The PPF Network has Launched the Pay Per Closed Loan Mortgage Lead Solutions Network

PPF has launched the new pay per mortgage closing network. The new Mortgage Lead System Lets Loan Officers Pay Per Closed Loan instead of paying for each mortgage lead. Many loan officers spend thosands of dollars on useless mortgage leads. PPF is trying to take the risk away with the new PayPerFunding.com web system.

(PRWeb) February 12, 2007 -- The PPF Network announces the official launch of the long awaited PPF Network also known as PayPerFunding.com __title_ Click this link. (http://www.payperfunding.com). The new web based mortgage lead marketing platform has caught the eye of hundreds of mortgage companies. The new PPF - PayPerFunding.com network gives loan officers and mortgage companies a risk free approach to acquiring mortgage loan deals via the internet, without the risk of buying and paying for mortgage leads upfront. PayPerFunding.com does not charge per mortgage lead. You only pay for mortgage leads that land you a deal or closed loan.

PayPerFunding.com releases thousands of mortgage leads to the network's members and tracks the progress of each member using a web based LEADS management technology. When a mortgage loan deal is closed by a member, the member pays a flat fee to PPF. The lead manager allows members to have 10 sub accounts to which they can distribute mortgage leads to. Tracking the performance of the mortgage leads and the master account holders sub accounts is simple and automated. PPF governs the entire system to track when members close a loan.

PPF does not sell mortgage leads, they sell closings. The PPF network has working relationships with many mortgage lead generation companies and buys mortgage leads in bulk on a daily basis to satisfy the networks needs. On average PPF pays $15-$35 per lead then uploads them to specific member accounts in the hopes the members will lock in a nice loan deal.

"It is a risky business for everyone out there. We hope to take some of the risk factors away from loan officers and make a profit with the new system at the same time," said a spokesperson for the the PPF Network.

A handful of the first loan officers to try the PPF payperfunding.com (http://www.payperfunding.com) service have reported a greater ROI than when buying mortgage leads from the open lead market online.

Learn more about PPF at http://www.PayPerFunding.com or call 1-877-224-1898

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