US Mortgage Corporation, a leading national banking company specializing in residential mortgages, has announced the appointment of Kelly Sabino as Director of its Reverse Mortgage division.
A reverse mortgage is a government insured loan, allowing seniors aged 62 or older to access equity in their home, relieving the burden of mortgage payments throughout their retirement years.
Steven A. Milner, founder and CEO of US Mortgage Corporation says "Our Reverse Mortgage division provides clients with unparalleled service, combined with propriety educational tools to assist them in fully understanding this innovative product. Kelly's expertise in the area, along with his strong management skills, will help us grow the division and capture a greater share of this exciting market."
Until recently Sabino was Reverse Mortgage Sales Manager at the New York office of brokerage Mortgages In-Deed where he built and managed the company's sales team of 12 loan officers. In addition Sabino developed a successful 15 person outgoing consumer direct call center and spent time developing key relationships with the country's largest reverse lenders, including Financial Freedom, JB Nutter, Senior Lending Network, Genworth and MetLife.
Speaking of his new appointment Sabino said "US Mortgage Corporation is at the forefront of the reverse mortgage industry. With seniors comprising the largest and fastest growing segment of the total US population, and 80% of them owning their homes, interest in reverse mortgages will continue to grow steadily for years to come."
Melville, NY-based US Mortgage Corporation was founded by CEO Steven A. Milner in 1994, and is a leading national banking company specializing in the origination, underwriting and servicing of residential mortgages. The company delivers cost-effective, custom-designed solutions via branch offices throughout the country and has FHA Full Eagle approval, allowing it to act as an FHA Direct Endorsed Lender, as well as a USDA Rural Loan Approval and VA Approval. For more information visit their website.