Increase Market Share With Spanish-Language Mortgage Products
Are you interested in information that can help you guide your Hispanic consumers through the mortgage loan process? Spanish-language mortgage products from VMP® Mortgage Solutions can help your organization build confidence and credibility with Hispanic consumers by using bilingual mortgage documents!
Using bilingual documents can help your institution:
- Expand Hispanic market share by providing the tools necessary to communicate with Hispanic consumers.
- Bridge the language and information gaps to gain incremental business from the Hispanic community.
- Improve customer service by providing important information in a bilingual format.
- Build trust and credibility within the Hispanic community.
- Gain a competitive edge to penetrate the Hispanic market.
- Build brand recognition as a foundation for long-term relationships and a continuous source of referrals.
- Uncover opportunities for higher cross-sell of products with your Hispanic consumers.
Bilingual Mortgage Documents
Our conventional bilingual (English/Spanish) base package contains up-front and closing documents that your customer will sign. They are designed to guide homebuyers through the process and help them make sound financial decisions. State-specific bilingual disclosure forms are also available for New York, Florida, and California. The Freddie Mac versions of the Uniform Residential Loan Application, notes, and security instruments are included for these states. VMP Mortgage Solutions continues to develop bilingual mortgage forms. Visit us often for the latest additions of bilingual documents to our growing product list.
Disclosure Booklets and Posters
VMP Mortgage Solutions also has a variety of Spanish-language brochures, including the HUD Settlement Costs booklet as well as the Consumers Handbook of Adjustable Rate Mortgages. Please see our product list for more information.
The Hispanic population is one of the largest and fastest growing demographic groups in the U.S. And yet, nearly 40 percent of the Hispanic population does not have a relationship with a bank, according to Mortgage Originator on-line. Realize the benefits and gain a competitive advantage by adding bilingual documents to your portfolio.
You can learn more about why market conditions are optimal for reaching the Hispanic market and how bilingual resources can help you differentiate your institutions and grow market share. Watch this site for upcoming web-based Executive Briefing opportunities or contact us for additional product information.
