Many agents in the Reverse Mortgage business are licensed to sell other financial products such as Life Insurance, Long Term Care Insurance, Annuities, Securities, and so on. Selling your client any other financial product with the proceeds of a Reverse Mortgage that you helped them secure is illegal! We have heard from clients that they have received calls from the DOJ yes the Department of Justice asking if they were solicited to buy an annuity. Insure that you don't get in trouble by not offering to do this.
If you have any questions please feel free to call us.
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- WSB Mortgage Services
- "WSB"' stands for the founders of WSB Mortgage Services, Inc. Thomas Williams is no longer with us. Zach Scott is our CFO and Jeffrey Bangerter is our President his son Riley Bangerter is our Vice President. WSB also stands for your right to have access to your homes value without the risk of losing your home or taking on new payments. WSB stands for "Peace of Mind".
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