It is a privilege to share my reverse mortgage knowledge with you and as a dedicated Reverse Mortgage Professional. It is my goal to provide the highest quality service you expect and deserve.  Understanding that there are many lenders looking for your business, I would like to share the top ten questions you should consider asking a lender in order to earn your business.

 

  1. Are you a member of the National Reverse Mortgage Lender’s Association (NRMLA)? They uphold Best Practices and enforce a Code of Conduct to make sure members treat seniors respectfully and ethically transact business.
  2. Are you Better Business Bureau accredited? What is your rating?
  3. How large is your company?
  4. Who provides your major financial backing?
  5. What is your personal mortgage experience and that of your company?
  6. Will I be pressured to purchase additional products?
  7. Can you offer competitive pricing?
  8.  How soon will my loan be processed?
  9.  Is your company published and respected by national media?
  10.  Do you service your loans?

Compare 1st Reverse Mortgage USA Answers:

  1. Yes.  Senior members of the 1st Reverse Mortgage USA management team are Board Members of the National Reverse Mortgage Lenders Association (NRMLA) and serve as the Co-Chair of the Board of Directors, Chair of the Ethics and Financial Assessment Committees, member of the Independent Certification and State and Local Legislative Committees
  2. Yes. We have earned an A+ rating from the Colorado Better Business Bureau and have earned its highest award, the Gold Star of Excellence.
  3. 1st Reverse Mortgage USA is in the top ten reverse mortgage originators in the nation.
  4. 1st Reverse Mortgage USA is a division of Cherry Creek Mortgage Company, Inc. located in Lakeland, Colorado.  As a privately owned and operated full-service mortgage banking company, Cherry Creek is ranked in the top 25 retail mortgage originators in the Nation with annualized  average volume of over $3.0 billion.
  5. I have been in the real estate finance industry since 1971 and have personally closed nearly 600 reverse mortgage transactions in the past 15 years.  Our staff has hundreds of years of extensive forward and reverse mortgage experience.
  6. At 1st Reverse Mortgage USA, our only product line is reverse mortgages. Our knowledge, experience and attention to detail make the program easy to understand and the process simple.
  7. Yes. We offer competitively priced fixed and adjustable rate reverse mortgages.  As part of our vision, we first and foremost educate anyone and everyone who is sincerely interested in the well-being of seniors.  We believe that every senior homeowner should have the opportunity to make an informed decision about a reverse mortgage after considering all their options.  A company’s expertise, stability and superior service, and not price, should be at the foundation of the decision making.
  8. Many of our loans close in 30 days or less.
  9. Honest. Ethical. Dependable. Solid.  We hear it time and time again, because 1st Reverse Mortgage USA holds fast to straight-forward ideals: passionate service, honesty and a commitment to our customers and our company.
  10. 1st Reverse Mortgage USA has direct endorsement authority from the Department of Housing and Urban Development to originate, process, underwrite, and close reverse mortgages.  It will soon be servicing reverse mortgages also.

Educational note:  I offer free Reverse Mortgage Seminars and Lunch & Learn workshops in your area. If would like a one-on-one meeting or to have a workshop held  at a local meeting, church group, or any other type of function, I welcome the opportunity to help educate you on this product that has changed peoples’ lives. Please call me at 1-909-524-8713!

Phil Goss is a Certified Reverse Mortgage Professional, NMLS #162804, with 1st Reverse Mortgage USA0.  Phil has been serving senior homeowners in Northeast Los Angeles County including Pasadena, West San Gabriel Valley and part of the high desert and Inland Empire for many, many years. For more reverse mortgage information, call 1-626-963-5918 or visit Phil online for a free estimate and view customer testimonials at www.goingforwardinreverse.com