Reverse Mortgage Lender Reviews and Profiles
Reverse Mortgage Lender Profiles and Ratings
Deciding who to go to for a reverse mortgage can be a daunting task when looking to secure a loan. That is why Bills.com has compiled a list of profiles on the nation's most reputable reverse mortgage lenders. Learn about the background of each lender and read real reviews from previous customers about their experiences. Find if a lender offers not only great rates, but also provides superior customer service.
One Reverse Mortgage is part of Quicken Loans, the #1 online mortgage lender with more than 33 years of mortgage experience. Based in San Diego, CA, One Reverse Mortgage offers both private and government insured reverse mortgages. They are a FHA and HUD approved lender and are members of the NRMLA. One Reverse Mortgage is dedicated to customer service, helping seniors to get educated and evaluate their options with each step of the reverse mortgage loan process. One Reverse Mortgage is a top 10 HECM lender in the US and offers a variety of tools and estimates on their site so seniors can better understand the product.
Related Provider Reviews: Quicken Loans Mortgage
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
Golden Gateway, founded in 2006, stopped offering reverse mortgages in 2010. At the time it exited the market, it was top 50 reverse mortgage lender. The Web site for Golden Gateway is no longer operative, so there is no longer access to a very strong reverse mortgage calculator they offered.
AAG Reverse is a lender that only specializes in originating reverse mortgage loans. AAG reverse is a recognized leader in the reverse mortgage industry, dedicated to providing seniors with quality customer service. AAG provides a free DVD and brochure to those looking to find out if a reverse mortgage is right for them and offers both fixed rate and adjustable rate reverse mortgage. AAG recently hired former Senator Fred Thompson as their spokesperson in an effort to dispel some of the negative publicity surrounding reverse mortgages.
iReverse Home Loans specializes in providing reverse mortgage loans and is an operating subsidiary of Hopkins Federal Savings Bank. iReverse believes in only providing reverse mortgages in the right situation and will help you understand how a reveres mortgage works as well determine if a reverse mortgage will be right for you and your family.
Gateway Funding Diversified Mortgage Services, L.P. is a full service mortgage banker offering a diverse product portfolio. Their knowledgeable and seasoned mortgage specialists are committed to helping borrowers achieve the dream of home ownership. Gateway Funding recognizes the challenges borrowers face today, and are determined to find the best possible solution for your current financial needs.
Founded in 2006, Security One Lending initially specialized in reverse mortgages and has expanded its product offerings to traditional mortgages. Security One Lending has grown to where it is now licensed in 40 states. Security One Lending has become one of the top reverse mortgage lenders and ranks in the top 10 of HECM lenders. Pat Boone is a spokesperson for Security One Lending.
MetLife Bank Reverse Mortgage is a nationwide reverse mortgage originator headquartered in Bridgewater, NJ. They are part of the MetLife family of companies, which has been in the financial services industry for more than 140 years. MetLife Bank offers personalized service and focuses on educating seniors about reverse mortgage and helping them decide if a reverse mortgage is appropriate for them. MetLife Bank Reverse Mortgage is also among the first companies to offer an identity theft resolution service at no additional cost. This service helps consumers get their finances and life back on track should they become a victim of identity theft.
Financial Freedom was a nationwide originator of reverse mortgages. It ceased lending in March 2011, and blamed "the regulatory environment" for the change. At one time, Financial Freedom was a major lender in the HECM reverse mortgage market. It started originating and servicing reverse mortgage loans in the late 1980s. Today, it continues to service its loans as a subsidiary of OneWest Bank.
Genworth Financial Home Equity Access, was the part of Genworth Financial that offered reverse mortgages. Genworth Financial is an international financial company offering many products, including, life insurance, annuities, etc. Genworth's reverse mortgage division was purchased by Ocwen Financial Corporation in late 2012, in a deal that closed in April 2013. Genworth originally entered the reverse mortgage business in 2007, when it acquired Liberty Reverse Mortgage. As a reverse mortgage originator, Genworth Financial Home Equity Access has been ranked in the top 20 US HECM Lenders.
