Mount Vernon Mortgage Corporation announced it has hired Robert Tranchell to oversee the companies newly expanded reverse mortgage division.

Tranchell comes to Mount Vernon with almost a decade of experience in reverse mortgage lending said the company.

“Reverse mortgages are growing in popularity for homeowners over the age of 62,” said Robert Petrelli, president of Mount Vernon Mortgage Corporation, “but it’s a loan program that requires a unique kind of attention to ensure that the homeowner’s needs are properly met, so we made the commitment to expand the division to best serve our clients. Bob Tranchell has a wealth of experience with reverse mortgages and embodies the high ethical standard we demand from our employees. He was the natural choice to take the lead and we are pleased to have him on board.”

Throughout Tranchell’s professional career—18 years of which were spent in the ministry, both here and abroad in third world countries—he has focused on making a difference in the lives of those with whom he has come in contact. His transition into reverse mortgages allowed him to continue to serve people by meeting the unique financial needs of many senior homeowners said the company.

“I have a passion for my work because I have seen time and time again how home equity management allows my clients the quality of life, security, and stability they deserve,” said Tranchell.