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.