Bank of America Reverse Mortgage Reviews

4.0 of 5 | 1 Reviews
Overall Rating
4.0
Rates & Fees
4.0
Customer Service
4.0
Knowledge & Expertise
  • Bank of America Reverse Mortgage was the nation's second leading reverse mortgage originator with a market share of close to 10%, prior from its exit from the market. Bank of America Reverse Mortgage offered plenty of online information, tools, and calculators that helped seniors evaluate a reverse mortgage.

    Related Provider Reviews: Bank of America Mortgage and Bank of America Debt Consolidation

    Headquarters: Charlotte, NC
    Website: reversemortgage.bankofamerica.com
  • Additional Information

    Bank of America Reverse Mortgage Top States CA, FL, VA, TX, MD, NC, GA, IL, AZ, NC, MA
    FHA/HUD Approved Yes
    NRMLA Member Yes

Bills.com Rating

4.5

Before it stopped offering reverse mortgages, Bank of America helped seniors understand the reverse mortgage loan process by ensuring that each borrower was viewed as an individual and not just a loan.

Pros: N/A
Cons: No Longer Offering Reverse Mortgages

Reviews & Ratings

Wonder why they left the market?

Avatar

Santa Fe, NM  |  March 09, 2013
Show ratings detail Hide ratings detail

4.0

4.0
Rates & Fees
4.0
Customer Service
4.0
Knowledge & Expertise

I was browsing the web and saw that the company I used to get a reverse mortgage, Bank of America Reverse Mortgage, is no longer offering them. It doesn't matter to me, I guess, but I will say that I am satisfied with my reverse mortgage.

Reply to a provider review
Thanks for your feedback!

Get Free Reverse Mortgage Quotes

 

Tool Box   Easy to use resources to help you find solutions to your money questions