Reverse it! is the wholesale division of Urban Financial Group. Reverse it! has quickly risen in the ranks of the reverse mortgage market. As one of the
country’s top lenders, Reverse it! works with other mortgage brokers, banks and credit unions to help seniors from all walks of life eliminate mortgage
payments by unlocking a portion of their home’s equity to use for their needs.
www.reverseit.com
Urban Financial Group is a lender specializing in reverse mortgages and ranks among the top three originators in the United States. Our retail division is
licensed in 42 states, and our wholesale operation (Reverse it!) is licensed in 41 states and Puerto Rico. Urban Financial Group is a proud member of the
National Reverse Mortgages Lenders Association (NRMLA) – which works to strengthen and safeguard reverse mortgages. Urban Financial Group is a subsidiary of
Knight Capital Group.
www.urbanfinancialgroup.com
Knight Capital Group, Inc. (NYSE Euronext: KCG) - a global financial services firm that provides access to the capital markets across multiple asset classes
to a broad network of clients, including buy- and sell-side firms, and corporations. Knight is headquartered in Jersey City, NJ with a growing global presence
across the Americas, Europe, and the Asia Pacific region.
www.knight.com
ABOUT REVERSE MORTGAGES
(Courtesy of NRMLA) Reverse Mortgages are available to seniors 62 years-old and older with significant home equity. They are designed to enable elderly homeowners
to borrow against the equity in their homes without having to make monthly payments as is required with a traditional “forward” mortgage or home equity loan.
Under a reverse mortgage, funds are advanced to the borrower and interest accrues, but the outstanding balance is not due until the last borrower leaves the home, sells,
or passes away. Borrowers may draw down funds as a lump sum at loan origination, establish a line of credit or request fixed monthly payments for as long as they continue
to live in the home.