Expert AnalysisMarch/April 2023 Edition

The Power Of Video In Mortgage Lending

Video marketing has become an increasingly popular strategy for businesses across various industries, and the mortgage industry is no exception. With the rise of video content consumption, mortgage lenders and vendors are turning to video as a powerful tool for lead generation and brand awareness. In this article, we will explore how video transforms brand awareness for mortgage lenders and vendors and why it’s essential to incorporate video into your marketing strategy.

Video has become the preferred medium for consuming content, with over 85% of internet users in the US watching video content every month. With the increasing popularity of video consumption, it’s no surprise that mortgage lenders and vendors are turning to video as a way to reach potential customers. Video offers several advantages over traditional marketing methods, including engaging viewers, conveying complex information in an easy-to-understand format, and building trust and credibility with potential customers.

One of the most significant advantages of video marketing is its ability to generate leads. Video content is more likely to be shared than text-based content, making it a powerful tool for reaching a broader audience. Additionally, video content is more engaging than text-based content, making viewers more likely to take action, such as filling out a lead generation form. By incorporating video into your marketing strategy, you can increase the number of leads you generate and improve your overall conversion rates.

Another advantage of video marketing is its ability to build brand awareness. Video content is more likely to be shared than text-based content, making it a powerful tool for increasing your brand’s reach. Additionally, video content allows you to convey your brand’s unique messaging and values in an engaging and memorable way, helping you to build brand recognition and recall. By incorporating video into your marketing strategy, you can increase your brand’s visibility and improve your overall brand recognition.

One of the most significant advantages of video marketing is its ability to convey complex information in an easy-to-understand format. Mortgage lending can be a complicated process, and it’s essential to convey information in a way that is easy for potential customers to understand. Video content allows you to break down complex concepts into simple, easy-to-understand visuals, helping potential customers better understand the mortgage lending process. This is also true when vendors are looking to present their advanced technology solutions to lenders.  By incorporating video into your marketing strategy, you can improve the customer experience and increase the likelihood that potential customers will choose your services over your competitors.

Video marketing also offers an excellent opportunity to build trust and credibility with potential customers. Mortgage lending is a significant financial decision, and potential customers are looking for a trustworthy lender. Lenders are also looking for vendors that are trustworthy when looking to add solutions to their tech stack.  Video content allows you to convey your brand’s messaging and values in an engaging and memorable way, helping you build trust and credibility with potential customers. By incorporating video into your marketing strategy, you can improve your brand’s reputation and increase the likelihood that potential customers will choose your services over your competitors.

Regarding video marketing for mortgage lenders and vendors, several types of videos are particularly effective. These include thought leadership videos, customer testimonials, and video case studies.

Thought leadership videos are an excellent way to introduce your executives’ knowledge, expertise, and passion to customers and can convey complex information in an easy-to-understand format. These videos can be used to explain the mortgage lending process, highlight the benefits of your services, and showcase your brand’s messaging and values. Using thought leadership videos in your marketing strategy can improve the customer experience and increase the likelihood that potential customers will choose your services over your competitors.

Customer testimonials are another powerful tool for video marketing. These videos feature satisfied customers discussing their positive experiences with your brand, helping to build trust and credibility with potential customers. By incorporating customer testimonials into your marketing strategy, you can improve your brand’s reputation and increase the likelihood that potential customers will choose your services over your competitors.

Video case studies are another effective tool for video marketing.  These dive into how your products and services directly solve consumers’ challenges.  These videos can go into greater detail and provide powerful, real-world solutions.

Once lenders and vendors understand the power of video and the impact it can have on their businesses. The next step is effectively implementing video into their marketing strategy and determining the proper distribution channels to meet your customer audiences.

We help you amplify your video message and authentically bring your story to life. 

Content creation can be challenging.  Creating content that genuinely moves audiences powerfully and authentically is even harder, but through the combined expertise of Love & Toacos Media and NexLevel Advisors, we can help lenders and vendors accomplish just that.

Leverage amazing video content with some of the most engaging networks of mortgage professionals.  Dalila and Michael’s vast industry connections and hyper-engaged tribes drive conversions and tangible results.  Get your story told in a new, engaging, and dynamic way through thought leadership videos, podcasts, audio, and LIVE video conference outreach, and more.

If you are serious about getting your story told to the right audience, then it is time to Amplify with Dalila and Michael- the mortgage industry’s most interesting storytellers.