CrossCountry Mortgage and Society of Financial Service Professionals announce new partnership

CrossCountry Mortgage and Society of Financial Service Professionals announce new partnership

CUMBERLAND – CrossCountry Mortgage LLC, a nationwide mortgage lender headquartered in Brecksville, Ohio, announced it is joining forces as a corporate partner with the Society of Financial Service Professionals.

CCM’s goal with this partnership is to educate FSP members about home equity conversion mortgages, HECMs/reverse mortgages, help them understand the benefits of these types of loans and show them how they can help their clients utilize housing wealth in retirement income planning, according to a press release.

CCM has an HECM team comprised of lending professionals with over 50 years of combined HECM/reverse mortgage experience. The HECM Division is headed by Susan Pomfret, of Cumberland, who was one of the first to originate a HECM back in 1989 as part of the FHA Pilot Program.

“Flexible financial options are very important as seniors navigate retirement,” Pomfret said. “Their lives change as they get older, and many will need to have a safety net for unexpected events and to minimize retirement risks.”

“We are excited to partner with FSP and look forward to not only helping more retirees throughout the U.S., but also educating and bringing a tool to financial professionals that can help them mitigate losses in their clients’ retirement portfolios,” she added. “Our team’s goal is ‘empowering retirees to live a more financially stress-free retirement,’ and this partnership will help us accomplish it.”