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Speak to more people that may be interested in a
Reverse Mortgage.
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Complete a loan application accurately and
legibly.
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How to properly stack an application.
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Perform their tasks and return conditions that
make sense the first time.
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Understand the details and variables of a
Reverse Mortgage and how to share it with a Senior.
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Use our Reverse Mortgage Website as a way to
generate income.
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Offer a Reverse Mortgage as a service and not a
product.
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Use the GFE financial calculator.
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Explain GFE's, TIL's, APR's, and closing costs
to borrowers so they understand them.
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Improve Communication skills.
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Improve House call skills.
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Get a commitment from a borrower.
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Understand secrets (there are four!) of
successful loan officers.
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Understand specific and tested marketing
programs that will bring in business - guaranteed.
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Utilize direct mail pieces, lead companies,
fundraising programs, email ideas, website solutions,
inexpensive advertising ideas, pre-written letters, flyers,
knowing how to cultivate referrals and more.
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Getting Organized.
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Conversation Sheet.
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Things to Do Today
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The Pre-Application Interview.
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Additional Information Checklist.
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The Face-to-Face Interview.
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Explain the Reverse Mortgage Program.
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How Much the House is worth.
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How to get the payoff amount from the Mortgage
Lender.
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Addendum to Good Faith Estimate.
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Lock-In Agreement.
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The Truth-in-Lending Disclosure.
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Completing the Loan Application.
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Checklist of Documents Needed at Loan
Application.
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Equal Credit Opportunity Notice.
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Notice Regarding Your Uniform Residential
Appraisal Report.
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Mortgage Servicing Transfer Disclosure.
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Authorization to verify credit.