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We assist in identifying, purchasing, and producing customized leads packages for
reverse mortgages. Using a variety of source providers, we work directly
with customer services teams and account executives to provide their customers
some of the best leads available today.
What are Reverse Mortgages?
A reverse mortgage is a special type of home loan that lets a homeowner convert
a portion of the equity in his or her home into cash. The equity built up over
years of home mortgage payments can be paid directly to the homeowner. Unlike a
traditional home equity loan or second mortgage, no repayment is required until
the borrower(s) no longer use the home as their principal residence.
The home must be a single family dwelling or a two-to-four unit property that
is owned and occupied by a homeowner that is 62 years of age or older.
Townhouses, detached homes, units in condominiums and some manufactured homes
are also eligible.
For more information, visit the
HUD website on Reverse Mortgages.
For more information on how we can help, please contact
us today to get the discussion started.
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