1st Reverse Mortgage USA Promotes Steve Scheiern to Director of Reverse Mortgage Business Development
Expands Leadership Team, Formalizes Concierge Group to Accommodate Marketplace Shift
Denver, CO November 10, 2017 – 1st Reverse Mortgage USA®, a division of Cherry Creek Mortgage Company, Inc., today announced the promotion of Steve Scheiern to Director of Reverse Mortgage Business Development. Scheiern has served as the 1st Reverse Mortgage USA National Retail Sales Manager for more than 6 years.
His new role includes continued sales management and development of the 1st Reverse Mortgage USA Retail Sales Division as well as his new role in teaming with over 250 Cherry Creek Mortgage Company (CCMC) loan officers to assist with their reverse mortgage clients.
Scheiern has over 23 years leadership experience in business development in financial services and the mortgage industry including American Express and Wells Fargo. He is expected to be a tremendous resource for CCMC loan officers based on his longstanding track record of mentoring high-performing loan officer teams.
“In my new position, I want to encourage CCMC’s traditional loan officers with the opportunities we’ve available for them — and for those they serve — in the Reverse Mortgage space,” said Scheiern. “Our experience and full-service mentality extends to CCMC as well as our other partners. We’re dedicating significant energy and resources to their success.”
“With more than 10,000 baby boomers turning 62 each day, we know, many will be seeking the benefits offered by reverse mortgage. We are geared up to accommodate those working to meet that demand — both in the retail and wholesale space,” said Dan Harder, Vice President of 1st Reverse Mortgage USA.
Harder foresees a rapidly approaching era when reverse mortgage will no longer be viewed as a specialty loan product.
“Reverses will be as common as FHA, VA, USDA, Conventional and so on,” Harder said, “Traditional loan officers recognize this trend and are seeking to provide a more complete spectrum of financing options to their senior clients,” said Harder.
“Steve’s market expertise, sales acumen, and ability to build key relationships fits perfectly with our drive to build the leading Reverse Mortgage Platform for loan officers,” he said.
Harder has been honing the 1st Reverse USA business model to meet increased demand and provide a complete, personalized partner experience through a series of significant promotions leading to the creation of the Concierge Team. The team provides clients and partners with subject matter expertise in sales, marketing, operations and loan structuring;
“Our Concierge group provides valuable support by turning complicated processes into simple experiences. The team is knowledgeable, saves time and increases efficiency,” said Harder.
“Assisting our clients and partners to develop a high level of product comfort is a top priority. Our experience, customer service mentality and culture is keeping us solid and growing. Those who grab this opportunity and partner with us will be glad they did,” said Harder.
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. A division of Cherry Creek Mortgage Company, Inc., the company 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 offers a diverse set of products including Reverse Mortgages, FHA Loans, VA Loans, USDA Loans and Conventional Loans. The company is a division of Cherry Creek Mortgage Company, Inc., with direct endorsement authority from HUD, Fannie Mae (FNMA), Ginnie Mae (GNMA) and Freddie Mac (FHLMC). Visit www.1stmortgage.com or call (877) 217-0166.