Ben Brasier NMLS #795108 (714) 421-2069 bbrasier@FAReverse.com

Still Not Offering Reverse Mortgages?

What Are You Waiting For?

Meet Your Account Executive

Ben Brasier – NMLS #795108

 

National Reverse Mortgage Account Executive

(714) 421-2069

BBrasier@FAReverse.com

Training, Support & Tools you Need to Broker Reverse Mortgages

We Make Offering Reverse Mortgages Easy on our Partners. (FHA, Homesafe Jumbo and EquityAvail)

When you become a partner, your team of reverse experts will help all the way through funding.

Step by Step Process

  1. Proposal/Reverse Numbers
  2. Counseling
  3. Disclosures/Application
  4. FHA Case Numbers
  5. Services Ordered
  6. Submit to Underwriting

TOP 5 Reasons Brokers use FINANCE OF AMERICA REVERSE

To help build their businesses
Nation’s #1 Reverse Wholesale Lender for 10 Years (FHA and Jumbo)
    1. We make doing Reverse Mortgages EASY on you!
    2. ALL reverse programs with rates/pricing: Premiums* between 4 to 19 pts
    3. Great Turn Times for approvals (Refinance and Purchase)
    4. Submit New HECM’s without an appraisal – Clear the condition later
Proprietary HomeSafe** Jumbo Reverse – LOC Available
    1. Values of $850K+ & Non-FHA Condos $500K+
    2. NO MIP  (Max $4 Mil loan amt)
    3. Adjustable Rate LIBOR with Line of Credit
    4. Fixed Rate options with LENDER Paid Credits
    5. NO COST LOAN Options (See matrix)
    6. More Non- FHA equity based programs coming soon
Proprietary Equity Avail – Hybrid retirement mortgage - Fixed
    1. Values of $100k to $7.5Mil
    2. Much higher LTV than HECM or HomeSafe
    3. No MIP
    4. Monthly payments are less than interest-only for 10 years, then the payment drops off, no more mortgage payments
No Experience Needed, No Additional Overhead
    1. Brokers, Principal Agents and Closed Loan Sellers
    2. Awesome Support, Training, Marketing and more
    3. We will help you structure, price, disclose and more, We Make It EASY…
    4. In-House Processing if needed (average 30 days to close) – FREE for all Jumbo Reverse loans
Reasons to Offer Reverse Mortgages – Tap into a broader client base.
    1. 11,000 turning age 62 a day, Growing Market!
    2. Aging Client Data Base, You are currently getting reverse leads and you don’t know it
    3. You did their purchase, their refinance and now its time for a reverse
    4. Feel good program, Helping Seniors and it pays (Great Lender Paid Premiums*)
  1.  

Marketing designed for Broker success!

 

Reverse Mortgage – a valuable retirement tool

Reverse Mortgage – a valuable retirement tool

Did you know that reverse mortgages are becoming a valuable retirement tool and as a FAM partner you can offer reverse mortgages too?Here are some the general requirements (age, equity, etc.).Attached is a guide that will help you start the retirement...

read more
Are you making the most out of your lead list?

Are you making the most out of your lead list?

There are many reasons a forward mortgage may not be the right fit for your borrower, so before passing up on the opportunity to serve them, consider a reverse mortgage. A reverse can be used to refinance an existing mortgage, or purchase a new home. To get started,...

read more