The team at Resolute Bank is happy to introduce Reverse Mortgage Specialist, Rick McInturff. Rick is located in Washington D.C. Metro Area and brings 10 years of reverse mortgage experience to our team.
We asked Rick to share a little bit about himself and his career as a trusted resource to his clients, colleagues and referral partners.
Rick: I initially got into the reverse mortgage business because an underwriter at a previous job told me how amazing it was for her mom and it allowed her to remain in her house on her terms. I didn't know a thing about reverse mortgages since I was a forward mortgage wholesale guy but my underwriter helped me to better understand it. I left that job to work for Liberty Reverse Mortgage in Sacramento and Phil Scott changed my life with his breakdown of how amazing this product was under the right circumstances. I bring him up because I've run into many ex-Liberty folks through the years that all say the same thing about Phil. With all the changes that have taken place in our field its sometimes tough to keep going but the people I've worked with in the past are the one's that make me realize we can make a difference in this world through this product.
Q: Who is your most memorable client and why?
Rick: I don't have just one single favorite story, there are too many to say that only one is the best. Some are because I really liked the people and we became good friends or the situation was so perfect for the product that nothing else would have worked except selling and moving into unknown circumstances. But I'll share a quick one about a sweet dear lady in Baltimore. She had been a waitress her entire life at a diner in Baltimore, since she was about 14 years old. She would have up and down months as a waitress, through tough times and good times and her boss constantly told her to make sure she was claiming her tips on her taxes but she never did, she was too afraid it would end up making her pay extra taxes each year that she couldn't afford. She and a friend she worked with were able to buy a nice little house in Baltimore in her late 30s that turned out to be in a neighborhood that continued to appreciate through the years. Neither of them ever married but her friend died in her 50's and left some money in her will to help the lady to pay off the mortgage. Then she developed some problems with her legs into her early 60s but was able to work until 64 before she retired. When she applied for social security her benefits were only about $400 a month because she only claimed the hourly wages she earned and not the tips. Her home was paid for and worth over $350,000 at the time and its been a while but I remember her getting close to $2000 a month (if not a bit more) from a tenure payment. Throughout the whole process she was so excited and we developed such a real and trusting relationship and she would constantly tell me I was a gift from God that first time she met me. She said she knew it when I came to her house and a bright light had shown into her living room where she was sitting and then I appeared at the door. I kept telling her it was my car window on my door and when I opened my door that it shined a bright light on her porch. She said I could believe whatever I wanted to but she knew someone was looking out for her and had sent me to help her. She was so cute, couldn't have been more than 5 feet tall but tough as nails. I always like to tell people that story- and there are so many others.
Q: If you could have lunch with anyone, past or present, who would that be?
Rick: I was and still am a huge Cary Grant fan and I love a good cocktail so being able to sit down for a few drinks with Cary Grant would be awesome and oh did he like to drink. As far as today- would love to have lunch with my 2 best friends as we don't see each other as often as I'd like to.
Here at Resolute Bank, we believe our business is about providing a better quality of life and a higher standard of living for our seniors. Our reverse mortgage products are unique financial tools available to senior homeowners that can help you live your life more fully by reducing financial worries. Rick offers our reverse mortgage loans with unparalleled service in 49 states.