Our Story

Since our company was founded in 2004, we have stayed true to our mission of helping clients build financial independence and security through home equity solutions. Over the years, we have grown from a small start-up to one of the largest Home Equity Conversion Mortgage lenders in the nation. We have helped over 40,000 seniors obtain access to the equity in their homes to help them live more comfortable and financially secure lives.

As we look forward to the next chapter in our history, you can count on Liberty to stay true to our core values and commitment to always put our clients’ needs first.

Timeline Milestone
2014
  • Launched HECM Zero Product
  • Over 40,000 loans funded
Liberty Home Equity Solutions
2013
  • GFHEA launches a new company name, Liberty Home Equity Solutions, Inc. on 2/1/2013
  • Liberty University is launched to promote associate and partner education
  • GFHEA issues its first Ginnie Mae security
Liberty Home Equity Solutions
2012
  • Ranks #2 in retail loans, 4,712 in HECM loan originations
  • Reaches 25,000 closed loan milestone
  • Launch TV advertising including Robert Wagner as spokesperson
  • Company grows to over 450 associates nationwide
  • Ocwen Financial, Inc., a leading global mortgage servicer announces plans to purchase Genworth’s Home Equity Access, Inc. – First Half of 2013
  • Changes the lives of 27,112 seniors
2012 - Ocwen Purchases GFHEA
2011
  • GFHEA becomes an approved Ginnie Mae issuer
  • Invests in on-line marketing to reach new segment of web-savvy seniors
  • Record Volume- funding 1,131 retail 3,694 wholesale loans
  • Changes the lives of 20,269 seniors
Genworth Launches Online Marketing
2008-2010
  • Expands service to 50 states
  • GFHEA enhances its operational capabilities including investments in new process efficiencies and increased compliance.
  • GFHEA helps over 15,444 seniors obtain a HECM loan in spite of financial crisis
2008 - Team
2007
  • Introduces wholesale financing for HECM loans (March 2007)
  • Genworth Financial, a global fortune 500 insurance company, acquires Liberty Reverse Mortgage.
  • Changes its name to Genworth Financial Home Equity Access, Inc. (GFHEA)
  • Expands footprint to17 states and employs 180 people
  • Changes the lives of 3,721 seniors
Liberty changes name to Genworth Financial Home Equity Access
2005-2006
  • Pete Engelken joins Liberty and becomes its first CEO leading a team of 40 people
  • Liberty expands its retail operations to 8 states
  • Becomes a top 10 HECM lender
  • Receives HUD Direct Endorsement Approval (2/2006)
  • Becomes Fannie Mae Seller / Servicer (11/2006)
  • TV & radio campaigns launched with spokesperson Jim Lange, former host of “The Dating Game”
  • Employs 130 people
  • Changes the lives of 1,630 seniors through HECM loans funds
2006 - Employs 130 people
2004
  • Liberty Reverse Mortgage is founded by Scott Hanson and Pat McClain, the owners of a leading Sacramento based financial planning firm (incorporated in CA on September 5, 2003)
  • Launches first direct mail marketing campaign
  • Changes the lives of 130 seniors through HECM loan funds
2004 The Start

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