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« Reverse Mortgage News Headlines
Financial Freedom Releases LIBOR Based Reverse Mortgage »

Lender Lead Solutions Releases Jumbo Reverse Mortgage Product

October 15th, 2007  |  by John Yedinak Published in LLS, Products, Reverse Mortgage  |  5 Comments

LLS_logo_rgb Lender Lead Solutions has been busy announcing new products like the LIBOR based reverse mortgage and now they have officially announced the release of their Equity Plus Advantage proprietary jumbo reverse mortgage product.  The new product is structured just like their Prime Advantage product which gives brokers flexibility with margins when working with seniors.   

“With the backing of KBC Financial Products, we are now in a solid position to offer new proprietary products like the Equity Plus Advantage,” said David Peskin, chief executive officer for Lender Lead Solutions. “LLS will continue to develop these new products, further aiding our broker partners to provide a broader line of reverse mortgage loans to their clients.”

The proprietary jumbo reverse mortgage product is now available directly from LLS retail and wholesale divisions throughout California, Florida, Arizona and New Jersey. Availability in additional states will follow.

Lender Lead Solutions Introduces Equity Plus Advantage Reverse Loan Product (Business Wire)

Technorati tags: Reverse Mortgage, Reverse Mortgage News, HECM, Lender Lead Solutions, Robert Wagner


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  • Melissa Hill

    Am looking for a reverse mortgage on a $2,700,000 lakefront home. Would like to have $450,000 or $500,000 cash…if possible. Is there anyway to accomplish this?
    Will a Jumbo Reverse Mortgage accomplish this – What is my cost?
    Thanks!
    Melissa

  • http://AskLeoM.blogspot.com Leo Margilaj

    Melissa,

    If you’re still looking for a mortgage loan then a reverse mortgage could accomplish this.

    Leo

.

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