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Specialized Division of Atlantic Pacific Mortgage Corporation, the Reverse Mortgage Team, Now Offering Complete Reverse Mortgage Analysis on Website Brookfield, Wis.-based GSF Mortgage Corp. recently welcomed the addition of a new branch that will focus solely on reverse mortgages. The GSF reverse mortgage team will operate out of York, Pa., where the division will be led by Branch Manager Brad Bennett.
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A reverse mortgage is a mortgage loan, usually secured over a residential property, that enables the borrower to access the unencumbered value of the property. The loans are typically promoted to older homeowners and typically do not require monthly mortgage payments. Borrowers are still responsible for property taxes and homeowner’s insurance.
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