Account Servicing: Referral Partnership Program

Profiting through Partnerships

Freedom Financial LLC is built on the foundation of building relationships that are beneficial to everyone.  We are committed to providing value to our business partners.  This commitment provides a platform to support the success of Freedom Financial, while ensuring our business partners have profited from the relationship.  Specifically you can count on prompt, professional and courteous service whenever you contact us.

What’s in it for me?

As an investor  of seller financed contracts and notes, we provide a source of liquidity for people who are receiving monthly payments on property they have previously sold.  As you may be aware, the number of brokers who have entered this business has grown dramatically over the past five years. This has resulted in holders of seller-financed contracts receiving an increasing number of solicitations offering to purchase their contract or note.  As a servicer, this means an increased potential of accounts being closed out or transferred.  In addition, the sustained low interest rate environment, plus the increased number of lenders willing to finance “sub-prime” transactions has likely resulted in increased run-off of accounts and greater difficulty in attracting new accounts.  Freedom Financial can help mitigate the effects of these circumstances with our business partners by:

Protecting your accounts. Our experience has shown that when a seller decides to sell their contract, they will do so without regard for the impact it has on the servicer.  Their only concern is receiving the highest price available for their contract.  By establishing a partnership with Freedom Financial, you will have the peace of mind knowing that all contracts sold to Freedom Financial will continue to be serviced by you*.   This enables you to provide your customers with a source of cash for their contract without jeopardizing the income you receive each month. 

Supplying referrals through our Owner Financing direct mail program.  Freedom Financial also utilizes an advanced method of identifying properties that are currently offered for sale with owner financing.  Each seller receives a brochure from Freedom Financial with important details to consider when selling a property using owner financing.  Included in the brochure is a recommendation to use a third party to service the account.  As a Freedom Financial partner, your business name will be inserted into the brochure as the recommended escrow company in your area.  We currently mail to sellers in Washington, Oregon, Idaho, Montana, Nevada, Texas and Alaska. 

Reduce mailing costs.  Freedom Financial offers a number of programs to our business partners.  One example is our program that provides for Freedom Financial to subsidize your mailing costs when including our inserts.  Freedom Financial business partners may receive all or part of their mailing costs upfront, depending upon which program they select.  All partnerships are individually tailored to ensure a mutually beneficial relationship.

Providing an opportunity for additional income.  Many servicers are also in the business of providing title insurance or escrow closings.  Companies that provide these services will be listed in our Owner Financing brochure as the preferred title or closing agent in the area.  In addition, you will receive the title order and act as the closing agent for all transactions where you are also the servicer.  If your company specializes in servicing only, we offer cash incentive programs for leads that result in a closed purchase.

As a business partner, Freedom Financial is allowed the opportunity to provide your customers with marketing material offering to pay a lump sum of cash for their contract or note.  This marketing material is primarily postcard type pieces that you would insert with your customer’s check and statement.  If your system allows, we can also offer the service by adding an offer to purchase the contract to the seller’s monthly statement.  All quotes to your customers are provided free of charge, with no obligation.  Additionally, all quotes are strictly confidential.  In some cases, with your customer’s approval, you will be asked for information on the account to enable us to provide an accurate quote. 

More importantly, as a business partner with Freedom Financial, you can count on your customers receiving friendly, professional service, and a highly competitive price for their contract.