As the credit crunch spreads into the proprietary reverse mortgage business, it is beginning to cause issues for both originators and borrowers with dwindling options for these products. Welcome to the land of the Double Application.
Many loan originators have begun having to originate two reverse mortgages at the time of application never knowing if one […]

Looking for a fixed rate jumbo reverse mortgage product for people under 62?  Then Gold Reverse is a lender that you need to take a look at.
Unlike your typical HECM loan, the Gold Reverse program doesn’t charge the borrower any mortgage insurance premiums and there are no servicing set aside fees.  The product also […]