American Reverse MortgageŽ Named To Entrepreneur Hot 500 & Inc 5000
September 09, 2007
Sep 10, 2007 -- /prbuzz/ --American Reverse Mortgage® Named To Entrepreneur Hot 500 & Inc 5000

Ocala, FL - - 9/9/07 - - American Reverse Mortgage® named to both Entrepreneur Magazine Hot 500 and Inc Magazine 5000 as one of America’s fastest growing privately held companies.

America's Reverse Mortgage Lender®, a name synonymous with American Reverse Mortgage® (ARM), has again been recognized for its tremendous growth over recent years. ARM is the largest privately held reverse mortgage lender in the United States and is currently number six of all lenders according to a September 2007 Housing and Urban Development report.

American Reverse Mortgage® has attained this growth through specialized marketing utilizing a reverse mortgage advisor staff averaging 57 years of age. These advisors have more commonality with their reverse mortgage clients who are, on average, 75 years old.

ARM also has created hundreds of specially trained reverse mortgage advisors of which about 50 are certified senior advisors (CSA). The CSA designation requires extensive study and testing by the Society of Certified Senior Advisors. Another innovation was a decision to take all applications and perform all closings in the homes of our borrowers, leading to a high degree of customer satisfaction. These are some of the factors that have led to the growth of ARM.

While enjoying this tremendous growth, ARM has demanded of its employees the highest ethical and professional standards. Although not required by HUD or FannieMae, ARM was the first reverse mortgage lender requiring full background checks on every employee for the protection of our borrowers. American Reverse Mortgage® is a member of and supports organizations like American Bar Association, Better Business Bureau, National Association of Mortgage Brokers, National Council On Aging, National Reverse Mortgage Lenders Association, and others. ARM is authorized by FHA as a direct endorsement non-supervised lender and by FannieMae as a reverse mortgage seller-servicer.

American Reverse Mortgage® offers all three types of reverse mortgage: FHA Home Equity Conversion Mortgage (HECM); FannieMae Home Keeper; and Jumbo Proprietary Reverse Mortgage for high value homes. Through August 31, 2007 FHA has endorsed more than 338,296 HECM's.
About the Press Release
American Reverse Mortgage® has been named to both the Entrepreneur Magazine Hot 500 and the Inc Magazine 5000 as one of America's fastest growing privately held companies.


 
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