Jake Droge Image

Jake Droge, CRMP
Loan Officer
NMLS #403695
Call 605-941-7029

Email  jdroge@university-bank.com

I’m here to help seniors convert home equity into cash for retirement, medical bills, travel, healthcare, house repairs, extra income, or other worthwhile purposes.

Building Trustworthy Relationships

As the nationwide expert in all things reverse mortgages I partner with traditional loan officers, financial advisors, attorney and realtors with their reverse mortgage needs. In 2007 is when I had the opportunity to start in the Reverse Mortgage field. This has allowed me to have an impact on many seniors through the years. I help clients who are experiencing cash-flow issues and have saved homes from foreclosures and short sales by providing solutions using a reverse mortgage.

As the first Certified Reverse Mortgage Professional (CRMP) who is located in SD and who will travel as needed to serve the needs of my clients this has allowed me to exceed the expectations of my clients. I have even went to Tennessee to meet with a client in the past.

As I work with clients a question that I ask is, “Is your goal to preserve cash-flow/income or equity in retirement?” Based on their answer I can educate potential clients and their families on how a reverse mortgage could fit their needs in retirement. I have financial advisors, bankers, and others throughout the United States who ask for my guidance and expertise when they are planning for their clients.

With the opportunity to help clients across the United States I have become a subject matter expert for many financial advisors and their networks. I have been a speaker at various organizations from senior centers, NAIFA events in South Dakota, to home shows throughout the region. My goal to be known as the younger Tom Selleck with all things reverse mortgage.

Being a veteran of the United States Army as a member of the South Dakota Army National Guard as a medic I take great pride in helping veterans and their family members. As a member of the American Legion for many years I am available as a resource when needed. Coffee is always on if you are a veteran coming through my area.

Many individuals also know me as the “Flagman” as I have a goal to complete a half-marathon in all 50 states carrying an American Flag, If you would like to join me at an event please send me message. I will even have an American Flag for you.

I am currently with University Bank which is a federally chartered bank which allows me to originate loans across the United States. If you have any questions if a reverse mortgage may be a fit for you or clients feel free to call me on my cell phone 605-941-7029.

Reverse Mortgages and YOU

Our mission is to create awareness and a better understanding of reverse mortgages throughout the older adult community as well as within the professional community. We are a bank focused on listening and responding to our community’s true needs, providing the highest level of service to the people, small businesses and organizations we serve.

Our reverse mortgage experts help seniors convert home equity into cash for retirement, medical bills, travel, healthcare, house repairs, extra income, or other worthwhile purposes. One of the great concerns we all have when making important financial decisions is whether or not our advisors know enough and care enough to give us the right advice. University Bank Reverse Mortgage division has been educating clients and their families about reverse mortgages long before many people even knew what they were, and well before any of the TV pitchmen arrived. We are one of the oldest reverse mortgage teams in the United States. We know our products, we listen to our clients, and we understand their needs.

University Bank’s Values Statement