MetLife Bank is a unit of Metropolitan Life Insurance Co.
TUKWILA, Wash. – Pirme Alliance Solutions announced this afternoon it will be offering reverse mortgages to its 1,900 credit union customers through MetLife Home Loans, a unit of MetLife Bank.
Through MetLife, Prime Alliance will offer fixed and adjustable rate options for both traditional reverse mortgages and the newly-introduced “HECM Saver” option, which provides consumers with additional options.
“This agreement with Prime Alliance will offer America’s seniors greater access to reverse mortgages through their local credit unions,” said Eric Declercq, national sales leader, reverse mortgage division, MetLife Home Loans
“We’re pleased to add MetLife Home Loans as a business partner,” said Dan Green who leads the Prime Alliance’s credit union group. “MetLife Home Loans will help our credit union partners to their members with both strong products and dedicated support in the reverse mortgage arena.”
Prime Alliance previously entered into a reverse mortgage agreement with Golden Gateway Financial, but the company closed its doors last year.
Prime Alliance is a CU Service Organization that was founded by Boeing Employees CU, known now as BECU.
MetLife Bank is a unit of Metropolitan Life Insurance Co.
