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Why originate Reverse Mortgages? It will place your company far above other conventional mortgage brokers. Although there are few originators currently involved in this market, the number is on the rise. Growing interest in the Reverse market makes it even more important to become one of the first to brand your company with the Reverse Mortgage. The potential for growth in the Reverse Mortgage market is substantial. Not only will Reverse Mortgages increase your bottom dollar, they will also allow you to keep qualified loan officers on staff. Adding Reverse Mortgages to your business will change your company’s future, guaranteed. How do I become a Reverse Mortgage Originator? Any F.H.A. approved lender who meets the requirements can start selling Reverse Mortgages. You must first contact a sponsoring lender, click here for a list and contact information. If you currently do not have a F.H.A. license but would like to become approved so you can sell Reverse Mortgages, click here for a list of requirements. Already originating Reverse Mortgages but would like to take the next step? Click here for a list of requirements needed for your Direct Endorsement. With a direct endorsement you will qualify to underwrite your own files.
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