Academy Mortgage LLC has been providing reverse mortgage loans to seniors since 1997. Academy Mortgage was founded in 1997 by Mark McVearry and originates loans primarily on the East and West Coast. Academy Mortgage provides a free no obligation reverse mortgage quote and will help you determine if a reverse mortgage is right for you. Academy Mortgage is a HUD approved lender and a member of the National Reverse Mortgage Lenders Association (NRMLA) and a member of the Baltimore County Department of Aging.
Liberty Home Equity Solutions is a new name for a reverse mortgage lender that has been around for 10 years. Started in 2003 as Liberty Reverse Mortgage. Liberty Reverse Mortgage was acquired by Genworth Financial and operated under the name Genworth Financial Home Equity Access, Inc. (GFHEA). As GFHEA, it expanded to offer reverse mortgages in 50 states and become one of the largest originators of reverse mortgages in the US. Liberty Home Equity Solutions became the official name in February 2013. Ocwen Financial Inc purchased Liberty Home Equity Solutions in a deal that closed in April 2013. Robert Wagner's reverse mortgage commercials advertise their services.
Proficio Reverse Mortgage is part of Proficio Mortgage Ventures and is a wholly owned subsidiary of Proficio Bank. Proficio Reverse Mortgage originates HECM (Home Equity Conversion Mortgage) loans in all 50 states in the USA. Proficio grew its reverse mortgage business into one of the top 10 reverse mortgage originators, in part by adding over 100 staff from First National Bank of Layton, a former top 10 reverse mortgage originator that stopped offering reverse mortgages.
Reverse Mortgage USA was founded by John Mitchell, a CPA. Reverse Mortgage USA has been established for over 10 years and is one of the top 10 HECM (Home Equity Conversion Mortgage) lenders in the USA. Reverse Mortgage USA is an industry leader in providing educational videos about reverse mortgages.
1st Reverse Mortgage USA is a division of Cherry Creek Mortgage Company, Inc. 1st Reverse Mortgage USA is a top reverse mortgage originator and was in the top 10 in 2012. Senior members of the 1st Reverse Mortgage USA team have occupied important positions in national industry trade groups.
FutureSafe Financial is a reverse mortgage company located in Santa Ana, CA. FutureSafe Financial only offers reverse mortgages and have trained their staff to focus on creating the best customer service experience throughout the reverse mortgage experience.
Generation Mortgage is a reverse mortgage originator based in Atlanta, GA and is among the top 10 HECM lenders. Generation Mortgage offers only reverse mortgages and its team is comprised of reverse mortgage pioneers and NRMLA architects. They offer competitive rates and various reverse mortgage loan products to help meet the needs of its borrowers.
For more than a decade, World Alliance Financial Corp. has been a leading reverse mortgage lender serving retail, professional, and wholesale needs by offering customers innovative ways to accomplish their retirement goals and providing professionals an opportunity to gain a competitive advantage in the marketplace.
The Mortgage House, Inc. is a direct lender, not a mortgage broker. From application to funding, everything is handled locally. They maintain "hands-on" control of each file every step of the way. At the same time, they also incorporate all the latest bells and whistles of modern technology and the most flexible, affordable pricing possible.
Guardian First is one of the leaders in the reverse mortgage industry and only offers reverse mortgages. Guardian First is a member of the NRMLA and is ranked in the top 20 of US HECM lenders. Guardian First provides a free online tutorial video on their site, a free educational DVD upon request, and contact information for HUD approved counselors.
Urban Financial Group is the largest reverse mortgage originator in the Midwest and is among the top 10 national HECM (reverse mortgage) lenders. Urban Financial Group sets a goal to provide consumers with excellent professional service. Urban Financial Group is an independent, full service mortgage company operating in Oklahoma, Kansas, Missouri, Colorado, Illinois, Indiana, Wisconsin, and Michigan.
Founded in 1864, First Horizon National Corporation is a premier financial services company offer a wide range of financial product from investment to savings to reverse mortgages. Today, the company is one of the top 50 bank holding companies in the U.S. and focuses on providing exceptional customer service.
Related Provider Reviews: First Horizon Home Loans
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