SPECIAL REPORT
TRAITS of a qualified Reverse Mortgage Loan Specialist
- Have a minimum five years experience in the origination of Reverse Mortgages.
- Encourage all senior borrower’s advisors, both personal and professional, to review the needs and options available to the senior.
- Inform all senior borrower’s to contact a HUD approved specially trained independent counselor who will provide the senior borrower with an objective review of the product.
- Have a reputation for integrity and adhere to the highest ethical standards in dealing with seniors and their advisors.
- Provide you with objective, complete and honest information
- Respects your knowledge and preferences and helps you reach our own decisions.
- Want to build a relationship of trust and credibility with you.
- Helps you make an intelligent decision to determine if this Federal program is the right choice for you.
- Wants the opportunity to place your mind at ease so you will feel secure and comfortable in working with the Reverse Mortgage Specialist.
- Dedicated to educating seniors, not selling seniors
- Be knowledgeable, experienced and respectful
- Inform you how their process works
- Be honest, caring and ethical.
- Explain the financial implications of obtaining a Reverse Mortgage
- Provide other options that may exist including housing, social service, health and financial programs.
- Help provide you with accurate information on the Reverse Mortgage program.
- Provide the senior borrowers with a customer satisfaction survey after closing to obtain an opinion and comments on the loan process.
You don’t want to feel pressured by a Reverse Mortgage Specialist, and you don’t want a Reverse Mortgage Specialist who is clearly more concerned about selling you a loan then meeting your needs.
The right Reverse Mortgage Specialist assures that senior borrowers and their advisors are provided with objective, complete and honest information to assist them in selecting the right reverse mortgage.
The Reverse Mortgage Times is constantly researching the market to find those companies who have a solid track record of reliability, commitment and dedication. We verify Reverse Mortgage Loan Specialists are properly licensed, approved by the Department of Urban Development, and strictly adheres to the NRMLA Code of Ethics.
We encourage you to take advantage of our research and allow us to recommend a qualified Reverse Mortgage Loan Specialists who has passed our high standards examination. This is a FREE PUBLIC SERVICE of The Reverse Mortgage Times.


















