Creating Your First Facebook Ad For Mortgage Leads

by Aidan Paringer

Summary

This article discusses crafting effective Facebook ads for the mortgage industry. Learn about targeting specific demographics, using compelling visuals, and writing persuasive copy. Discover strategies for optimizing campaigns for higher engagement and conversions. By the end, you’ll know how to make Facebook ads work for your business.

 

Facebook advertising is one of the most cost efficient and hyper targeted way to advertise your business online. More and more of the world largest brands seem to be catching on to this fact each day as companies like Apple and Nike begin to move more of their advertising budget from TV over to Facebook and other digital ad platforms. With a user base of over 2.2 billion people, it’s no wonder advertisers are flocking to their platform. In this video we walk you through exactly how to use Facebook’s advertising platform and create your own facebook mortgage ads to draw in more leads.

Already Using Facebook Mortgage Ads? Check out our eBook on
leveraging your Facebook leads to attract top Realtor partners.

 

Here are some of the important pieces of information you’ll need from the video.

  • Facebook has 2,000 different points of data that they’re constantly compiling on us. On an individual level this may be a bit scary but from a business standpoint this allows us to target our perfect customers with incredible accuracy.
  • We’ve seen the most success with the following detailed targeting settings: Behaviors – Likely to Move, Demographic – Renters, Interests – Real Estate.
  • Try to make your ad copy as consumer-centric as possible, make it about them, not you and always make sure your copy ends with some sort of call to action.
  • We recommend an image that allows someone to visualize their future.
  • The less fields you have on a form the more sign-ups you’ll get and the more fields you have on a form the more you’ll be able to qualify a lead right off the bat. Play around with different form lengths to find what works best for you.

Check Out Our Full Guide To Creating Mortgage Facebook Ads
Mortgage Facebook Advertising

 

Key Takeaways

  • Use Audience Targeting Tools

Targeting specific demographics boosts ad effectiveness.

  • Craft Compelling Ad Copy

Clear, concise messaging grabs attention and drives action.

  • Monitor and Optimize Campaigns

Regular adjustments improve performance and maximize ROI.

 

Commonly Asked Questions 

  • Why are Facebook ads effective for mortgage professionals?

They offer precise audience targeting and cost-effective exposure to potential borrowers.

  • What types of ad formats work best for mortgage campaigns?

Carousel ads, lead generation forms, and video ads perform well in driving engagement.

  • How can mortgage professionals ensure compliance with ad policies?

By clearly stating terms, avoiding misleading claims, and adhering to housing-related advertising guidelines.

  • What metrics should lenders focus on when running Facebook ads?

Conversion rates, click-through rates, and cost per lead are crucial metrics to monitor.

Aidan Paringer
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