GoodLife Home Loans Launches New Retail Reverse Mortgage Division
GoodLife Home Loans, a division of Traditional Mortgage Acceptance Corporation (TMAC) based in Bellevue, Washington, has recently announced the launch of a new retail reverse mortgage division to complement its existing wholesale operations.
Known for being a leading Home Equity Conversion Mortgage (HECM) lender in the wholesale sector and a significant issuer of Ginnie Mae HECM-backed Securities (HMBS), GoodLife views the introduction of this new division as a major milestone in expanding its team of experienced reverse mortgage professionals into the retail lending channel.
The retail division currently comprises four loan officers, including industry veterans Linda Weilert and Catalina Gonzalez, who previously worked at Open Mortgage before its closure in late 2023.
Linda Weilert, with 17 years of experience in the reverse mortgage industry, expressed her positive experience with GoodLife’s corporate leadership and the professionalism of the processing and underwriting teams. She emphasized the company’s commitment to the retail space and its supportive culture.
Joining Weilert are LOs Marilyn Brown Ross and Chris Weilert, collectively bringing over 40 years of industry expertise and a strong track record of serving seniors nationwide.
Anthony Gaglione, senior marketing manager at TMAC, highlighted the company’s focus on hiring top reverse mortgage specialists for the retail division. He emphasized the team’s integrity, trust, and leadership in providing consumers with exceptional service.
As a Ginnie Mae issuer, GoodLife/TMAC aims to differentiate itself in the market through its retail division, which mirrors the principles of its successful wholesale operations. The company is also actively seeking new originator talent to join its dynamic team.
“We offer the most competitive compensation package in the industry,” Gaglione stated. “If you are a seasoned reverse mortgage professional closing 10 or more loans annually and seeking to be part of a high-performance organization, we invite you to reach out to us.”
GoodLife/TMAC is a proud member of the National Reverse Mortgage Lenders Association (NRMLA), with Brett Dunn, the company’s Chief Investment and Chief Operating Officer, serving as the treasurer of the NRMLA board.