As the term `Semi-Exclusive Mortgage Leads' would suggest, these are Leads that function somewhere in between Exclusive and Non-Exclusive Leads. The Lead Provider sends Exclusive Mortgage Leads to one Lender at a time, and Non-Exclusive Mortgage Leads to several Lenders at a time.

Many Mortgage Providers restrict the number of loan officers, for instance 4 or 5, to whom they send any one lead. Such Leads are known as Semi-Exclusive Mortgage Leads. These leads don't enjoy the 100 per cent confidentiality that is associated with Exclusive Mortgage Leads. It is because more than one person accesses the loan request information that is provided by the Borrower. This is bit of a disadvantage. But then, the above circumstance brings in some competition, unlike in the case of Exclusive Mortgage Leads. This fact brings down the cost price of the lead. This is an advantage.

In Exclusive Mortgage Leads, as there is no question of competition, whatever fees that the lender charges usually work out, thought not necessarily all the time. On the other hand, in Non-Exclusive Mortgage Leads, several Lenders have access to the lead. This leads to a competition among the Lenders [loan officers]. This sit

uation can be a plus point for the Borrower, as he or she can bargain for lower interest rates on the Mortgage Loan.

So in effect, Semi-Exclusive Mortgage Leads are balanced in terms of advantages and disadvantages. For this reason, this type of Lead is gaining popularity in the mortgage industry.

The golden rule to follow in Semi-Exclusive Mortgage Leads, as in other types, would be to look for the most important factors in the Lead: Price, Speed and Quality. If all the three are satisfactory, Semi-Exclusive Mortgage Leads are near ideal.

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