Cofounder I Changing how banks and credit unions build relationships with people online
🏡❓💰 The $2.5B problem that your average Credit Union is facing..... 🏘 Lets take a Credit Union with 100k members... - 50% of members own a home (50k people) - The average homeowner transacts on their mortgage every 5-7 years - The average second mortgage is $50k 💰 That is $2.5 BILLION dollars up for grabs with homeowners over 5-7 years But it gets even worse! ✍ 50% of people go with the first lender they approach 🙀 4 out of 5 second mortgages go to someone other than the original lender If 80% of members get their second loan elsewhere... 💰 That is a whopping $2B walking out the door to competitors! 💻 If you are not building relationships with homeowners, you are getting crushed by the companies that are.
