GIG HARBOR, Wash., April 22, 2025 /PRNewswire/ -- HECM Tool, recognized as the leading software in reverse mortgage sales and conversion, has made a significant announcement regarding its platform. The company has successfully integrated Smartfi Home Loans' proprietary reverse mortgage product, known as Choice Fixed, into its software system. This development is poised to enhance the offerings available to traditional mortgage brokers and loan officers, allowing them to provide reverse mortgage optionsincluding the innovative Choice Fixed productto their clients more effectively than ever before.

This latest update marks a significant evolution in the reverse mortgage landscape, as it facilitates seamless side-by-side comparisons and utilizes intuitive visuals that create a clearer understanding for brokers and their clients. By bridging the gap between forward and reverse lending, the HECM Tool aims to simplify the sales process and empower mortgage professionals with the tools necessary to succeed.

Kim Smith, Senior Vice President of Wholesale Lending at Smartfi, expressed enthusiasm about the new integration, stating, "We're incredibly excited to see Choice Fixed now available within the HECM Tool platform. This partnership combines our industry-leading Choice product with a game-changing tool for the wholesale channeldemonstrating Smartfi's commitment to product innovation and making reverse mortgages easy." This sentiment reflects the growing demand for accessible and efficient reverse mortgage solutions.

The Choice Fixed product boasts several advantages, including fixed-rate stability, expedited closings, and broader borrower eligibility compared to FHA-insured Home Equity Conversion Mortgages (HECMs). With its complete integration into the HECM Tools user-friendly interface, loan officers can quickly and easily compare and present both HECM options and proprietary reverse mortgage solutions for clients interested in refinancing or purchasing a home.

Joshua Evink, Vice President of Wholesale Lending at Smartfi, also shared his insights, stating, "This is exactly what brokers have been asking for. The HECM Tool gives brokers the confidence to offer reverseand now they can include one of the most competitive proprietary products in the market." This endorsement further underscores the importance of addressing the needs of brokers in a rapidly evolving market.

HECM Tool distinguishes itself as the only reverse mortgage software that has demonstrated significant improvements in conversion rates by streamlining the sales process through advanced data visualization and comprehensive reporting capabilities. With this new integration, brokers gain a valuable resource that enables them to:

  • Instantly compare HECM and Choice Fixed scenarios
  • Present refinance or purchase options clearly and effectively
  • Educate clients visually without overwhelming them with technical jargon
  • Step confidently into the reverse mortgage sector, even without prior experience

Tane Cabe, Founder and President of HECM Tool, remarked, "Forward loan officers now have a clear path into the reverse space. We're thrilled to include Choice Fixedit's more than another product; it gives originators clarity and confidence when presenting reverse solutions." This integration not only enhances the offerings available to brokers but also encourages the expansion of services to one of Americas most underserved borrower groups.

Choice Fixed is now available to all HECM Tool subscribers, thereby empowering brokers to broaden their reach and effectively serve this niche market.

About HECM Tool
HECM Tool is recognized as the premier sales platform for reverse mortgage originators, offering innovative data visualization and scenario modeling that enhances conversion rates. For more information, visit tane@hecmtool.com
(253) 765-5035

SOURCE HECM Toolbox