Maverick Funding Ranks in Top Ten Among HECM Reverse Lenders
Report reflects strong beginning to 2013 for New Jersey mortgage company
PR Log - Mar 25, 2013 - Maverick Funding, a licensed mortgage lender focused on outstanding service to its customers in 30 states, has landed at tenth among the Top 100 HECM Retail Lenders, according to a report by HECM World. The ranking reflects strong growth for Maverick during the beginning of the year, with nearly 48 percent growth in February over the previous month.
“This achievement is a reflection of the extraordinary work our team puts in,” said Joshua Shein, Vice President of the Reverse Mortgage Network, a Division of Maverick Funding Corp. “Our borrowers know that we put in the hours and effort on each loan we write.”
In operation since 2007, Maverick Funding offers both government and conventional loans. The company has obtained FHA and Fannie Mae approval, and works to meet the needs of borrowers with competitive mortgage solutions. The Home Equity Conversion Mortgage (HECM) is available to customers 62 or older seeking financial solutions during retirement.
Maverick Funding Corp. (www.MaverickFunding.com) is a licensed mortgage lender in New Jersey, Pennsylvania, Alabama, California, Connecticut, Delaware, Florida, Indiana, Maine, Maryland, Massachusetts, Minnesota, New Hampshire, North Carolina, Ohio, Oregon, Rhode Island, Tennessee, Vermont, Virginia, Texas, Michigan, Kentucky and Washington. Our principal business activity is providing first mortgages to qualified homebuyers. We originate loans through the traditional retail channel with our own loan officers, and via a wholesale channel in which our account executives maintain relationships with multiple brokers who refer funding business to us. Our headquarters are in Parsippany, New Jersey. Our privately held company began operation after incorporating in New Jersey in April 2007. In these four-plus years --in extremely challenging economic times—Maverick Funding Corp. has grown from a small staff of approximately 20 in 2007 to an anticipated 320 employees by mid-2013.
Reverse Mortgage Network, a Maverick Funding company, is a direct-to-consumer reverse mortgage lender with a commitment to giving each qualifying senior the opportunity to take advantage of a reverse mortgage. With highly trained loan officers dedicated solely to reverse mortgages, Reverse Mortgage Network is committed to simplifying the reverse mortgage process, providing its customers with speedy service and best-practice attention. Reverse Mortgage Network is a FHA and Fannie-Mae approved lender. Reverse and Relax.