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Plaza News + Updates

Plaza Reverse

Recent Posts

Reverse Jumbo Now in Washington!

Posted by Plaza Reverse on October 13, 2020

Plaza’s Reverse Jumbo is now available in Washington state, bringing the total number of states where your clients can access up to $4M in equity to 16! Visit our program page for more information and a complete list of states where this program is available.

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Topics: Reverse HECM, Wholesale News, Mini-Correspondent News, Jumbo Reverse

Repair Cracks in the Nest Egg

Posted by Plaza Reverse on October 2, 2020

In times like these, reverse mortgages provide savvy homeowners with a way to access liquidity for additional income or to rebuild reserves. At the same time, senior homeowners can secure future credit to sustain their retirement needs,” Mark Reeve, VP Reverse Mortgage Division. Read the full article, ‘Repair Cracks in the Nest Egg,’ now at Scotsman Guide.

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Topics: Reverse HECM, Wholesale News, Plaza in the News, Mini-Correspondent News

Reverse Jumbo Expands

Posted by Plaza Reverse on September 10, 2020

Plaza’s Reverse Jumbo is now available in Arizona, California, Colorado, Connecticut, Florida, Hawaii, Illinois, New Jersey, Oregon, Texas, and Utah with more states to follow soon. The Reverse Jumbo is a great option for clients in higher-value homes who want to tap into more equity than allowed by the current FHA HECM limits.

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Topics: Wholesale News, Wholesale Program Updates, Jumbo Reverse