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  1. #1
    Join Date
    Mar 2007

    American Reverse Mortgage (Ocala, FL)

    This company focuses on hiring senior citizens in order to have them lead them to other seniors for the purpose of selling them a reverse mortgage. The company offers higher compensation to loan originators that push the higher margin loans (less money for client - more money for company). The company also has a record of coming up with reasons not to pay the loan originators on their loans. FHA and HUD require tthat there is a true employer/employee relationship in order for a company to originate FHA loans - This is questionable at best with American Reverse Mortgage. The company also has a practice of forging the signatures of the loan originators on the closing documents. BEWARE
    Last edited by mc1; 03-18-2007 at 08:26 AM. Reason: Misspelled words

  2. #2
    Join Date
    Jul 2009

    Re: American Reverse Mortgage (Ocala, FL)

    American Reverse Mortgage

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