October 29th, 2007 | by admin | published in RM Products, Reverse Mortgage, Sun West
Sun West Mortgage Company recently released their new LIBOR based HECM product, the Simple HECM™. We’ve already seen LIBOR based HECM products from Lender Lead Solutions and Financial Freedom but the Simple HECM is a little bit different than the rest.
The Simple HECM is a lot like LLS’s LIBOR Flex Advantage product in the […]
August 28th, 2007 | by admin | published in 1st Reverse, Jumbo RM Products, RM Products, Reverse Mortgage, Sun West
While there has been talk of lenders no longer offering the HECM 100, 1st Reverse Financial continues to release new products to their brokers. A few weeks ago, 1st Reverse released their new HECM Pathway which is an FHA insured loan created to serve those needing more funding assistance than is provided by any […]
August 23rd, 2007 | by admin | published in 1st Reverse, Financial Freedom, HECM, LLS, RM Products, RMLN, Reverse Mortgage, Sun West
The past week or so has been an interesting time in the reverse mortgage world. Early last week, out of nowhere I received an email from Sun West that said they would no longer accept any HECM 100 submissions unless it was already in the current pipeline. Surprised?… Yes. Shocked… no. With the liquidity crunch […]
John R. Yedinak is a licensed Loan Originator and works for Vacation Finance An Illinois Residential Mortgage Licensee.
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