Sun West Mortgage, based in Cerritos, Calif., has released a new version of its flagship reverse mortgage software, ReverseSoft. This latest edition features an intelligent Import-a-Loan Wizard that automatically and seamlessly converts a loan application taken on a conventional, non-reverse mortgage system into a reverse mortgage loan, the company says.
Sun West has planned many more innovative features scheduled to be released in the coming weeks and months. These features are designed to enable mortgage companies to expand their footprint in the reverse mortgage market place.
Sun West's partners have full access to ReverseSoft, the firm adds. Partners can originate loans, draw vendor services and monitor their pipeline on a real-time basis at no cost.