Yes, that is correct. We are able to reach out to dead leads in a filing cabinet and make conversions on this.
However, our most successful partners use us to work with their existing clients. Since they already know some specifics, due to qualifying them previously, this speeds up the future loan process. Also, leveraging our "Analysis report," in conjunction with knowing how much equity their client has gained, makes the prequalification easy on their next purchase. This streamlines the process for easy, slam dunk loans, doubling their conversions.
So, even though we can work with dead leads, our process works best when working with existing clients.