BLOOMFIELD, N.J. – July 17, 2017 – Reverse Mortgage Funding LLC (“RMF”), one of the nation’s leading reverse mortgage lenders, is excited to announce the launch of its revolutionary and powerful loan qualification engine, LQ, which is now available to RMF’s approved broker partners as well as the company’s own loan officers. This cutting-edge technology, which is exclusively within Tango Reverse™, RMF’s proprietary loan origination system, is the first of its kind in the industry. LQ is designed to make it easier for originators to close more loans by providing them with the power to instantly do a preliminary assessment of a customer’s eligibility to qualify for the reverse mortgage they have in mind. It also generates rules and conditions based on the characteristics of each prospective loan scenario, which significantly helps reduce loan cycle times and expedites the leads to applications and the applications to closing.
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