A large portion of Stultz's reverse mortgage business comes from California, where nearly half of his 160-plus transactions were completed. Additional hotspots include Seattle, Southern Florida, and Texas. The top five reverse mortgage originators nationally include Dennehy, who exclusively works in California; Windsor, who covers both coasts; and Simon, whose focus is Southern California alongside Nashville and Las Vegas. These originators have engaged in significant transactions, with loan amounts reaching as high as $6 million for premium properties.
According to Modex, nearly half of Stultz's over 160 reverse mortgage transactions in the past year originated from California, with additional activity noted in the Seattle area, Southern Florida, and Texas.
Dennehy's entire $153.84 million in reverse mortgage transactions occurred in California, showcasing his strong ties to the market and partnerships with companies like The Money House Inc.
Windsor's territory encompasses both coasts, with clients from New York and Southern California, achieving loan amounts up to $6 million for properties like those in La Jolla, California.
Aline Simon has focused her reverse mortgage business in Southern California, along with dealings in Nashville and Las Vegas, indicating diverse geographic outreach despite a primary concentration.
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