FOR IMMEDIATE RELEASE
August 2, 2016
Local Businessman Earns Reverse Mortgage Designation
San Diego, CA—Peter Tentler, a Reverse Mortgage Advisor with Liberty Home Equity Solutions, joined an elite cadre of mortgage professionals who have achieved the status of being a Certified Reverse Mortgage Professional (CRMP). Tentler earned the designation after he passed a rigorous exam and background check, thereby demonstrating a competency in the area of reverse mortgages and a dedication to upholding the highest ethical and professional standards.
Only 139 individuals nationwide currently have the CRMP credential.
“Being one of 139 people nationwide to have achieved this milestone is a testament to my commitment to reverse mortgages,” says Tentler. “The process involved to receive this professional designation was long and arduous and adds to the level of expertise maintained by myself and the firm.”
“Peter is one of 139 individuals with the Certified Reverse Mortgage Professional designation. As a CRMP, he has demonstrated knowledge and competency in the area of reverse mortgage lending, and is dedicated to upholding high standards of ethical and professional practice in the industry, ” said Peter Bell, President, and CEO of the National Reverse Mortgage Lenders Association.
Reverse mortgages are available to homeowners 62 years old and older with significant home equity. They are designed to enable older Americans to borrow against the equity in their homes to help fund retirement needs, without having to make monthly payments as is required with a traditional “forward” mortgage or home equity loan. Under a reverse mortgage, funds are advanced to the borrower and interest accrues, but the outstanding balance is not due until the last borrower leaves the home, sells, or passes away. Borrowers may draw down funds as a lump sum at loan origination, establish a line of credit or request fixed monthly payments for as long as they continue to live in the home. To date, more than 963,000 senior households have utilized an FHA-insured reverse mortgage.
About Peter Tentler:
Pete Tentler is a Reverse Mortgage Advisor for Liberty Home Equity Solutions. He has been serving in the residential lending industry since 1990 and offering reverse mortgage opportunities since 1994. Over these years of service, his diligent focus and accountability to every client’s needs, he has earned the status of trusted advisor to many financial wealth managers, CPA’s, bankers, and legal professionals, for their clients.
Many of his clients and advisors have introduced Pete as The Financial Locksmith® because he will unlock the equity in your client’s home, so they may secure their financial future.
A Rotarian since 1999, Pete is a Paul Harris Fellow and Past President (2003-04) of the La Jolla Sunrise Rotary Club. He is currently a member of the San Diego Downtown Breakfast Rotary Club and serves as chair of the Ambassador Committee.
In addition, he was the Chairman of the Board of Trustee (2014-15) with the Business Executives Council (founded in 1971). Pete is also the founder and chairman of MAP – a college student mentoring endeavor which matches students with some of the area’s finest business leaders, who share their methodology of business success and encourage life and career goals with students, soon to enter the business world. MAP works in collaboration with USD, PLNU, and SDSU.
Pete was Chairman of the Social Committee (2005), Golf Committee (2005-07), and co-architect of the club’s sponsorship program at Morgan Run Club and Resort in Rancho Santa Fe.
Born and raised in Chicago and alum of Loyola University Chicago, Pete is an avid golfer, voracious reader, and sports enthusiast.
About the National Reverse Mortgage Lenders Association:
The National Reverse Mortgage Lenders Association (NRMLA) is a membership organization comprised of over 300 companies and more than 2,000 people participating in the reverse mortgage industry. NRMLA serves as an educational resource, policy advocate and public affairs center for lenders and related professionals. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business.
For information contact:
Darryl Hicks, Vice President, Communications
202-939-1784; dhicks@dworbell.com
The Financial Locksmith® 