Steve
Loney, a Certified
Reverse Mortgage Expert, is Senior Vice President of Prestige Mortgage LLC, Reverse Mortgages SIDAC.
Previously he was Assistant Branch Manager in Minnesota and Michigan for one of
the largest Reverse Mortgages companies in the industry.
As a manager in the reverse mortgage industry
for over 4 years, Mr. Loney has assisted in supervising loan officers,
processors, as well as originating reverse mortgage loans. In addition, he has
developed a specialized processing system. This unique system is designed to
assist the processor in being much more efficient and accurate in the processing
of reverse mortgage loans. The system is also providing a database of
information for marketing and other analysis for the business.
Mr. Loney has also been instrumental in
developing relationships with many other mortgage companies and banks for the
purpose of originating and processing reverse mortgage loans for their
clients.
Mr. Loney attended Wisconsin State University,
majoring in Mathematics. He spent four years in brokering alternative financial
programs for businesses before entering the Reverse Mortgage industry. Prior to
that he was a controller for a large forest products company for twenty-four
years.
He enjoys several hobbies including basketball,
skiing, biking, traveling, and in the past, golf.