The Mortgage Broker / Loan Officer Financial Stimulus Program Is Now Available
Just in case you have missed all of the positive press about it...the mortgage industry'squiet little secret is slowly becoming common knowledge, and a super hot subject at the water cooler.
In spite of the fact that every effort has been made to keep the details of this program low-key and with little or no fanfare...the program is very much alive and well, and is gaining momentum.
Mortgage Brokers and Loan Officers that are participating, are singing the praises of the new stimulus program for the mortgage industry. Everyone involved agrees...the timing of the Stimulus Program couldn't have come at a better time!
While there has been much in the news about the economy, and while they tell us things are turning around, many in the Mortgage Business are struggling and feeling the pinch.
Yes...even under ideal circumstances there is constant stress in the business. But...add the current economic issues and things are unbelievably difficult.
Thankfully there's an answer...a bailout if you will...and, all Mortgage Professionals can take advantage of it. It's called the "Mortgage Broker/Loan Officer Financial Stimulus Program." and revolves around the new niche created by our federal government...Reverse Mortgages.
Now...if you search for the program using Google...you'll have a problem finding it. In fact, the chances are good that you just won't find it.
You see, the reason you won't find it...is because the news stories about Reverse Mortgages are few and far between. The result has been...out of sight, out of mind. And yet, over 342,720 new Senior prospects are added every month to the Reverse Mortgage niche.
Statistics suggest that about every seven (7) seconds someone in the United States turns 62 years of age, placing them in our elite group know as "Seniors" and eligible for a Reverse Mortgage loan.
Wow...what a number!
Isn't it time that you position yourself immediately (if you haven't done so already) to get your fair share of this exploding niche mortgage market?
As we look forward to a new year, we will continue to see stories of companies closing their doors or scaling back their operations. You need to take decisive steps to be sure that your Mortgage Business will continue and continue to serve your community.
You've heard it said before that "hope is not a strategy." It's time to stop sitting around hoping that things will get better. Take stock of your business, and put a plan in place that reflects your goals and current market conditions. That plan must include Reverse Mortgages.
Of course it's totally up to you. These are many how-to and what-if programs being promoted to mortgage folks these days. But, in the end, you need to promote a program that builds your pipeline, enhances your business, generates the revenue you need to be a success, and makes a difference for you and your family.
It's time to join the ranks and take advantage of the Reverse Mortgage Senior Market. And yes...it really is a Mortgage Broker/Loan Officer Financial Stimulus Program and we hope you'll take advantage of it!
by: Tom DominAbout the Author:Tom Domin is a Reverse Mortgage Originator and a contributing author to The Reverse Mortgage Mentor membership training site. Put your mortgage production and your career back-on-track with the very best Reverse Mortgage marketing training and commit to a membership at www.TheReverseMortgageMentor.com