Sep 14 2013, 7:00am CDT | by PR.com
Parsippany, NJ, September 14, 2013 --(PR.com)-- Maverick Funding Corp.’s Reverse Mortgage Network lands the number 10 spot in the Reverse Market Insight HECM Lenders Report for August 2013. This ranking shows just how dedicated and focused Maverick is to its clients as well as being among the top competitors in the mortgage industry.
Not only is Maverick’s Reverse Mortgage Network number 10 on the list, but the yearly increase is significant. According to Reverse Market Insight, (see full report here: http://www.rminsight.net/wp-content/uploads/2013/09/Lenders_201308.pdf) with 158 percent yearly change, Maverick shows just how successful its Reverse Mortgage Network really is. “We continue to remain focused on providing exceptional service to our customers and clients around the country; our attention to detail and dedication to our borrowers is paying off. Our continuously high national ranking solidifies our reputation and the Maverick Funding Reverse Mortgage Network brand now and into the future,” said Josh Shein, Vice President of the Reverse Mortgage Network.
Maverick’s Reverse Mortgage Network is designed to help senior citizens live a more comfortable and care-free life. According to U.S. Department of Housing and Urban Development (HUD), “A reverse mortgage lets you convert a portion of the equity in your home into cash.” As long as the occupied home remains their primary residence, senior citizens can comfortably age in place in their home.
Maverick Funding Corp. (Maverick), headquartered in Parsippany, NJ, is a national mortgage lender licensed in 30 states. Established in 2007, Maverick’s overall exponential growth makes it a top competitor in the mortgage industry. The company currently holds FHA, Fannie Mae and Ginnie Mae approval and has increased its staff from 20 to more than 300 employees to date.
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