As a licensed
mortgage lender in more than 40 states and an approved FHA and Reverse
Mortgage Lender, Metrocities Mortgage can partner with you and assist your
senior customers in obtaining a reverse mortgage.The
reverse mortgage industry has what is called an "Advisor Program" this
program allows you as a non-FHA approved originator the ability to
consult with seniors on their reverse mortgage needs and utilize
Homestar Direct as the lender of record on FHA Home Equity Conversion (HECM)
reverse mortgages.
Metrocities Mortgage MUST be the company that takes the
application and guides the customer through the remainder of the
process. For your advisor role, Metrocities Mortgage will pay you
up to 25% of our origination fees. There is NO extra cost to the
borrower to work with both an Advisor and an FHA-Approved lender.
For an overview of the Advisor Program,
click here
The agreement that needs to be signed by both you and
the borrower is here
The lender agreement that needs to be signed by both
you and Metrocities Mortgage is
here
The Advisor Certification that must be signed by you
indicating you did assist the borrower in the reverse mortgage process
is here
If you are interest in becoming a HECM loan advisor
please print out a copy of the
lender agreement, fill
it out and fax to 866-649-6842 or contact James Troia at 201-802-0808
for more information.
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