Skyline Financial Corp. Lies Groundwork for brand new Opposite Home loan Department with Technical, Knowledge of ReverseVision
San diego, Calif., (SEND2PRESS NEWSWIRE) – ReverseVision, the leading vendor away from software and you can tech towards the contrary financial world, keeps forged a partnership having Skyline Financial Corp. (Skyline Lenders and you can NewLeaf Financing) to help with the new lender’s broadening opposite financial department which have Camper Exchange (RVX) mortgage origination technology and you can Camper College or university (RVU) education software.
One of several country’s best 50 mortgage brokers and a leading federal issuer away from Ginnie Mae ties, Skyline has actually began a modest amount of FHA-covered domestic-collateral conversion mortgages (HECMs) typically, mostly to the a crossbreed correspondent base. Based on globe experienced and you may has just designated Division Vice-president Joe Renner, Skyline became willing to focus on becoming a complete-fledged reverse mortgage lender.
“The home-equity conversion process financial is normally missed once the a viable family-guarantee option, and it’s especially underutilized as a way of shopping for a house. Because of the increasing the merchandising operate and you can growing HECM issues to your general channel, we are able to better serve the needs of Skyline consumers,” said Rinner. “Obtaining the right technical and you can training from ReverseVision try our first step.”
ReverseVision’s RVX functions as a centralized exchange, linking all professionals throughout the lifecycle out-of an opposing mortgage and you can permitting them to log in to one program to fairly share data files and you can suggestions for each the main loan techniques. (más…)