A reverse mortgage, or lifetime mortgage, allows homeowners aged 55 and over to borrow against their home's equity, requiring no monthly repayments.
We're the first loan originators in the retail space for them, and we're hoping to make an impact in it. They've been very supportive, and I'm honored to be in this next chapter with them.
âMost of what weâre focused on now is riding the wave dailyâ¦weâre focused on execution, getting our sales force in front of customers.â â Jesse Allen, emphasizing the importance of execution and daily operations.
About 13% of all complaints were related to applying for a loan or refinancing an existing one. Most of these issues stemmed from an attempt to communicate with the company to fix some kind of an application issue.