ReverseVision Lowers Lenders’ Costs to Originate Reverse Mortgages with Restructured Technology Plans and Pricing

SAN DIEGO, Calif., Jan. 14, 2021 (SEND2PRESS NEWSWIRE) — ReverseVision®, the main nationwide supplier of Residence Fairness Conversion Mortgage (HECM) and personal reverse mortgage gross sales and origination know-how, right now introduced it has restructured its know-how plans and pricing matrix to ease lenders’ entry into reverse lending and help their success. The restructured know-how plans will ship better worth to lenders and align its product choices with the corporate’s total goal of enabling lenders to adequately serve senior debtors with all FHA lending applications.

ReverseVision

Beneath the modifications, ReverseVision provides a four-tiered pricing mannequin with entry, retail, premium and enterprise plans tailor-made to satisfy the wants of widespread lender profiles. Lenders at each product tier, from entry to enterprise, will be capable of qualify debtors with RV Gross sales Accelerator’s (RVSA) superior modeling instruments, originate reverse mortgages inside RV Alternate (RVX), and measure buyer satisfaction with STRATMOR Mortgage SAT, a borrower suggestions program that empowers lenders with actionable knowledge and peer-to-peer efficiency benchmarking.

“ReverseVision announced its transformation as an API-enabled reverse platform to bring reverse lending into technological coexistence with forward lending sales and origination,” mentioned ReverseVision Vice President of Gross sales and Advertising and marketing Wendy Peel. “We have both lowered reverse lending’s cost of entry and strongly incented reverse lending program growth by restructuring our product plans.”

“ReverseVision is a hybrid mortgage lending technology,” continued Peel. “While providing a LOS for reverse mortgages, the platform also serves as point-of-sale (POS), pricing engine, rules engine and document engine. Our goal is to create a reverse lending platform that meets the business needs of lenders of every stripe. We believe that borrowers should be presented with all viable lending program options without bias – not steered in any direction.”

ReverseVision’s pricing matrix may be seen at https://connect.reversevision.com/2021pricingmodel .

About ReverseVision

Based in 2007, ReverseVision, Inc. is the main nationwide Residence Fairness Conversion Mortgage (HECM) and personal reverse mortgage gross sales and origination know-how platform, supporting extra reverse mortgage transactions than all different methods mixed. The corporate’s complete product suite aligns to lenders’ distinctive enterprise and operational fashions, connecting all lending individuals throughout your complete reverse mortgage lifecycle. A five-time HousingWire TECH100™ firm, ReverseVision is a privately held firm primarily based in San Diego, California.

For extra data, go to https://www.reversevision.com/.

Twitter: @reversevision #digitalmortgage #HECM

Fb: @ReverseVision

LinkedIn: @ReverseVision

Information Supply: ReverseVision Inc.

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