LendingTree University
Client Results
LendingTree is proud to announce the impact that we have already seen from the LTU Training Certification
Program, powered by Mortgage Champions, launched in June, 2010. Below are results improvements
from our first client, First Choice Bank - a current LAC Council Member and LendingTree Certified Lender
- who saw a $233,055 increase in estimated gross fee income from 6/16/10 to 8/11/10.
LTU Production Increases in first 60 days
Loans in Process Increased: Est. Gross Fee Income Increased:
26.8% in 30 days 20.0% ($119,460) in 30 days
62.6% in 55 days 39.1% ($233,055) in 55 days
Units per LO Increased: Loan Volume Increased:
26.5% in 30 days (4.9 to 6.2 units) 21.6% in 30 days
63.2% in 55 days (4.9 to 8.0 units) 40.4% in 55 days
LendingTree University Client Testimonials
“...our originations immediately increased “...the ROI on what the training cost me
by using the techniques...” is far greater than I expected.”
“The LendingTree University training had an immediate “I built America Funding with the commitment to ev-
impact on Lenders Direct. Not only have our originations eryone who walked through our doors that “if you join
immediately increased by using the techniques but the our team, you’ll prosper”. I fulfilled that commitment
loan officer’s attitudes and approach towards the busi- by providing my operations staff with state of the art
ness has improved. Loan officers are focused on improv- technologies that allowed them to scale up or down
ing client’s overall financial future as opposed to selling with any given market condition and on the sales side,
just rate. This focus has brought about a new found by providing the sales force with the best leads in the
passion and excitement towards the business amongst market place, i.e. LendingTree. Where I fell short was on
our loan officers. Through the years I have always found sales training. Bringing in Dale Vermillion and his proven
Dale Vermillion’s training to be relevant in any market Mortgage Champions sales system with LendingTree
I’ve experienced. He is a consummate professional. His University has proven to be boon for my 60 plus loan of-
honesty and integrity reflects in all that he does. I would ficers. On average they have doubled their pipelines and
highly recommend this training to any organization looking the ROI on what the training cost me is far greater than I
to improve their sales.” expected. The buzz on the sales floor in contagious and
all over I see LO’s smiling and “sticking to the script”.
Dale has transformed my sales staff and America Fund-
Mike Horn, Regional Manager ing 2.0 has taken off! I took the additional step of having
my sales managers take Dale’s Leadership Training and
we now have a true “sales system”. I’m proud to be the
first LendingTree Certified Lender.”
Phillip Baltazar, President/CEO