MLS Reverse Mortgage Expands
Update as of 7/8/2014: MLS Reverse Mortgage is authorized to lend in four states now; California, Idaho, Florida and Washington. The press release below is from 2009 and MLS Reverse Mortgage has decided not to broker loans in all of the states mentioned below.
(My Free PR) Auburn, Ca; Borba Investments, Inc, dba MLS Reverse Mortgage is pleased to announce it’s recent expansion to the states of Washington, Idaho and South Carolina. The company now is now authorized to originate loans in eight states.
MLS Reverse Mortgage specializes in reverse mortgages and all FHA mortgage products. Company president, Mike Borba, indicates that reverse mortgages are becoming a widely acceptable method of financing for thousands of senior citizens. MLS Reverse Mortgage has been providing these specialized loans for four years now and is especially sought out by seniors for their expertise in “fixed rate reverse mortgages“.
MLS Reverse Mortgage is a repeat recipient of the the “best of the best” award voted by their local community and “Best of Auburn” by the US Local Business Association. The company is a member of the following associations: National Reverse Mortgage Lenders Assoc (NRMLA), National Association of Mortgage Brokers (NAMB), National Aging in Place Counsil (NAIPC), California Association of Mortgage Brokers (CAMB) as well as being an approved member of the Robert Wagner Senior Lending Network.
Mike Borba and company vice president, Josh Borba have recently co authored two chapters of 62 Senior Moments book which in currently in production and will be available soon. Mike and Josh have also been spotlighted recently for their and contributions to the Credit Union industry by the Credit Union Times, a major trade organization newspaper.
“It is nice to be in a position to expand and grow in the mortgage industry in a time of turbulence and defeat by major banks and companies in the industry. We have positioned ourselves with all of the products necessary to survive this industry. Our positioning and our reputation to provide fast, fair and honest services as well as utilizing a great deal of integrity has made us a leader in this industry,” stated Mike Borba. The company has plans to further expand to additional states in the near future as the market demands.
MLS Mortgage is headquartered at 13478 Luther Road, Suite C, Auburn, CA and can be reached at 1-888-888-4834 or on the Internet at www.LearnAboutReverseMortgages.com.