Offering the HECM reverse mortgage has been a smart business move for Open Mortgage. Our strategy to get into the product early has allowed us to serve growing borrower demand, build our internal expertise and prepare to serve loan originators in a wholesale capacity, supported along the way with tools delivered by ReverseVision.
ReverseVision LOS is the most tenured and experienced HECM origination software in the residential mortgage industry. Our solution is a lending platform supporting retail, wholesale, and correspondent business channels that specialize in the manufacturing of residential HECM (reverse) mortgages. ReverseVision LOS also supports origination and closing of reverse private loan programs that Lenders may offer for borrowers 55+.