Paul N. Lovegrove, Esq.

– ATTORNEY –

ABOUT ME

Mr. Lovegrove has been practicing law for over 26 years.  After graduating Law School in 1986 he joined a firm which specialized in representing lenders, buyers, and sellers in residential and commercial Real Estate Transactions.  In addition, he also was involved in Estate work such as preparing Last Wills and Testaments as well as Trusts.  He has also represented estates during the Probate process.  Around 1992 he became one of the first attorneys in New York State to begin representing lenders on a regular basis for Reverse Mortgages.  His interest in Reverse Mortgages has only increased during the years to follow and he enjoys the feeling of accomplishment he gets when completing a closing for a senior in need.  In his words “I have seen the weight of the world being lifted off the seniors shoulders when they realize at the end of the closing that they will never have a mortgage payment to make again and that they will be entitled to remain in their house until they choose to sell or pass away”  Mr. Lovegrove is currently the Executive Vice President of Senior Settlement Services, A full service title and settlement company licensed in 36 states dedicated to the Reverse Mortgage industry.  Mr. Lovegrove was the Attorney who proved to  the Reverse Mortgage industry that Irrevocable Trusts are allowable under HECM (Reverse Guidelines) thus opening up the benefits of a Reverse Mortgage to those seniors whose homes are vested in a Irrevocable trust,  this includes Irrevocable Medicaid Trusts.   Besides his duties at Senior Settlement Services Mr. Lovegrove reviews trusts for most of the major Reverse Mortgage lenders throughout the country.  Theses reviews are paramount for lenders who need to be certain that the trust which owns a property being used to secure a reverse mortgage meets all government (HECM) guidelines.

COURT ADMISSIONS & CERTIFICATIONS

• Appelate Division of the Supreme Court of The State of New York in and for the 2nd Judicial Department
• US District Court, Eastern District of New York
• Member of The Long Island Housing Partnership
• Admitted in New York and Connecticut