Tip 25: Automatic rate drop
If you are a mortgage company, a good way to retain and increase customer base is to offer an automatic interest rate reduction loan. This loan would automatically refinance if the going rate lowers by a percentage set by you say 0.25% below the rate the customer borrowed at. You can also set other conditions such as that the customer has to be stable and in good standing and have good credit rating etc.
From Integra Global Solutions Corp
A bookkeeping outsourcing service provider.
