“FirstBank has a fantastic track record in this unique lending arena,” says Rich Swerbinsky, chief operating officer for The Mortgage Collaborative, in a release. “I am confident their high level of customer service and common-sense underwriting will benefit Mortgage Collaborative members. Adding their Senior Lending Division to our preferred partner network is a natural fit.”
FirstBank’s Senior Lending Division maintains a national full-service reverse mortgage fulfillment platform.
“Our leadership team is excited about the newly formed partnership with The Mortgage Collaborative,” says Rob Henger, senior vice president and director of mortgage banking for FirstBank. “I am very confident that our reverse mortgage department will become a trusted advocate for any collaborative member that wants high-touch assistance in reverse mortgage third-party origination.”
With the addition of FirstBank, The Mortgage Collaborative now has more than 120 lender members, with an aggregate annual origination volume of more than $200 billion.