Still Not Offering Reverse Mortgages?
What Are You Waiting For?
Meet Your Account Executive
Ben Brasier – NMLS #795108
National Reverse Mortgage Account Executive
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
- Proposal/Reverse Numbers
- FHA Case Numbers
- Services Ordered
- 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)
- We make doing Reverse Mortgages EASY on you!
- ALL reverse programs with rates/pricing: Premiums* between 4 to 19 pts
- Great Turn Times for approvals (Refinance and Purchase)
- Submit New HECM’s without an appraisal – Clear the condition later
Proprietary HomeSafe** Jumbo Reverse – LOC Available
- Values of $850K+ & Non-FHA Condos $500K+
- NO MIP (Max $4 Mil loan amt)
- Adjustable Rate LIBOR with Line of Credit
- Fixed Rate options with LENDER Paid Credits
- NO COST LOAN Options (See matrix)
- More Non- FHA equity based programs coming soon
Proprietary Equity Avail – Hybrid retirement mortgage - Fixed
- Values of $100k to $7.5Mil
- Much higher LTV than HECM or HomeSafe
- No MIP
- 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
- Brokers, Principal Agents and Closed Loan Sellers
- Awesome Support, Training, Marketing and more
- We will help you structure, price, disclose and more, We Make It EASY…
- 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.
- 11,000 turning age 62 a day, Growing Market!
- Aging Client Data Base, You are currently getting reverse leads and you don’t know it
- You did their purchase, their refinance and now its time for a reverse
- Feel good program, Helping Seniors and it pays (Great Lender Paid Premiums*)
Marketing designed for Broker success!
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...
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,...