Skip to main content

3 Reasons You Should Offer Instant Financing to your Clients



When you offer Instant Financing to your clients, it will significantly improve how quickly they close their loan and get into their new home. On top of that, the stress and strain of having all the paperwork completed can be relieved for both parties.

The bottom line is, offering this kind of service to your clients will improve your image in their eyes, which in turn will build trust and an ongoing relationship with them. Here are 3 reasons why:

A. Offer Instant Financing to your Clients for a better experience.

When you offer instant financing, it decreases the impact of waiting periods and postponements that could otherwise be disruptive and troublesome for the client as well as unsettling for you as a lender. You know that a lot of your clients get extremely worried about the value of their home as well as the mortgages they are under. Especially if the mortgage is already in default and you need to refinance or restructure it, there is probably nothing that will change their mind but vital financial information and instant decisions. You can help them greatly by offering Instant Financing to your Clients.

B. Provide an easy way out for your clients when it comes to closing their loan.

Instant financing is a great way for you to make the loan process smooth and easy. Your clients will enjoy a more comfortable experience while being able to obtain the loan they need without having to deal with as much paperwork or delays. The sense of urgency that comes with instant financing can lead to both parties closing their loans faster and get into their homes sooner than they would have otherwise. There’s no reason not to offer Instant Financing when it can help your clients with so much.

C. Give your clients peace of mind and provide them with a better overall experience when it comes to closing their loans.

Having instant financing is almost like having an insurance policy against delays in the loan process. If the client has any worries about the overall process or thinks there will be any kind of delays, they can rest easy knowing that you are there to offer instant financing for their loan needs. The sense of security this brings to a client will allow them to experience less stress and enjoy a quicker closing time on their loan.



Comments

Popular posts from this blog

Are You Looking to Establish a System of POS Financing in Your Business?

  Do you own a small business or are you starting a new retail business? Are you planning on establishing a pos financing system? Here are all the things you should know about. Pos financing converts the bills of the customers in easy installments spread over a period of time as per the convenience of the store or the customer. Why is Pos financing important? The system of Pos financing has been changes over the time span of few years. There have been various changes in the system which offers more flexibility to the consumers and the end users and turns up the sales of the merchant company. The few variations are guaranteed approvals, zero interest charges on the payments and bills and easy and no paper work requirements for availing these services. With the introduction of these services, customers are buying more items and the sales have gone considerably up profiting all the parties involved. As you are starting your own business, turning potential customers to your clients is...

Five Tips for Sales Financing

Sales financing is a type of sales contract where a salesperson obtains funds for the sale from an outside party. This article will go into detail about five tips to help salespeople get sales financing and promote it as an option when talking with potential buyers. Read on to find out more! Sales financing is a type of sales contract where a salesperson obtains funds for the sale from an outside party. This article will go into detail about five tips to help salespeople get sales financing and promote it as an option when talking with potential buyers. Read on to find out more! 1) Sales financing is available from many different sales financing lenders. This means that salespeople are not limited to just one option when it comes time to find a lender and obtain funding for their sales deals. Instead of having to go through the often lengthy process of finding each individual buyer's preferred lending institution or other external source, salespeople can simply talk with their com...

What is Waterfall Finance and how does it work?

Meaning   The waterfall finance structure is a concept in repayment where the higher tiered creditors receive the interest and all principal payments first. After their repayments are completed can the smaller or lower tiered creditors start receiving their interest and principal payments. This structure most likely exists keeping in mind that the higher tier of creditors need to be given a priority while repayment as the loans that they would give have a higher chance of being more expensive than that of the lower tier creditors. In this system the loans can either be paid in full one by one, first the higher tier creditors followed by the lower tier creditors or it can be done simultaneously in a systematic manner. The name waterfall finance suggests a metaphorical representation of how a waterfall actually is. If you put buckets in a vertical line down a waterfall then you can notice that the bucket at the top gets filled first followed by the bucket below it and so on. Also t...