Affiliate Programs

Mortgage Affiliate Program

A mortgage affiliate program allows a web publisher to make money through referrals to mortgage brokers or through actual mortgages issued. You are essentially a broker bringing consumers together with lenders through the medium of the internet.

There are three basic variations on the mortgage affiliate program. The first is a "pay per click" form. In this variation, you will place a banner ad or text link on your site and every time someone clicks on it, you will get a small amount of money.

You'll make more money per conversion if you have a pay per lead mortgage affiliate program. In this scheme, you're paid a significant amount of money for every person you refer who fills out a form requesting information. You have the potential to make $50 or more for every lead. But, unlike the pay per click form, in the pay per lead variation, you have to actually convert the traffic you generate.

The final form of mortgage affiliate program is the percentage plan. You'll get a percentage of every loan issued by your referrals. On a $100,000 loan, a 1% fee is $1000. That's not shabby money for bringing two people together.

One type of blended mortgage affiliate program gives you money for the click and more money for filling out the request form. Another gives you money ofr the request form and an additional sum if the consumer takes out a loan.

If you're looking to get rich quick, the mortgage affiliate program is not for you. You should choose an info product or something of that nature. Mortgages are big decisions and people need lots of time and lots of information before they are willing to take the next step.

There is no shortage of mortgage affiliate programs. You will want to choose carefully so that you can build a relationship for the long haul. Some of the big players are LendingAffiliates.com, 1stMortgages.com, Loan.com, and eLoan.com. To find more programs, go to google and type in "mortgage affiliate program."

When investigating various programs, look for quality affiliate support. If they don't have great communication before you sign up with them, they sure won't have it later when it comes to resolving fee disputes.

You might want to ask the broker for references. If it is a big player in the mortgage affiliate program arena, you can check out the message boards to see if current affiliates are satisfied with the program.

You should never "pay to play." The Mortgage affiliate program you select should be free to you.

Article Published: Monday 17th December 2007