SOURCE: Mortgage Services III, LLC

Mortgage Services III, LLC Reverse Mortgage Division

January 06, 2010 14:00 ET

National Mortgage Lender Mortgage Services III, LLC Introduces New Reverse Mortgage Division to Help Seniors Increase Their Lifestyle

BLOOMINGTON, IL--(Marketwire - January 6, 2010) - Mortgage Services III, LLC (MSI), a subsidiary of First State Bank, announced the launch of Mortgage Services III, LLC Reverse Mortgage Division. Reverse Mortgages enable senior homeowners who still live in their home age 62, or older, to convert some of their home's equity into tax-free cash without the burden of a monthly mortgage payment.

Along with the launch of the site, MSI has unveiled the new Reverse Mortgage web site,, which has information on the advantages and benefits of a reverse mortgage as well as information on our Reverse Mortgage Specialists. MSI's site is a resource for answering frequently asked questions on Reverse Mortgages.

"The Reverse Mortgage is a powerful and incredible product for seniors allowing them to stay in their homes, and maintain or increase their present lifestyle," commented Stephen Gorman, Vice President Reverse Mortgage Division of Mortgage Services III, LLC. Mr. Gorman added, "I have seen The Reverse Mortgage assist seniors with paying off existing mortgages, credit card debt, auto loans and other monthly expenses. It allows seniors to afford Long Term Care Insurance and have the medical care available to them which they could never afford without a Reverse Mortgage. The proceeds can be used to make home improvements making it safer to navigate. In all cases none of this could have been done without a Reverse Mortgage."

About Mortgage Services III, LLC

Mortgage Services III, LLC is committed to providing the highest service and personal care with all of its mortgage clients. MSI is a fresh face in the Mortgage Industry. With the financial security of bank ownership and an experienced and knowledgeable staff, MSI is positioned to provide you with a world class customer experience!

Contact Information

  • Contact:
    Bryan Dillow
    Mortgage Services III, LLC
    Email Contact