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FAQ's

Frequently Asked Questions

What types of services does LenderLift offer?

We have many service options for brokers and lenders. Our Done-For-You services include paid ads management, website development, SEO, branding, systems implementation and more.

Do you offer a discount with long term contracts?

We also provide a 20% discount for an annual plan on our DIY products (click on Pricing). It's like getting 2 months free! We do not provide discounts on any of our premium services.

What are the expected results from running ads?

While we can't say how well your ads will perform compared to other competitors, we can say that they will give you a very good ROI. Usually (depending on the market and services/products you are advertising for/sales process) we can expect a 3-5X ROI. Over time the ROI improves with constant optimization.

If I have to choose which service to start with first, which service will give me results fastest?

We always recommend you go with our borrower lead generation and paid ads management first as it is the most intent-driven advertising. This means prospective clients are searching for specific things and are usually sooner to transact.

When will I start to see results?

While every campaign and client is different, we usually have a ramp-up period of about 30-60 days to start seeing some great results. Sometimes this happens sooner, but we prefer to under-promise and over deliver. Some loan products such as DSCR and commercial can take 30-60 days to close, while other loan products like bridge, fix & flip, and new construction loans can close as soon as 2 weeks. It may also depend on where the borrower is in the buying process.

How much should I spend on ads?

It depends on the ad platform. We recommend at least $30 per day on Meta and $50 per day on Google.

Are you SOC 2 compliant?

Yes we are SOC 2 compliant, which means that your data and your client data is securely stored.