Bank Launches Reverse Mortgage Subsidiary

image Mortgage Services III (MSI) announced the launch of Reverse Mortgage Division along with a new website.   

"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.

The company is headquartered in Bloomington, IL and is a subsidiary of First State Bank.

According to the company website, MSI has eight reverse mortgage loan officers.

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