Trust Lending, a national mortgage banker, has gone live with ReverseVision’s Exchange (RVX) platform for its wholesale lending channel.
ReverseVision is a national provider of Home Equity Conversion Mortgage (HECM) and private reverse mortgage sales and origination technology.
Trust Lending is a mortgage banker that has been in business for more than 15 years. The lender recently implemented ReverseVision’s Exchange loan origination system (LOS) to automate the reverse lending process. Trust Lending is leveraging RVX to provide elevated service to senior borrowers, tech tools for brokers, and service an underserved market.
“Trust Lending established the foundation of our business based on trust and excellence in service—not only for our borrower customers but also for our highly valued broker network,” states Cesar Robledo, reverse mortgage manager at Trust Lending. “ReverseVision’s technology platform helped Trust Lending expand operations into the reverse mortgage business, and it gives our employees and brokers the functionality they need to efficiently originate, manage, process and close reverse loans with ease. ReverseVision’s LOS has become the technology backbone of our reverse mortgage operations and we are excited about our newfound ability to scale this side of the business.”
“It’s refreshing to see a tech-savvy independent mortgage banker like Trust Lending implement technology to help their brokers penetrate the reverse market,” says Joe Langner, president and CEO of ReverseVision. “There is a tremendous amount of opportunity for forward lenders to easily get into reverse mortgages and capitalize on an untapped market. Not only does it add a healthy revenue stream to the topline, but it also helps our seniors get the best loan product for their specific retirement situation. It’s a win-win.”