ReverseVision is the leading reverse mortgage lending platform. Our APIs enable our tech and lending partners to expand their footprint and easily bring reverse mortgages to the forefront.
Our loan modeling API enables originators to qualify borrowers for the Reverse Mortgage as well as compare to traditional loans, run the future analysis with their retirement portfolio, and more.
ReverseVision is dedicated to becoming your partner and collaborator to help you reach more customers. We make it easy to integrate the Reverse Mortgage APIs into your already existing tech stack. Our Loan APIs provide a bi-directional data feed to create loans in our LOS as well as update the loan data between our system and any other CRM, POS, or website.
Fill out one of the forms below to learn more about our various package levels and APIs, or set up a meeting with one of our business development representatives.
How would the Smiths financial options change if they replace their traditional mortgage and HELOC with a HECM while continuing to make the same payment on the HECM?
1. Home value: $500,000
2. Payoff 1st Mortgage: $125,000
10 more years @ 4.125%
Payment = $1,273.00
3. HELOC balance - $55,000 used of $75,000
10 more years @7%
Payment = $638.60
4. Youngest borrower: 62
5. Monthly Total = $1,911.60
This example will show what happens if the Smiths make the exact same payment on a HECM as they would have been making on their traditional forward mortgage.
They are secure in retirement and claim they do not “need” a reverse mortgage. However, an inconsistent market has them questioning do they have enough funds to last their life span.
1. Home Value: $800,000
2. Payoff: $250,000
3. Youngest Borrower Age: 65
4. Probability of portfolio surviving to age 95 without a HECM ($1500/mo draw): 0.8%
5. Probability of portfolio surviving to age 95 with a HECM ($1500/mo draw) : 100%
This example shows how a HECM can extend the longevity of their retirement portfolio by sourcing funds from a HECM Line of Credit (LOC) during times of market volatility. Their financial planner can validate this as an effective strategy for managing sequence of returns risk.
The Jones's have some retirement savings, but they are unsure if their funds will last. They have friends who’ve leveraged equity for peace of mind and want to learn more.
1. Home Value: $400,000
2. Payoff: $100,000
3. Youngest Borrower Age: 75
4. Available Line of Credit today: $121,200
5. Available Line of Credit in 10 years: $175,450
This example shows how a HECM can improve their cash flow and supplement their savings. They will remove their monthly mortgage payment and receive a substantial line of credit that can be used whenever they need extra funds.
Helen is a single woman and wants to move closer to her children and grandchildren. Unfortunately, she believes she cannot afford the nicer home she wants.
1. Profit from Sold Home: $400,000
2. New Home Purchase Price: $600,000
3. Minimum Down payment of New Home: $248,000
4. Borrower Age: 68
5. Monthly Mortgage Payment = $0
This example shows what happens if Helen chooses to use a HECM to purchase her new home, where she can remain payment free and enjoy a nicer home near her family.