A GROWING NEED. A CUSTOM SOLUTION. A COMPANY YOU CAN TRUST.

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1 A GROWING NEED. A CUSTOM SOLUTION. A COMPANY YOU CAN TRUST. EVERYTHING IS COMING TOGETHER FOR YOU AND YOUR CUSTOMERS.

2 THE HOME EQUITY CONVERSION MORTGAGE (HECM) LENDING PLATFORM from Reverse Mortgage Funding LLC (RMF) THE ONLY HECM PROGRAM ENDORSED BY THE AMERICAN BANKERS ASSOCIATION THROUGH ITS SUBSIDIARY, THE CORPORATION FOR AMERICAN BANKING. Your customers put more than just money in your bank they put their trust in it, too. You need a partner you can rely on to help you keep your promises to them. Today, traditional sources of retirement income (savings, investments, and Social Security benefits) are not always sufficient, as people continue to live longer and spend more time in retirement. Older adults need another reliable financial solution to help close the retirement funding gap. With so much of their equity tied up in their homes, Home Equity Conversion Mortgages (HECMs) are quickly becoming a necessary building block for retirement funding. And the HECM Lending Platform from RMF has everything you need to offer them to your customers: EXPERIENCE: Our leadership team averages more than 20 years in the industry PRODUCTS: A range of HECM options to enhance your product mix PROCESS: A compliance-based platform tailored to your institution and customer base SUPPORT: The tools, technology, training, services, and insights you need to succeed COMMITMENT: Dedicated to helping you deliver financial solutions to your customers REVERSE MORTGAGE FUNDING LLC: TRIED. TESTED. TRUSTED.

3 BETTER OPTIONS FOR YOUR RETIREMENT-AGE CUSTOMERS MORE WAYS TO HELP MEET THEIR FINANCIAL NEEDS Helping to close the financial gap for a new generation of retirees Estimates show that nearly 80 million 1 Baby Boomers will retire in the next two decades and, unfortunately, many are not financially prepared. With rising health care costs, vanishing employer pension programs, and changing Social Security trends, reverse mortgages or Home Equity Conversion Mortgages (HECMs) are gaining acceptance as valuable financial planning tools to help meet the challenges of retirement financing. This useful financial option should be a vital component of your product mix, giving you more solutions to offer your customers. Take a fresh look at today s redesigned HECM loans Recent improvements in the HECM program have enhanced consumer safeguards. No wonder they continue to grow in popularity among retirement-age consumers especially the HECM Line Of Credit option, which is comparable to a traditional Home Equity Line Of Credit (HELOC), but offers some distinct advantages: FEATURE Borrower retains home ownership 2 No monthly repayments required 2 ; no risk of rising payments Line of credit growth 3 Line of credit cannot be reduced or revoked by the lender, as long as terms of the loan are met Federal Housing Administration (FHA)-insured loan TRADITIONAL HELOC TODAY S HECM LINE OF CREDIT 1 Source: U.S. Census Bureau. 2 Borrower is responsible for property taxes, homeowners insurance, and property maintenance. A HECM is a home-secured debt payable upon default or a maturity event. 3 The unused line of credit grows, making more funds available over time.

4 By becoming a partner with Reverse Mortgage Funding LLC (RMF), you gain access to a HECM lending platform designed specifically for your financial institution and customer base. With our Partner Program and our TurnKey Broker platforms, we make it easy to offer this important loan option to your customers age 62 and older, which can help improve customer retention and generate additional revenue without having to add infrastructure to support fulfillment. A tailored program to meet your needs so you can focus on your customers Our HECM Lending Platform offers: A compliance-focused lending program that caters specifically to banks and delivers a host of benefits to your business and your customers A complete range of HECM options, including fixed and adjustable rates and an option that eliminates nearly all closing costs A variety of relationship choices to suit your business, whether you re experienced with or new to HECMs A streamlined approval process for American Bankers Association (ABA) member banks Unparalleled support, including a dedicated support team and a Credit Help Desk to address scenario questions before loan submission User-friendly technology: An efficient, web-based origination platform that helps you meet the financial needs of your customers Full training, from HECM 101 to advanced curriculums Marketing tools: A customizable marketing resources kit that details how to reach those age 62 and older Operational ease and expertise: We provide all of the back office functions, with competitive turn times and attention to detail Industry insights that help you take full advantage of our extensive experience and expertise in this market Competitive pricing and compensation, including options with a flat fee per closed loan

5 CHOOSE THE LEVEL OF SUPPORT THAT ALIGNS WITH YOUR GOALS Whether you re new to HECM loans or a seasoned originator, RMF has a variety of platforms to help your business succeed. With five relationship options from which to choose, you can be sure that we can meet your bank s specific needs BANK RESPONSIBILTY PARTNER PROGRAM TURNKEY BROKER PRINCIPAL AGENT CORRESPONDENT Marketing Prospecting/Consulting Facilitating counseling services Initiating loan applications Generating application packages through RMF s loan origination system (Tango ) or Reverse- Vision (depending on service level) File preparation Processing Underwriting Closing/Funding Why RMF? We are a leader in the HECM business, with a management team of industry veterans who average more than 20 years of experience. We understand the needs of banks and their customers. We are a monoline portfolio lender, with a business model predicated on investing in the loans we originate. Our products complement your HELOC and other home equity loan offerings. Known for our product innovation, exceptional service, and unparalleled secondary market experience, we are dedicated to delivering the tools and knowledge you need to succeed.

6 Partner with us today, and together we ll create opportunities for a brighter future. Contact Mike Mooney at or mmooney@reversefunding.com If your institution prefers an informal level of support without involvement in origination activities, please consider recommending a licensed RMF loan officer to work with your customers who may benefit from a reverse mortgage. NOT FOR USE WITH CONSUMERS This material has not been reviewed, approved, or issued by HUD, FHA, or any government agency Reverse Mortgage Funding LLC, 1455 Broad St., 2nd Floor, Bloomfield, NJ NMLS ID # L184-Exp RMF