope this episode helps you grow your business and opens your eyes to the possibilities of leveraging your network not just for referrals of new clients, but for a bounty of referrals of new referral partners that will keep you fed with qualified leads for the rest of your career.
If you liked this episode, please let us know by giving us a 5 star review on itunes, we truly appreciate your feedback and helps us motivated to keep bringing you the best sales, marketing and business growth strategies in the mortgage industry.
Sincerely,
Brett McDonell
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords:
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords: Mortgage, Mortgage Broker, Loan Officer, Mortgage Banker, Sales, Marketing
Previous Episode

#5: Buyer Retrieval Program - Use The BRP to Speak With Hundreds of Buyers Every Month Who Need Loans!
In this episode of MBU with Brett McDonell, Brett discuss a proven marketing strategy to show you how to partner with new Realtors, add tremendous value to existing realtors and get a chance to speak to hundreds of people looking to buy a home and get a mortgage.
This strategy was originally shared with Brett by Ryan Grant, top producing MLO with Benchmark Mortgage. Brett has optimized it for the MBU community to truly separate yourself from the competition and add tremendous value for your Realtor partners.
Enjoy,
Brett McDonell
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords:
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords: Mortgage, Mortgage Broker, Loan Officer, Mortgage Banker, Sales, Marketing
Next Episode

#7: How To Create and Use a Pump Up Video to Get Motivated, Overcome Call Reluctance and Crush Your Sales Goals
It’s no secret that it’s hard to stay motivated each and every day, to get back on the horse, makes sales calls, meet new referral partners and continually put ourselves in uncomfortable situations necessary for business and personal growth.
Today’s episode gives you a powerful tool to help you stay motivated and remind you of why we put a suit on each and every day. The pump up video gives you secret weapon to get your game face on and get fired up to add more value, close a deal and get back on the horse!
Your takeaways from this episode will be:
- How to identify your true goals and what motivates you
- How to create a powerful visual of your goals to help you channel your courage and do the hard things required of successful lenders
- Get a secret tool and weapon you can use to overcome any intimidating situation
If you liked this episode, please let us know by giving us a 5 star review on itunes. We truly appreciate your feedback and helps us motivated to keep bringing you the best sales, marketing and business growth strategies in the mortgage industry.
Sincerely,
Brett McDonell
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords:
In episode 17 of MBU with Brett McDonell, Brett discusses a strategy he has had some success with lately which is targeting prospects with home equity loans to consolidate them into a new 1st mortgage.
In this episode you will learn:
- Why clients with helocs are ideal prospects
- What are Helocs and What are the pros and concs
- How to identify prospects with helocs
- How to use blended rate to convey the true interest rate of the combined debt the client is carrying
This episode is action packed and is filled with golden nuggets that will help you become an even better mortgage advisor and sales person.
As always, cheers to your success!
-Brett
#Mortgage #Mortgagebroker #mortgagebanker #loanofficer
Keywords: Mortgage, Mortgage Broker, Loan Officer, Mortgage Banker, Sales, Marketing
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/mortgage-banker-university-with-brett-mcdonell-19775/6-the-3-types-of-referrals-successful-lenders-need-and-how-to-get-them-689956"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to #6: the 3 types of referrals successful lenders need and how to get them on goodpods" style="width: 225px" /> </a>
Copy