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1st Reverse Mortgage USA Expanding National Homebuilder and Developer Sales Team

Lisa Bauer

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Industry Pro Tim Harder to Help Builders and Developers Capitalize on Seniors Market with H4P 

Denver, CO June 1, 2017 –1st Reverse Mortgage USA®, a division of Cherry Creek Mortgage Company, Inc., today announced the expansion of its National Homebuilder and Developer Sales Team by appointing HECM (Home Equity Conversion Mortgage) industry professional Tim Harder to head-up a sales effort expressly dedicated to the national and regional builder and developer communities.

Harder is Vice President of Business Development at 1st Reverse Mortgage USA®.  He will serve as the sales team manager responsible for growing business-to-business (B2B) relationships with homebuilders and developers.

His expanded role dovetails well as he will continue to manage the 1st Reverse sales team responsible for sales enablement, development and training of reverse mortgages and Home Equity Conversion Mortgages (HECM) for Purchase with over 250 Cherry Creek Mortgage Company Loan Specialists.

“Because of our expertise with reverse mortgage products, we are in the perfect position to help homebuilders and developers engage with the greatest number of senior homebuyers,” said Dale Jones, Director of Marketing & Communications, 1st Reverse Mortgage USA .

“Sales savvy homebuilders and developers are wise to keep in mind 25% of all home buyers are age 60 or above. The HECM for Purchase (H4P) product expands the opportunities for builders to reach a broader prospective customer base,” said Jones. “And no one knows H4P better than our team.”

Tim Harder has nearly two decades of mortgage banking sales experience, driving sales growth with builders, developers, banks, credit unions and loan officers. He is the past President of the Colorado Mortgage Lenders Association.

“As we continue to implement our strategic plan, our goal is to offer targeted services and products for our customer and partner segments as well as Cherry Creek Mortgage Company Loan Specialists,” said Jones. “Tim will provide the leadership necessary to grow the National Homebuilder and Developer Sales Team. We are excited to partner with homebuilders and developers across the U.S. to educate seniors about the benefits of the HECM product.”

About

1st Reverse Mortgage USA® is a national, full-service mortgage company that provides origination and servicing through retail, wholesale, bank, credit union and correspondent divisions.  1st Reverse Mortgage USA has carved a unique niche in the marketplace by combining the best of traditional mortgage lending with the innovation and expertise of a mortgage bank.  The company, a division of Cherry Creek Mortgage Company, Inc. includes over 60 retail branches across the country with over 250 experienced and knowledgeable Mortgage Loan Specialists, ready to serve our clients and their needs.

1st Reverse Mortgage USA and 1st Mortgage Solutions USA offer a diverse set of products including Reverse Mortgages, HECM for Purchase, FHA Loans, VA Loans, USDA Loans and Conventional Loans. The company has direct endorsement authority from HUD, Fannie Mae (FNMA), Ginnie Mae (GNMA) and Freddie Mac (FHLMC).  Visit www.1stmortgage.com or call (877) 217-0166.

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