PRMI’s First Reverse Mortgage Only Office Opens in Maryland

Industry leader Steven Sless runs the branch located in Owings Mills

OWINGS MILLS, Md. (July 8, 2019) – Primary Residential Mortgage, Inc. (PRMI) is introducing a new concept in Maryland. The lender recently opened its first consumer-direct retail branch dealing exclusively with reverse mortgages in Owings Mills.

PRMI Reverse Mortgage Division Manager Steven J. Sless (NMLS: # 298581 MLO: # 49963) oversees the office located in Boulevard College Center at 10995 Owings Mills Blvd., Ste. 216, Owings Mills, Md. 21117.

“Senior home owners will have a much better experience engaging with staff who fully understand their specific needs and can offer the appropriate tools to assist them,” Sless said. “I’m thrilled to launch the reverse mortgage only office concept in Owings Mills and expand our footprint regionally through strategic and organic growth.”

Sless and Operations Manager Andrew Parker are currently seeking a loan processor, as well as additional loan originators to join them at the Steven J. Sless Group at PRMI in Owings Mills.

“Our commitment to helping customers utilize the benefits of reverse mortgages is only augmented by the addition of Steve and his team,” said PRMI President of Retail Chris Jones. “Steve’s experience is invaluable, and we can’t wait to see where this partnership takes us.”

Bringing 16 years of industry experience, Sless most recently launched a reverse mortgage division for US Mortgage Corporation and built a curriculum to teach originators about the product.

Through the years, Sless has become “the go-to housing wealth leader” among industry media and has built a reputation as a powerful speaker and communicator. Along with educating traditional loan originators working at PRMI’s 270 branches nationwide about reverse mortgages, Sless will continue to present seminars and learning workshops for consumers, their family and trusted advisors.

“It is education first – teaching how the strategic use of home wealth, by way of a reverse mortgage, can protect and preserve their retirement portfolio to ensure they don’t outlive their money,” Sless said. “My goal is to dispel myths and common misperceptions about reverse mortgages and show seniors how to achieve peace of mind by helping them to secure the retirement they deserve.”

“We’re providing liquidity, accessibility and flexibility for seniors who want to age in place and have a better lifestyle – whether it’s retrofitting their homes, buying new homes or increasing cash flow to pay for medical expenses and maintain their standard of living,” he added.

About The Steven J. Sless Group

Headquartered in in Owings Mills, Md., NMLS 176375 The Steven J. Sless Group of Primary Residential Mortgage is the lender’s national division dealing exclusively with reverse mortgages. For more information, visit www.TheStevenJSlessGroup.com or call 410-814-7575. Or follow @MoreWithSless on Facebook, Twitter, LinkedIn and Instagram.

About PRMI

Primary Residential Mortgage, Inc. (PRMI) is a nationwide, multibillion-dollar operation cofounded in 1998 by Dave Zitting, Jeff Zitting and Steve Chapman. With nearly 250 branches, licensed in 49 states and over 1,500 employees, PRMI has been repeatedly recognized as a top mortgage lender and was recently inducted into the 2018 Ellie Mae Hall of Fame for Excellence in Compliance. For more information, call 1-800-255-2792, visit www.primaryresidentialmortgage.com or follow them on Twitter and Facebook. PRMI is an Equal Housing Lender. NMLS #3094.

Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act 4130403.  Licensed by the Delaware State Bank Commissioner to engage in business in Delaware 5644 expires on 12/31/2019.  DC-Department of Insurance, Securities and Banking Department MLB3094.  Florida Office of Financial Regulation MLD646.  Georgia Residential Mortgage Licensee. Georgia Department of Banking and Finance 6521. IN-Department of Financial Institutions Consumer Credit Division, First Lien License 11069 Secretary of State Securities Commission Second Lien License 103936.  Maryland Department of Labor, Licensing and Regulation Commissioner of Financial Regulation #5511.  New Jersey Department of Banking and Insurance.  Pennsylvania Department of Banking and Securities.  VA-Bureau of Financial Institutions: MC-2248 Broker MC-2248 NMLS # 3094 (http://nmlsconsumeraccess.org). WA-Department of Financial Institutions CL-3094.