The reverse mortgage industry can be lucrative – but jumping in for the first time can be nerve-wracking. That’s why originators looking to get into the reverse space should work with a company that’s willing to take the time to work with them as they learn
The reverse space is always looking to grow. But why should a traditional originator add reverse mortgages to a product mix that’s already doing just fine?
Right now, the reverse industry is tapping just 2% of the eligible market. But the reverse industry is set to expand, according to Kimberly Smith, senior vice president of wholesale lending for American Advisors Group
The reverse space is growing, and a top AMC and title insurer is making it easier for loan officers to originate reverse mortgages
Adding reverse to your product mix can be lucrative -- but it's not something you want to just dabble in
The reverse industry has a huge client base to draw on -- but its market penetration will remain limited unless more originators enter the space