There are a number of affiliate programs available through many
different types of merchants. One of the most common affiliate offers,
though, is a mortgage affiliate program.
A
mortgage affiliate program operates the same as most any other
affiliate program with other merchants. The mortgage broker or mortgage
lender offers to pay you an agreed dollar amount for either a click
through from a link on your web site, a fixed dollar amount for a lead
you've generated through your link, or a percentage of the amount
financed through a lender by a new customer that visited their site as a
result of your link.
While a mortgage affiliate program can be a
beneficial way to earn added dollars, it's still much the same as other
affiliate programs out there. The similarity is due to the fact that a
mortgage affiliate program is not a way to earn money fast, despite
promises made by the mortgage affiliate program to simply place their
banner on your web site and watch the money start rolling into your bank
account.
If you're serious about becoming involved in a mortgage
affiliate program, there are literally hundreds out there from which to
choose. Make your decision carefully, though, and consider the following
items as you look at different mortgage affiliate programs.
1. Choose a mortgage affiliate program that offers excellent affiliate support and communication.
A good way to test the waters as to how good the mortgage broker or
lender's communication and support is with their affiliates is to simply
email an inquiry. If they don't respond within a day, send one more
email. If you haven't heard from the mortgage broker or lender you've
chosen within two to three days, chances are it's best to search
elsewhere for a mortgage affiliate program. A mortgage affiliate program
that doesn't even bother to respond to a serious inquiry probably will
not offer the support needed once you've put their program into action
on your site.
2. Don't pay money to enter into a mortgage affiliate program.
If a mortgage affiliate program asks for money in order for you to
post their link on your web site, it could possibly be a Multi Level
Marketing, or MLM, program, which are normally not successful in
mortgage affiliate programs. Additionally, chances are good that such an
offer could, plain and simply put, be a scam just out to take your
money. A true mortgage affiliate program will be available to you at no
charge.
3. Consider a mortgage affiliate program only with a broker or lender that is honest.
When you make your initial email contact with the company offering a
mortgage affiliate program, don't be afraid to ask for references of
others currently involved in their mortgage affiliate program. If they
won't offer references to you, be wary. If they do offer a name or two
for you to contact, ask the affiliates how successful the program has
been for them, what level of support they receive from the broker or
lender, and ask them to describe their experience working as an
affiliate. If all of these questions are answered with a positive
response, chances are you're making a good decision with signing onto
the mortgage affiliate program.
4. Choose a mortgage affiliate program that offers a variety of ways of reaching potential customers.
Some mortgage affiliate programs require a banner link on your web
site. While this is the option of choice for many affiliates, consider a
company that also offers text links for your site, or allows you to
purchase mailing lists in order to promote the mortgage affiliate
program through email. Even if these options are not immediately of
interest to you, if the program takes off in your favor, it could be
another way to generate additional funds. Text links can be an excellent
choice, especially if you already have a couple of affiliate programs
posted that you're working with, or are considering working with others
in the near or distant future. With too many affiliate banners, your
site can start to appear littered, distracting from the content of your
web site, loading slower, and frustrating visitors that might otherwise
click on your affiliate links. Flexibility with the mortgage affiliate
program on how you connect with individuals interested in the mortgage
program can give you some great options on how to develop and increase
your affiliate earnings.
There are numerous mortgage affiliate
programs available. A simple search through your favorite search engine
will verify this to be true. While we endorse none of these mortgage
affiliate programs, a few that are readily available and are
continuously looking for affiliates to sign on are as follows. Watch for
two-tiered programs, where you're paid for individuals that go to the
company's web site through your link and fill out a form, and then are
also paid a commission if that customer also finances or refinances
because of your link.