It's challenging to get cheap mortgage leads in a time where most mortgage businesses and salespeople are throwing in the towel.
To make matters worse, they stop advertising for leads because it can get expensive when your not consistently closing sales.
Unfortunately, cutting back your marketing efforts can have a damaging impact on your business and commissions.
Thankfully, you don't have to spend much money to generate cheap mortgage leads.
In fact, developing the skill to make money with little of your own and a bit of time will help you in any economic downturn without relying on advertising dollars to squeeze you by.
One cost effective way to get inexpensive mortgage leads is to set up your own website offering something of value to your target market for free.
It doesn't have to be a physical item.
It can be a free digital report or weekly newsletter solving an immediate mortgage related problem your potential clients might have.
Typically, people do business with people they know, like, and trust.
When your giving away your knowledge to those who are looking for it, no strings attached, who do you think they'll call first when they're ready to get a mortgage? You of course! Not the pushy sales agent who seems desperate to get any business he can, but the person who gives more by helping to solve their mortgage related problems.
Set up a basic WordPress blog about your service, and if you can't do it, go to elance and hire someone for a few bucks to design a decent looking website for you to promote online.
Now, there is no excuse to generate cheap mortgage leads of your own.