Wescom Credit Union Introduces Reverse Mortgages

Wescom Credit Union, a financial services cooperative with 55 branches throughout Southern California, says it is now offering reverse mortgages, helping senior homeowners tap into the equity in their homes. To provide this product, Wescom is using Reverse Mortgage Lending Inc. (RMLI), a Wescom mortgage lending company that specializes in reverse mortgage loans."Reverse mortgages give Wescom an opportunity to provide our senior members financial flexibility, as they have been requesting this type of loan product for quite some time," explains Peter McNulty, senior vice president of Wescom's real estate division. "Now, these members can obtain advice and apply for a reverse mortgage from the credit union they know and trust as their financial partner."Source: Wescom Credit Union