OMBA Presents a Panel Discussion on Reverse Mortgages November 18, 2020

Have you ever wondered about adding a reverse mortgage package to your loan offering portfolio?  Do you have questions on how it works and the potential benefits to your clients?

Join us for a panel discussion with two highly successful reverse mortgage professionals – Teresa Rose, Founder and President of Western Ohio Mortgage and Mark Kelly, Home Equity Retirement Specialist with Mutual of Omaha.  Both Teresa and Mark have over 35 years of experience in the mortgage industry, and can answer all your questions regarding a reverse mortgage and on the advantages of offering it as a product to your customers.

The panel will be hosted by John Igoe, COO of First Ohio Home Mortgage and the head of OMBA’s Education Committee.

The discussion will take place on Wednesday, November 18th 

10:00 – 11:30 AM

Register to receive a meeting link by emailing Jay Pascoe, Executive Director, OMBA at jpascoe@ohiomba.org

ABOUT THE PANELISTS

Teresa M RoseTeresa Rose is the founder and President of Western Ohio Mortgage Corporation this year she celebrates 36 years in the lending industry! Teresa started in the lending world at Miami Valley Bank as a teller. In less than 10 years she moved up the ranks to be Assistant Vice President of Mortgage Lending. From MVB she became a Senior Mortgage Originator at Five Star Mortgage. In 1999, Teresa realized her dream of owning a small business and fused it with her passion for mortgage lending by opening Western Ohio Mortgage Corporation.
In the last 21 years Teresa has grown WOMC from a small mortgage bank with a handful of employees to a multi-state, multi-branch corporation with over 50 employees. Teresa has served as an officer of and has many designations from different organizations including: Fannie Mae Housing Institute, American Institute of Bankers, Ohio Association of Mortgage Professionals, Ohio Association of Mortgage Bankers and Midwest Ohio Association of Realtors. She is an approved Direct Endorsement Underwriter with the Department of Housing and Urban Development and an approved VA Underwriter. Teresa recently served as the President of the Ohio Mortgage Bankers  from 2018 to 2019.   She also is one of less than 100 professionals Nationwide, to receive the Certified Reverse Mortgage Professional Designation. With uncompromising standards of integrity, honesty and service, Teresa gives her clients the confidence of knowing that their transaction will be completed professionally and ethically. Teresa’s work ethic is based on solid principles. She believes in doing business as if your transaction is her own. Because of this integrity and dedication, clients return with new business and refer their friends and associates to her and her company.

As a forty year community banker and CEO of four community banks, Mark has worked with many customers over the years as they’ve strived to increase their personal net worth looking ahead to eventual retirement. Now that Mark has become so familiar with the HECM reverse mortgage program, he is devoted to working with clients who wish to enhance their funds availability for numerous reasons, including purchasing a home, staying in their current home, enhancing cash flow by reducing monthly expenses, purchasing that “retirement” home or condo, not having any mortgage payments following the purchase, and preserving their other savings and retirement funds.

Moderator

Co-OwnerAs co-owner of First Ohio Home Finance, John Igoe understands the value of putting the needs of his clients first. John spent his entire career in the mortgage business prior to joining First Ohio Home Finance as a partner in 2001. Today he specializes in meeting the needs of high-net worth professionals.
John graduated from The Ohio State University and is still a devout Buckeye! He is currently the acting director of the Columbus Mortgage Bankers Association and a member of the (EO) Entrepreneurs Organization. John serves on the Board of Directors of the Ohio Mortgage Bankers Association and chairs the Education Committee for OMBA.

Join this extremely informative discussion
Wednesday, November 18, 2020 from 10:00 – 11:30am
FREE to both member & non-members!

Email Jay Pascoe at jpascoe@ohiomba.org to become registered.