Free Loan Modification Telemarketing script

Loan Modification Telemarketing Script

Just copy and paste this free loan modification telemarketing script into a Word or PDF document.  Before you start calling always make sure you scrub your list against the DNC.

( Make sure you have a proper opening spiel. Introduce yourself and the company you represent right away)

Hi can I speak with __________.  My name is __________ calling from Mortgage Helpline USA.

( Explain the purpose of the call and give them a brief summary of what you may be able to do to help them. Also, test the level of interest by using trial closes such as ” So when would be the best time to have them call you tomorrow?”)

The reason for this call is to inform you of our loan modification program.   The program is designed to prevent foreclosure and save you thousands on your mortgage. When is a good time to have one of our loan specialist call you tomorrow?

( At this point, the customer will probably start throwing questions at you or start to resist you, the best thing to do is to make sure you acknowledge their questions or concerns and answer them correctly and confidently, this is where your rebuttals come in)
Rebuttals:
We have a group of attorneys that renegotiate the terms of your loan with the mortgage company.

I know this can be a stressful subject but we can rework the terms of your mortgage with the bank to help prevent foreclosure and make your payments more affordable.

This won’t take much of your time and it could save you thousands on your mortgage.

(When you feel that you were able to handle the customers concerns, take them to the next step immediately by starting to ask all the necessary questionnaires to make sure that they are qualified, one tip on gathering information is to just sound casual on asking for them, never make it sound like a big deal. and again, a little trial close at the end will also help out a lot)

Collect Information
I just need to ask you some questions to make sure you qualify for the program and then I can either transfer you to one of our loan specialist or set and appointment at time of your convince.
Mandatory Questions

  1. Do you intend on keeping the house?
  2. Do you have foreclosure date set? When?
  3. What is the balance on the loan?
  4. What is the value of your house today?
  5. What is the interest rate you are paying?
  6. What is your monthly payment?
  7. Are you currently employed? How long? How much per month?

Live Transfer- Okay, that’s all for now please hold while I connect you with our loan specialist.
Next Day Appointment- Okay, that’s all for now.  So when is good time to have our loan specialist call you tomorrow?

(When setting an appointment make sure to remind them of the date and time to finish the call strong.)
Thank you, have a great day and please don’t forget our appointment tomorrow at 10:30am.!

If you liked our free loan modification telemarketing script wait till you try our leads!