Bob Tranchell Photo

Bob Tranchell

HECM Senior Vice President

NMLS#286716

Bob Tranchell has a BA in Religion from the University of Massachusetts. He also studied vocal performance at Boston University and Arabic language at the American University of Cairo. His professional career has always centered on improving the lives of those he meets. He spent 18 years in the ministry many of them overseas in developing countries, before making the transition into the HECM industry.

Working exclusively in the HECM industry for the past 15 years, he established himself as an industry expert excelling at sharing the value of home equity retirement planning. Education has always been the hallmark of his career where he has developed curriculum for CFPs, CPAs, and Realtors, and has taught hundreds of professionals the value of using HECMs in retirement planning. Bob has a passion for his work, because he has seen time and time again how home equity management allows his clients the dignity, quality of life, and financial security they deserve.

The HECM has changed dramatically over the past seven years. Bob’s years of experience and interactions with educators and financial planners have led him to develop a multi-faceted approach to HECM financing. Most people think of the HECM to supplement social security, but many are not aware of the power of the HECM in retirement planning. The HECM can have tremendous benefits in portfolio management, moving in retirement, healthcare and long-term care spending and the most popular approach is the HECM Rate and Term Refinance. The flexibility of the HECM has allowed Bob to write loans for retirees ranging from those in foreclosure and to others with multi-million-dollar portfolios.

Bob and his wife Laurie, of 30+ years, live in Cape Cod. They have three grown children; Amira, Alessio (wife Caroline), and Ashley. Life near the ocean meets Bob’s love of sunsets and sailing. He can also be found volunteering at assisted living communities sharing his love of music, performing Broadway, and “Old Standard” reviews for the residents. He continues his ministry through a small house church on Cape Cod.