Lending

3 Things “Game Changing” Mortgage Companies Focus On

5 mins read
March 8, 2017
By
Total Expert

The mortgage and real estate industry has been flipped on its head with the launch of “Rocket Mortgage” and other similar technology initiatives. These platforms focus on removing the friction from the traditionally high touch business of buying and financing a home. As the pace of change continues to accelerate, the stakes have never been higher. For the companies that execute and adopt changing technology, market dominance and a future paved with the largest pool of home buyers in American history awaits. On the other hand, the companies that remain unfocused and uncommitted to true innovation can expect to have their market share eaten by a faster-moving, more innovative, and more aggressive competitor.    

After several years of in-depth analysis, I have found key areas of focus that the fastest growing and widely considered “game changing” companies have in common. Here are a few that stood out:

An Authentic Brand

Today’s home buyers are well informed and crave authenticity in the brands (i.e., both companies and practitioners) with whom they choose to do business. “Canned content” is not something game changing companies use or rely on— ever. You generally won’t see these companies deploying cheesy cartoon videos and hacked together marketing pieces with a faded logo and a 1990’s graphic design. But what you will see coming from these companies is high quality and exceptional authenticity branding.

Millennials, which happen to be the largest segment of homebuyers in American history, are highly sensitive to “marketers” and continue to improve their innate skill of tuning out unwanted messaging and marketing.  

Fresh content with crisp branding that focuses on providing knowledge and education is proven to win both the attention and the loyalty of this massive group of home buyers.

Commitment to Innovation, No Exceptions

The game-changers are constantly focused on innovation, and work hard to establish a solid foundation capable of scaling as the business grows.  This foundation is typically comprised of core systems and applications that have a flexible architecture complete with open API’s. By having the right core systems in place, it is much easier to connect new data sources, iterate rapidly, course correct as changes in the market arise, and capitalize on enhancement opportunities.

Companies that are not focused on rapid growth tend to dip a toe in the water rather than committing to long term innovation.  Game-changers do thorough research, seek out thought leaders and advisors, select the best partners, and go “all in.” They are thinking as much about the business needs of the future as they are about today’s needs.  Therefore, they make long-term decisions and are likely to avoid the “me too” solutions that are popular with the overall market. They are thinking differently— generally much bigger.

Exceptional Employee and Customer Experience

Employee Experience

To deliver the best possible employee experience, great companies focus on removing friction from every touch point, which makes it simple to interact and engage with them. Many of the best companies in the world believe passionately that the single best way to build a great company is to have happy employees with high job satisfaction who believe in the vision of the leadership. While this may seem obvious, it is often far more complex than those simple components. Building a great company with passionate employees demands a more thorough analysis of the techniques utilized in onboarding, training, technology, and communication.

Customer Experience

The post-Uber world has made people hyper-sensitive to anything that does not deliver instant gratification.  By frequently examining all of the engagement points through which a customer interacts with their brand, top companies are continuously able to adjust. They focus on the entire lifecycle of the customer— from lead, to post-close, and then referral and retention.

One of the most effective techniques used to improve employee and customer experiences is creating an initiative where members of the executive team go through all the touch points employees and customers have with the company.  They are asked to document their findings and make a list of necessary improvements. Instead of getting bogged down in months and months of analysis, they make subtle weekly adjustments, which over the course of a year yield major changes.

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For years, lending organizations have measured technology's value by a simple test: did it get people to log in and complete a task? New dashboards, new buttons, and new workflows all designed to change human behavior just enough to extract a little more efficiency from the same process.

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What breaks when the old ceiling stays in place

Joe used an analogy at the 2026 HousingWire AI Summit to capture the stakes: a farmer who just got a bigger, faster horse looks to the neighbor’s field and watches them ride by on a tractor. Incremental improvements, like faster horses, were the best option for decades. That's not the case anymore.

The risk isn't hypothetical. We still see lenders asking AI to slightly improve an existing workflow, rather than asking what their workflow should look like with AI built in from the start. And the lenders who are still chasing incremental improvements will find themselves outpaced by competitors who were willing to embrace a new mindset, a new strategy, and new era.  

Joe also highlighted that speed and speed alone will not set you apart. Context will be the critical differentiator in an AI-enabled world. Being the first one to engage a borrower is great, but only if you actually have something to talk about. Historically, a legacy database only knew what a person remembered to type into it. If that information wasn't captured, the system, and the loan officer, wouldn't be able to use it for the next conversation.

Context is king, and the mindset shift that gets you there

This is where Joe took the conversation from diagnosis to direction. Total Expert's Customer IQ continuously aggregates zero-, first-, and third-party data to create a complete financial profile and interaction history for every customer. This provides lending teams with the context they need at the exact moment it matters, whether that's to a loan officer having a conversation or an AI agent handling a task automatically.  

To put things in a perspective that everyone can understand, Joe drew a comparison to how streaming platforms already personalize recommendations based on what the user has watched or listened to previously—i.e., context. When that context is missing, it's obvious and often frustrating. He argues borrowers feel that same disconnect when their lender's outreach doesn't reflect where they actually are in their financial journey.

This level of change doesn't happen without friction. There will be individuals, teams, and even entire organizations that resist this shift. But leaders have to be clear-eyed about the realities of how our industry is evolving and, more importantly, how consumer expectations are driving that evolution.  

The reframe Joe’s pushing lenders toward is to stop measuring success by tasks completed, and start measuring it by the lifetime value of the customer relationship. He calls this “turning relationships into appreciating assets," where organizations never lose a customer and continually find new ways to add value to that relationship over time, rather than treating every interaction as a standalone transaction.

The takeaway

AI doesn't create value on its own. It creates value when it's grounded in real customer context, embedded in the actual workflow, and pointed at a bigger goal than getting a task done faster. For lenders willing to rethink the engine itself, Welu says the payoff isn't incremental. It's the same seismic shift that farmers experienced when they realized that even the slowest tractor was more efficient than the fastest horse.

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