790 TRIUNFO CANYON ROAD #100
WESTLAKE VILLAGE, CA 91361-1844
805-379-6762 FAX 805-379-6760
“THE LENDER FILE”
This is a “TARGETED LIST” to reach homeowners, in particular second
mortgage/home equity prospects or refinancing homeowners. Included below is detailed
information on the service, descriptions of the databases, costs to produce such a list
and sample homeowner records. This is exact data from courthouse records.
The Sinclair Company (TSC) provides the following residential databases;
First Mortgage File . This file contains homeowner information dating back as early as
the late 1988—over 50 million properties spread across 50 states . From this database,
selections can be made on mortgage amount, origination date, lendable equity; lender
name and current home values. This database is primarily used to identify homeowners
with equity in their property that are candidates for home equity loans. It is also used to
target certain lenders such as finance companies or homeowners with specific LTV
ratios. This file can also be flagged for Variable or fixed rates.
Data Source. The source of this information is compiled by a company that does work
for large banks, insurance, escrow, title insurance, mortgage lenders, mortgage brokers
and other companies that do business with homeowners. Most of their information is
derived from trust deeds and property tax information from county clerks’ and tax
assessor offices. The files are updated monthly with new homeowner records.
Historical updates are done based on the new monthly information. Every list is
processed through address standardization software.
Generally, the customer record layout contains the following information:
• Name of Homeowners
• Lender Name where available
• Purchase Price
Interest Rate 7% and above
• Origination Date State/County Code
• Current Market Value *
• LTV Ratio *
• Telephone Number **