Value Financial Expands Warehouse Funding Capacity

Miami-based Value Financial has added $2 million to its existing reverse mortgage funding capacity and now has $5 million dollars available to support its funding requirements. The company says this amount is adequate for 100 transactions per month.

Growth has been driven by aggressive marketing through a proprietary LGS System, which has a conversion rate of over 20%, year-to-date. Value Financial adds that it can process and close Home Equity Conversion Mortgages in 21 days or less.

Source: Value Financial

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