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Reverse

Hot Seat: Ryan LaRose

From his most memorable moment to what he thinks industry growth is dependent upon, we get the personal and professional facts from Ryan LaRose, EVP of Celink, in our monthly edition of The Hot Seat.

You can’t always be what others want or expect you to be. You have to be true to yourself.

When I was younger I wanted to be a garbageman. Who wouldn’t want to ride around hanging on to the outside of that cool truck?

Every morning I wake up excited about the day, unless of course we have auditors in the office.

I’ll never forget the birth of my two sons, Owen and Nolan. The two happiest days of my life.

The best job I’ve ever had is my current one. The opportunity to learn from and work closely with my dad has been a once-in-a-lifetime experience.

My parents taught me how to live each day as if it’s your last, and to plan as though you will live to be 100.

Right now I’m listening to a Detroit Tigers game.

The most memorable moment in my life was when I met my wife, Erin, for the first time.

A good friend is someone who knows all your faults and is still your friend.

My favorite book is Into Thin Air by Jon Krakauer.

My favorite quote is ”I’m a great believer in luck, and I find the harder I work, the more I have of it.” – Thomas Jefferson

The biggest challenge in the reverse mortgage industry is overcoming outdated or incorrect information about the product.

People should seek a career in the reverse mortgage industry because you are able to see the positive impact the product has on seniors on an almost daily basis.

The most fascinating thing about the reverse mortgage industry is how nothing seems to stay the same for long.

I am optimistic about the reverse mortgage industry because the challenges we have faced have weeded out those who are not fully dedicated to the product.

If I could change one thing about the reverse mortgage industry it would be that the mainstream media would realize what a great product it can be for so many seniors.

Reverse mortgage professionals can best support the public image of reverse mortgages by maintaining a reputation of being open and honest about the pros and cons of the product.

Industry growth is dependent upon additional secondary market options. Relying on one outlet (Ginnie Mae) is not healthy for long-term growth.

The biggest impact reverse mortgages offer to seniors is financial independence.

The most confusing aspect of reverse mortgages is the servicing fee set aside. Servicers are thankful every day that it has gone away on new loans (at least for now!).

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