Buena Park, Calif.-based Sun West Mortgage Company announced the hiring of John Dickinson as the company’s reverse mortgage planner in an effort to expand its west coast operations, joining the company in its office based in Roseville, Calif. according to a company announcement.
Dickinson most recently served as a reverse mortgage advisor at Liberty Reverse Mortgage, according to employment history available on his LinkedIn profile. He has worked in the mortgage industry for the past 30 years, and worked in at least two different capacities during his nine-year tenure at Liberty before moving to Sun West.
“A reverse mortgage is a good financial vehicle for seniors in retirement,” Dickinson said in the announcement of his hiring.
The company looks to leverage his expertise in forging relationships with senior clients as it seeks to expand its reverse mortgage footprint, according to Leif Boyd, managing director at Sun West.
“John brings a wealth of experience and success to our team,” Boyd said. “He leads with client experience and consistently does the right thing for his customer. We are honored that John chose to bring his talents to enhance our growing team.”
In June 2020, Sun West announced that it had reintroduced its “CashKeeper” proprietary reverse mortgage product, which features loan amounts of up to $2,287,500 for an owner occupied primary residence on purchase and refinance transactions. The loan amount is based on factors including interest rate, home value and age of the youngest borrower or eligible non-borrowing spouse. A loan amount reduction is applicable based on the property’s value.
Sun West Mortgage most recently ranked #53 on a list of top 100 reverse mortgage lenders based on retail and wholesale volume compiled by Reverse Market Insight, with a total of 93 endorsements over a period of 12 months ending February 2021. The majority of Sun West’s volume is on the wholesale side, which accounted for over 66% of those endorsements.