Nationwide Equities Corporation is currently licensed in 38 states and operates with retail branches all across the country. We operate our mortgage banking platform to support the reverse retail branches as well as our forward retail origination channels. To see which states we are licensed in, click here.
Nationwide Equities is one of the top reverse mortgage lenders in the country, dedicated to serving senior homeowners and business professionals in our licensed communities. Nationwide has the ability to underwrite directly by HUD guidelines and has examined all aspects of the reverse mortgage and its cost structure to identify multiple opportunities to enhance benefits and reduce cost beyond just simply reducing the margin. As a result, we offer variable and fixed rate HECMs within our suite of HECM products. Adjustable options are available based on various financial market indexes plus a margin. The HECM fixed provides the assurance of a fixed rate for the life of the loan.
FHA & VA
Nationwide Equities is a direct lender with concentration on FHA/VA Forward and its FHA Insured Reverse mortgage products. We now offers a full range of loan products from reverse mortgage HECM’s to conventional and FHA forward mortgages.
Today, many borrowers have special circumstances that put them outside “the box”. Nationwide Equities has the ability to underwrite directly from HUD guidelines and distinguishes itself as one of the “Niche Product” Lenders.
Have a loan situation that is unique or is beyond your scope? Just call the product desk and ask the “Desk” is manned with a seasoned professional that will educate you on product alternatives, help you structure your deal, or find a home for that hard-to-place loan.
Our Branches and loan originators are provided the best and most advanced LOS programs available. We work with Reverse Vision for our Reverse Mortgage Originations and Encompass for our Forward FHA and conventional products. These LOS systems is widely used by most mortgage professionals and seamlessly interfaces with LP, DU and various credit agencies.
Nationwide Equities principles are built upon the foundation and commitment to service and the most efficient processing in the industry. We have a full team of processors is available to follow-up on loans and to provide processing on loan Origination files.
Nationwide is one of the top Reverse Mortgage lenders in the country and we know how to market reverse mortgages While leads are generally the domain and arena of the Loan Originator, we have a number of quality lead sources and marketing abilities and we share that knowledge with our branch partners.
Nationwide Equities prides itself on customer service, and we understand underwriting is the key component to any branches success. This is why we provide our Branches and loan originators the ability to access their files 24 hours a day with the leading technology for reverse and forward mortgage origination. This technology not only streamlines the entire system, it puts the power of approval in your hands. These technologies offer at least four advantages to you: First- They greatly reduce the time from application to approval. Second- Because of quick approval you can usually take the borrower off the market sooner, thereby reducing the tendency to shop rates. Third- These AU engines allow for the running of various financing scenarios to determine which combination of debt and income modification will allow the customer to qualify. Fourth- AU allows you to stretch the ratios. We have seen 60% back end ratios get approval. This tool really gives you the edge.