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Fact Sheet

BUSINESS NAME	LoanWell Financial Corporation
CORPORATE OVERVIEW	A multi-state licensed reverse mortgage lender.
COMPANY HISTORY (year biz started, what type of biz – inc., llc)	Founded in January 2006 by Michael Banner (President) and Richard Singer (VP), who have a total of 50 years of mortgage experience.
PRODUCT / SERVICE OVERVIEW	Full mortgage banking company, an FHA DE (Direct Endorsement), offering reverse mortgages. Reverse mortgages allows seniors (ages 62 and up) to take equity from their home at a highly competitive rate without any payment structure until the seniors leave their home permanently.
CERTIFICATIONS and AFFILIATIONS	FHA DE (Direct Endorsement) -  approved to do business with the largest mortgage wholesalers in the US Member of the FL Mortgage Bankers Assoc Association Member of the FL Mortgage Brokers Association Member of the NJ Mortgage Bankers An accredited CE instructor with the Florida Financial Planning Association Soon to be an accredited CE instructor with the Florida Insurance Association
DISTINCTIONS	Currently the 3rd largest non-bank owned reverse mortgage company in Florida and on track to be the largest by the end of March, 2008 National Reverse Mortgage Lenders Association (NRMLA ) recognition as one of the largest lenders that is not tied to banks
# OF EMPLOYEES	40 full time and growing
HEADQUARTERS ADDRESS	13700 58th St North, Suite 205, Clearwater, FL 33760
OTHER COMPANY LOCATIONS	Hollywood, FL Ocean, NJ
COMPANY CONTACT NAME	Michael Banner, President
MEDIA CONTACT	Margie Zable Fisher, [email protected], (561) 417-0006
WEB SITE	www.loanwellrm.com