BALTIMORE, Md. (CitizenWire) — Fidelis Mortgage, a veteran-owned reverse mortgage business, announced this week that Eric Rittmeyer, president Fidelis Mortgage, was one of the first in the nation to receive the designation of Certified Reverse Mortgage Professional (CRMP) created by the National Reverse Mortgage Lenders Association (NRMLA).
“Qualifications for the exam are vigorous,” says Rittmeyer. “I prepared for a full year to meet the qualifications required to sit for the written exam. I have a serious commitment to the senior home owners in the region and am devoted to helping them stay in their homes.”
According to the NRMLA, earning the CRMP is the most distinguished certification a reverse mortgage professional can obtain. This certification shows that the person has demonstrated superior knowledge and competency in the area of reverse mortgages and dedication to upholding the highest ethical and professional standards.
So, what is a reverse mortgage? It’s a mortgage loan program that allows homeowners age 62 and older to use their home equity while still maintaining ownership of their home without creating monthly debt. And now, new options empower seniors to tap smaller amounts of equity in a more affordable way.
“With rising health care costs and increased energy and living expenses, many seniors are faced with the challenge of how to stay in their homes,” says Rittmeyer. “In many cases, a reverse mortgage is the answer.”
Concerns over being able to pay the mortgage are eliminated and the money can then be used for living and other expenses.
The NRMLA (www.NRMLAonline.org) is a Washington, D.C. organization that represents lenders across the nation. It is the national voice of the reverse mortgage industry, serving as an educational resource, policy advocate and public affairs center for lenders and related professionals. It was established in 1997 to enhance the professionalism of the reverse mortgage business.
About Fidelis Mortgage:
A veteran of the U.S. Marine Corps, Rittmeyer founded Fidelis Mortgage four years ago. The company specializes in the Federally Insured Reverse Mortgage program throughout the state of Maryland.
The company was named after the famous Marine Corps motto: Semper Fidelis – Always Faithful.
For more information, visit: www.Reverse-Mortgage-Maryland.com .
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