ReverseReach enables mortgage professionals to identify potential reverse mortgage transactions without specialized reverse mortgage knowledge, creating new opportunities from existing borrower relationships with a combination of technology and an exclusive live help desk staffed by a full-time underwriter.
Park Ridge, NJ November 03, 2026 –(PR.com)– Nationwide Equities Corporation, a leading wholesale reverse mortgage lender, today announced the introduction of ReverseReachSM, an innovative new program designed to help mortgage brokers identify potential reverse mortgage opportunities within their existing loan origination systems (LOS), customer databases, and referral networks.
As traditional mortgage origination opportunities become increasingly competitive, ReverseReachSM offers brokers a new way to generate business by leveraging relationships they have already established rather than relying exclusively on purchasing new leads or expanding marketing expenditures.
“Mortgage brokers may be sitting on $ubstantial untapped business opportunities without even realizing it,” said Paul Lamparillo, CEO of Nationwide Equities. “Over the years, brokers have built relationships with thousands of homeowners, many of whom may now qualify for reverse mortgage products. We created ReverseReachSM to make uncovering those highly lucrative opportunities simple, efficient, and accessible—even for brokers who have never closed a reverse mortgage before—so they can confidently and comfortably begin originating them.”
–Turning Existing Relationships Into New Origination Opportunities–
ReverseReachSM allows mortgage professionals to enter a borrower’s financial and property scenario and quickly assess whether a potential reverse mortgage opportunity warrants further evaluation. Regardless of the evaluation, a loan originator still has the ability to speak to a live underwriter to discuss the scenario and see if there is way to structure it to make it work.
The program is designed to help brokers recognize opportunities among borrowers who might otherwise be overlooked, including:
– Homeowners age 55 and older who may qualify for available reverse mortgage products.
– Borrowers with limited qualifying income who may not meet traditional mortgage underwriting requirements.
– Homeowners seeking to improve monthly cash flow by eliminating required monthly principal and interest payments.
– Borrowers experiencing financial difficulties who may have limited traditional refinancing options.
Rather than requiring brokers to master complex reverse mortgage guidelines, ReverseReachSM provides a straightforward starting point for identifying potential transactions.
–Expanding the Reverse Mortgage Market Through Broker Education and Accessibility–
A central objective of ReverseReachSM is to remove one of the barriers preventing traditional mortgage originators from entering the reverse mortgage market: the perception that reverse mortgages are too complicated or require extensive specialized training.
With ReverseReachSM, brokers can evaluate potential opportunities before investing significant time and resources in understanding the intricacies of reverse mortgage underwriting.
“One of the biggest obstacles to broader reverse mortgage adoption is simply recognizing when a borrower may be a good candidate,” added Philip Parziale, President of Nationwide Equities. “ReverseReachSM bridges that gap. Brokers don’t need to become reverse mortgage experts to identify a potential transaction. They need a simple way to recognize the opportunity and a knowledgeable lending partner to help them execute it.”
–Combining Technology With Experienced Underwriting Support–
ReverseReachSM is uniquely supported by Nationwide Equities’ experienced reverse mortgage team, including a live help desk staffed by knowledgeable DE underwriters who assist brokers with loan structuring, product guidelines, eligibility questions, and complex borrower scenarios.
This combination of technology and direct underwriting support allows mortgage professionals to explore reverse mortgage lending while continuing to focus on their core business.
“ReverseReachSM is more than an opportunity-identification tool. It’s part of our commitment to making reverse mortgage lending more accessible to the broader mortgage broker community,” said Parziale. “Regardless of how good your technology is, there is something special about being able to speak to a live person on the phone and walk you through a scenario and respond to follow ups.”
–A New Approach to Business Development–
With ReverseReachSM, Nationwide Equities is encouraging mortgage professionals to reconsider how they prospect for new business.
Instead of concentrating solely on acquiring new leads, brokers can revisit their existing customer relationships to identify homeowners whose financial circumstances, ages, or mortgage needs have changed.
The message is simple: Your next loan may already be in your database.
Mortgage professionals interested in learning more about ReverseReachSM and Nationwide Equities’ wholesale reverse mortgage programs can contact the company at (866)340-6717, ReverseReach@nwecorp.com or go to https://reversereach.nwecorp.com/. The website even includes a scenario tool to explore loan opportunities with minimal effort.
–About Nationwide Equities–
Nationwide Equities is a mortgage lender specializing in reverse mortgage solutions, including its proprietary reverse mortgage product line EquityPowerSM, which features both fixed and LOC options. Through its wholesale lending platform, the company provides mortgage professionals with innovative lending solutions, experienced underwriting support, and resources designed to help brokers expand their reverse mortgage business.
ReverseReachSM scenario runner is a preliminary opportunity-identification tool and does not constitute loan approval or a commitment to lend. Reverse mortgage eligibility is subject to applicable product guidelines and underwriting requirements. Borrowers remain responsible for property taxes, homeowners insurance, property maintenance, and other applicable obligations. Reverse mortgage products generally do not require monthly principal and interest payments, provided loan obligations are met.
Contact Information:
Nationwide Equities Corporation
Paul Lamparillo
201-529-1401
Contact via Email
Read the full story here: https://www.pr.com/press-release/983610
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