Retirement News with Professor Craig

Retirement News with Professor Craig

The Retirement News blog is dedicated to the financial and physical health and well-being of older Americans. 
Whether you're already in or nearing retirement, you will find important, topical information in the blog to help you make informed decisions on your road to retiring more freely.
As a 25-year veteran in the financial services industry and a certified trainer and teacher, Professor Craig's #1 goal is to help you thrive in retirement with financial peace of mind. 

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RMF Newsroom, Consumer Direct, Distributed Retail

Reverse Mortgage Funding Expands Operations to West Coast

Opens Storefront Sales Office in Lincoln, California

Bloomfield, N.J., February 25, 2015 — Reverse Mortgage Funding LLC (RMF) today announced it has opened a storefront sales office in Lincoln, California, a submarket of Sacramento. RMF’s new office is located at 1510 Del Webb Blvd. in Sun City Lincoln Hills by Del Webb, the largest active adult community in California, which is comprised of approximately 7,000 homes.

“We are excited to expand our operations to the West Coast and look forward to leveraging our expertise and innovative products to help older homeowners live a more comfortable and secure retirement,” said David Peskin, President of RMF.

RMF’s Western Regional Sales Leader, Eric Ellsworth, will manage the California region and will be supported by a team of six talented sales professionals. Collectively, these individuals boast almost 90 years of industry experience working at companies such as Commerce Mortgage, Security One Lending, Republic Mortgage, Liberty Home Equity Solutions and High Tech Mortgage:

  • Mary Alice Cardenas
  • William Smith
  • Robert France
  • David Stormont
  • Olaf Hanson
  • Hank Rhoads

Richard Thorpe, RMF’s National Retail Sales Channel Leader added, “Our new office is ideally situated in California’s largest active adult community and we are confident Eric and his team possess the experience and relationships to effectively introduce our brand and products to the market.”

Individuals interested in joining RMF’s Western sales team should send their credentials to careers@reversefunding.com.

About Reverse Mortgage Funding LLC

Reverse Mortgage Funding LLC was established in July 2012 and is led by industry veterans Craig Corn, Robert Sivori, and David Peskin. These executives have an average of more than 20 years of experience in building and, most importantly, growing firms in the industry. The Company has offices in New York, New Jersey and California. Learn more by calling (877) 820-5314 or visiting www.reversefunding.com

Media Contact:
Jason Chudoba
203-682-8200
jason.chudoba@icrinc.com

L115-Exp022016

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A More Flexible Home Equity Loan

If you’re 62 or older, there is a home equity line of credit option that offers greater financial flexibility than a traditional Home Equity Line of Credit (HELOC). It’s called a Home Equity Conversion Mortgage (HECM) line of credit. 
If you have an existing mortgage or home equity loan you could refinance them with a HECM line of credit and get enhanced benefits, including a flexible payment feature and a line of credit that GROWS when left untouched.
As with any mortgage, you must meet your loan obligations, keeping current with property taxes, insurance, and keeping your home in good condition.


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