1st Reverse Mortgage USA appoints Jeff Ausman as director of business development

DENVER, 13th September 2017 / PRNewswire / – First reverse mortgage United States of America®, a division of Cherry Creek Mortgage Company, Inc. announced today that Jeff Ausman has been promoted to Director of Business Development with immediate effect.

In his new role, Ausman will be responsible for leading the recruitment and development of traditional forward loan officers for the expanding forward business channel of 1st Mortgage Solutions USA®.

Business Development Director

In addition, Ausman will oversee the continued growth and expansion of the first mortgage outsourcing platform developed for banks and credit unions. The outsourcing platform offers a broad product mix that includes FHA, VA, USDA and conventional loans as well as reverse mortgages and home equity conversion mortgage (HECM) for purchase loans.

“Financial institutions often struggle to comply with new regulations. 1st Reverse has worked for municipal banks and credit unions since 2004. We know the challenges that small and medium-sized local institutions face when trying to offer their customers a wide variety of mortgage products, ”said Ausmann.

“This is exactly why we developed the 1st Mortgage Outsource Platform®. We help banks and credit unions meet the needs of their depositors. It is important for financial institutions to offer private label mortgage programs to keep customers happy and competitive and profitable. “Said Ausmann.

“Jeff is a dynamic leader, caring sales professional and team player with a proven track record of growing sales to meet the needs of B2B and B2C customers,” said Dan Harder, Vice President, 1st Reverse Mortgage United States of America®. “His customers trust him and credit him with his dedication to customer service for their satisfaction and repeat business. Our entire team respects Jeff for his significant contributions. We congratulate him on this well-deserved promotion.”

Media contact: Dale Jones, [email protected] (303) 854-3047


1st Reverse Mortgage USA® is a full service national mortgage company providing lending and service through retail, wholesale, banking, credit union and correspondence departments. 1. Reverse Mortgage United States of America has created a unique niche in the market by combining the best of traditional mortgage lending with the innovation and expertise of a mortgage lender. The company, a division of Cherry Creek Mortgage Company, Inc., comprises over 60 retail branches across the country with over 250 experienced and knowledgeable mortgage loan specialists ready to serve our customers and their needs.

1. Reverse Mortgage United States of America and 1. Mortgage Solutions United States of America offer a variety of products including reverse mortgages, HECM for sale, FHA loans, VA loans, USDA loans, and conventional loans. The company has direct authorization from HUD, Fannie Mae (FNMA), Ginnie Mae (GNMA) and Freddie Mac (FHLMC). Visit www.1stmortgage.com or call (877) 217-0166.

SOURCE 1. Reverse Mortgage United States of America

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