ABOUT REVERSE MORTGAGE

Thomas Pfund

Graduate of Norwich University with a Bachelor of Science in Civil Engineering.

Has been involved in the financial service industry for over twenty years. Owned and operated an independent insurance agency for thirteen years. For the past ten years President of Yankee Mortgage Company which was organized under the laws of Connecticut in 1997.

About Yankee Mortgage Company, LLC

Established in 1997 as a Limited Liability Corporation in the State of Connecticut. Currently licensed and operating in the States of Connecticut. Over the past ten years we have represented multiple lenders who have provided first and second mortgages for residential properties. The lenders represented provided both Conventional (Fannie Mae and Freddie Mac) and Non-Conventional mortgages. In August of 2001 we were approved by the Federal Housing Administration which is a department of HUD to originate government loans for the FHA program. From the FHA accreditation we are authorized to provide the Federal Insured Reverse Mortgages.

Mission Statement

Since 1997 we have provide a wide range of mortgage products in the residential mortgage marketplace. For the past two years we have monitored the growth within the reverse mortgage industry for homeowners aged 62 and older. I have decided to continue my career in offering service to the senior community in their desire to remain in their homes. With the increases in everyday expenses from Daily Expenses, Medical Costs, Home Repair and eliminating debt many seniors are facing deteriorating cash flow. Studies indicate that 85% of the seniors would like to remain in their own home. We are a local mortgage company with a staff dedicated wholly to the reverse mortgage industry. It is our mission to educate the senior homeowners about their options within a reverse mortgage along with the options offered by the credit union to ascertain the best possible financial plan available to them. Each homeowner will have access to a reverse mortgage specialist that will meet personally with them in the comfort of their home. The homeowner will have access to both the originator and inside personnel to help guide the process from the initial consultation through the mandatory counseling, application and closing.