If you've recently applied for a mortgage, you may have noticed an influx of unsolicited calls, emails, or even text messages from lenders you’ve never contacted. It can be frustrating and confusing—especially if you’re wondering how they got your information.
Rest assured, Manzano Mortgage Co. does not sell or share your personal details. The real reason behind these unexpected communications lies in something called "trigger leads."
What Are Trigger Leads?
Whenever you apply for a mortgage, your lender pulls your credit report to assess your creditworthiness. This inquiry is recorded by the credit bureaus (Experian, Equifax, and TransUnion), signaling that you’re actively looking for a loan.
These credit bureaus then sell your information to other lenders, who use it to target borrowers with competing loan offers. These sales generate what’s known as trigger leads—which is why you might start getting calls or emails from lenders you’ve never heard of.
Why Are Companies Using Trigger Leads?
Lenders and mortgage companies buy trigger leads because they want to compete for your business. By contacting borrowers who have recently had their credit pulled, they hope to persuade you to switch to their mortgage services.
Unfortunately, some of these lenders use misleading tactics. They may imply that they’re connected to Manzano Mortgage Co. or another lender you’re working with, even though they are not. If you receive these calls, be cautious—many of these lenders use aggressive sales tactics to get your attention.
Is This Even Legal?
Yes, selling trigger leads is legal under the Fair Credit Reporting Act (FCRA). The credit bureaus are allowed to sell your contact information to other lenders, and there is no way for your mortgage lender to prevent this from happening.
This means Manzano Mortgage Co. has no control over these calls, nor do we participate in selling customer information.
How Can You Reduce Unsolicited Mortgage Calls?
The best way to minimize these unwanted offers is to opt out of trigger leads before applying for a mortgage. Here’s how you can do it:
Visit OptOutPrescreen.com – This is the official website where you can opt out of prescreened credit offers.
Call 1-888-5-OPT-OUT (1-888-567-8688) – This will stop credit bureaus from selling your information for unsolicited offers.
Register on the National Do Not Call Registry at www.donotcall.gov.
Keep in mind that opt-outs take about five days to process, so if you've recently applied for a mortgage, you might still receive some calls before the changes take effect.
Final Thoughts
We understand how frustrating these calls can be, and we want to assure you that Manzano Mortgage Co. is committed to protecting your privacy. If you ever have questions about your mortgage or need clarification on any offers you receive, don’t hesitate to reach out to us directly.
📩 Email: Chris@ManzanoMTG.com
🌐 Website: ManzanoMTG.com
📍 Instagram: @ManzanoMovesMiami
Let’s keep your home financing process smooth, transparent, and stress-free!
Disclaimer
The information provided in this blog is for general informational purposes only and does not constitute legal, financial, or professional advice. While every effort is made to ensure the content is accurate and up-to-date, laws and regulations may vary, and individual circumstances differ. For personalized advice, please consult a licensed professional.
Manzano Mortgage Co. is not a law firm, and this content should not be considered a substitute for legal advice.
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