Financial Freedom Reverse Mortgage Reviews

2.0 of 5 | 5 Reviews
Overall Rating
1.8
Rates & Fees
2.0
Customer Service
2.0
Knowledge & Expertise
  • Financial Freedom is another nationwide originator of reverse mortgages that has closed their business. At one time, Financial Freedom was among the top 10 HECM (reverse mortgage) lenders in the USA. They had originated and serviced reverse mortgage loans since the late 1980s.

    Headquarters: Irvine, CA
    Website: www.financialfreedom.com
  • Additional Information

    Financial Freedom Top States National
    FHA/HUD Approved Yes
    NRMLA Member No

Bills.com Rating

4.5

Before they closed, Financial Freedom's expertise and experience with reverse mortgages made them a great company to work with.

Pros: N/a
Cons: No Longer In Business

Reviews & Ratings

Reverse Mortgage

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Farnham, VA  |  March 20, 2013
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5.0

4.0
Rates & Fees
5.0
Customer Service
5.0
Knowledge & Expertise

People who have reverse mortgage don't have a clue what they get themselves into. All they know is they don't have to pay back the loan. They took the money and spent every penny then wonder where the money went. Remember this is a loan. It has to be paid somehow.

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Explanation of Financial Freedom Terms

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January 11, 2013
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1.0

1.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

After the death of a relative we contacted Financial Freedom to explain their latest statement. After over 20 minutes on hold, a girl with a Philipino accent answered. She was sweet, however, her lack of knowledge and inability to answer questions was disappointing. We are sending request via certified mail and hope to get the needed clarification for probate and legal team.

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TERRIBLE

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Denver, CO  |  November 13, 2012
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1.0

1.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

My father passed away in June. The call center people at Financial Freedom are completely uneducated. They lied to me or just didn't know the procedure for the reverse mortgage. Do not trust them. I would advise against anyone seeking reserve mortgages to go with another company

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Amalia D.
Austin, Te  |  March 20, 2013
 
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Knowledge & Expertise

What do you know about reverse mortgage ? Your comment makes no sense.

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Financial Freedom

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Thousand Oaks, CA  |  August 14, 2011
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1.0

1.0
Rates & Fees
1.0
Customer Service
1.0
Knowledge & Expertise

Financial Freedom is not originating loans any longer but still doing anything in their power to obtain the property and assets of the vulnerable seniors they fraudulently sold their product to over the years.

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Scott B.
Guerneville, CA  |  October 11, 2011
 
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Knowledge & Expertise

Financial Freedom reverse mortgage will be remembered for the lives and families they have destroyed with their deception and high fees.

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No longer doing reverse at Financial Freedom Reverse

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Dix Hills, NY  |  March 23, 2011
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2.0

2.0
Rates & Fees
2.0
Customer Service
2.0
Knowledge & Expertise

Financial Freedom is no longer originating reverse mortgages. Don't use them for a reverse mortgage.

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