With conventional mortgage and refinance activity beginning to wane, the hotbed of interest in the mortgage industry has been in Reverse Mortgages. They not only serve to produce additional revenues, they also offer opportunity to bolster community stability through a resurgence of working capital. The U.S. Census Bureau estimates the total number of elderly households, 65 and over, has grown by more than 5.6 million since 1980 to 22.1 million. Additional research suggests that elderly homeowners have an accumulated $1.8 trillion in home equity. These two factors combined create a significant market opportunity for any astute lending institution. As these potential customers grow in familiarity and comfort with this product we would like to help you convert them into new business for you in the years ahead.

Whether you are just starting out in the reverse mortgage business or whether you have been involved in this part of the industry for years, now is a great opportunity to grow this revenue stream. Having the right business partner to get your loans closed is the key to your success.

Why Partner with CLS?

Simply put, experience. As one of the nation’s leaders in providing settlement and title services, we have handled literally thousands of reverse mortgage transactions since 2001. Our friendly and knowledgeable staff of mortgage closing professionals will treat all your transactions with the attention to detail and thoroughness that has become our staple of service. We assign all your loans to one team that oversees the entire transaction. They will work closely with the closer assigned to each loan and make sure that your borrower has a pleasant and stress free closing experience. We will close at your borrower’s convenience, including in their home and at the time of day they are available. Yes, that means nights and weekends!