
Business-to-Business
Reverse Mortgages are dramatically increasing in popularity as people come to understand their many possibilities. Showing exciting growth, Reverse Mortgages are up 77% this year. In 2006 the FHA insured 76,000 HECMs (commonly called Reverse Mortgages) as of October, an impressive increase from the 43,000 insured the year prior. The immense growth of this service is well warranted- it is an excellent vehicle for financial professionals to improve and enhance their senior clients’ lives. Robert M. Couch, the President of Ginnie Mae further illustrates this point, "Reverse Mortgages are a good way for many seniors to stay in their homes, maintain ownership, and access an additional stream of income to enhance their retirement".
Through proper education, more retirees are recognizing that the home they have financially and emotionally invested in for many years can now take care of them. By using a Reverse Mortgage to access the equity accumulated over 20 to 40 years, seniors can live more comfortably with independence and peace of mind.
Even with recent expansive growth, there is still a large untouched client base. The total potential clients for a Reverse Mortgage are estimated at 65 million and growing. Furthermore, projections show baby boomers as major consumers, first for their parents, and then for themselves.
Stay In-Home Mortgage is committed to assist you in this promising opportunity.





