Reverse Mortgages for homeowners age 62 and older.
A home equity conversion mortgage (HECM) can help your friends and family enjoy a more comfortable retirement in their home without repaying the debt for as long as they live in their home as their principal residence.
Keywords: HECM, Reverse Mortgage, Refinance
Interview Q&A
How long have you been in business?
10 years of mortgage experience, mostly in Reverse Mortgages with the "Big Box" lenders such as Wells Fargo and MetLife Bank. With a smaller operation such as the Reverse Mortgage Network, I am able to give more personalized time to each individual and to get their loans closed in a much shorter time period.
What is your primary product or service?
Home Equity Conversion Mortgages (Reverse Mortgages) for senior homeowners age 62 and older. Also, you can use the HECM to purchase a new home.
How did you first become interested in your line of business? (if owner) - What is your background? (If owner or store manager)
I felt a need to help our seniors enjoy their retirement years by providing them with a source of funds to help meet their everyday financial obligations and have some fun along the way.
How do you differentiate yourself from other businesses in your category and area?
I provide experienced, one to one service in order to make sure the client gets the best product for their situation. Every reverse mortgage is tailored to meet the individuals needs.
How many locations do you have and do you have plans to expand?
Currently, I am licensed in Pennsylvania and Ohio.
Provide detailed directions to your location
I will meet with my clients in their homes so they do not have to travel to my location. If they prefer to meet in my office, arrangements can be made for the convenience of all involved.
What type of payments do you accept?
The only upfront cost to the client is the appraisal fee which can be paid by cash, check or credit card.
Which areas do you service?
The entire states of Pennsylvania and Ohio.
Who owns your company or runs daily operations?
Maverick Funding Corp. NMLS#7706, Executive Offices, 1160 Parsippany Boulevard, Suite B, Parsippany, NJ 07054. Toll Free 888-616-6866. Licensed by the California Department of Corporations, License #4131048 RMLA and License #603H799 Finance Lender Law; Maverick Funding Corp. Massachusetts Lender License #ML3257; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed by the Pennsylvania Department of Banking; Rhode Island Licensed Lender; Licensed by the Virginia State Corporation Commission, License #MC5352; also Licensed in AL, CT, DC, DE, FL, GA, IN, KY, ME, MD, MN, NC, OH, TN, VT, WV. Oregon Mortgage Lending License ML-4961. Texas Mortgage Banker Registration. Washington Consumer Loan License #CL7706. Equal Housing Lender.
What are your hours of operation?
Normal busines hours of 9-5, Monday through Friday, but special arrangements can be made to suit the client.
What is the best compliment anyone can give you?
I was fair, honest, and upfront in everything that I do.
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