This program is available to homeowners ... offers the standard reverse mortgage options — HECM, HECM for purchase and jumbo loans. Their interest rates are competitive, but other companies ...

Its HomeSafe program ... HomeSafe for Purchase, jumbo reverse mortgages and second-lien reverse mortgages. It also provides retirement strategies and wholesale reverse mortgage opportunities ...

Longbridge also offers the HECM for Purchase reverse mortgage, enabling seniors to ... rate can be fixed or variable depending on the loan program and the borrower's preference.

The Veterans Affairs Servicing Purchase (VASP) program was launched in late May 2024 to purchase defaulted VA loans from outside mortgage servicers. Officials would then modify the terms of the ...

Now fully integrated into the HECM Tool's visual interface, loan officers can easily compare and present both HECM and proprietary reverse mortgage options for refinance or purchase transactions.

Guild offers reverse mortgages as well. In 2021, Guild Mortgage had a total of 82,414 home purchase loan applications. Of those applications, about 75% (62,162) turned into closed loans ...

In part, that's because property is usually the single biggest purchase ... “How the HECM Program Works.” Consumer Financial Protection Bureau. “CFPB Study Finds Reverse Mortgage ...

and launched its first online reverse mortgage calculator. By the mid-2000s, the company had developed other tools including amortization schedules, term loans and APRs and program selection.

GIG HARBOR, Wash., April 22, 2025 /PRNewswire/ -- HECM Tool, the leading reverse mortgage sales and conversion software, announced the integration of Smartfi Home Loans' Choice Fixed proprietary ...