Did reverse mortgage funding go out of business? (DBRS Morningstar) notes that Reverse Mortgage Funding, LLC (RMF) filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Distri... Mehr ansehen
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Das sagen Bewerter
Our Reverse Mortgage was a bit of a "bumpy ride" since we were coming out of Forbearance after the Pandemic with our 1st and 2nd Mortgages. Karen White skillfully guided us through the process and was... Mehr ansehen
Unternehmen hat geantwortet
This was our third "go-around" with RMF as the current real estate market has gone "ape" here in Maricopa county, AZ. Andrew has been very helpful with his keeping us up-to date with either email or... Mehr ansehen
Unternehmen hat geantwortet
Dave Marsh was fantastic all through the entire process. The first appraisal came back low so with his input decided to hold off until we remodeled some and then conducted another appraise. The sub... Mehr ansehen
Unternehmensdetails
Über Reverse Mortgage Funding
Vom Unternehmen geschrieben
At Reverse Mortgage Funding LLC (RMF), we are dedicated to helping older Americans live the retirement lifestyle that they imagined and deserve, in the comfort of their own home. Reverse mortgages are our only line of business, and meeting the needs of this important segment of our society is at the core of everything we do.
RMF is committed to — and recognized for — providing extraordinary customer service experience. Part of the reason for our consistently excellent customer service ratings is that we provide an experience that’s tailored to each individual. RMF is by your side throughout the entire process of your reverse mortgage loan or Home Equity Conversion Mortgage (HECM) loan.
This material is not from HUD/FHA or any government agency and we are not acting on behalf of HUD/FHA or any government agency. Company NMLS ID: #1019941. For licensing information, go to: www.nmlsconsumeraccess.org. Additional licensing and disclosures: https://reversefunding.com/licensing. For CA consumers: For information about our privacy practices, please visit https://www.reversefunding.com/privacy. Licensed Mortgage Banker-NYS Department of Financial Services -in-state branch address 700 Corporate Blvd, Newburgh, NY 12550. RMF is a Licensed Mortgage Banker in the State of NY, but this site is not authorized by the NY State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of NY can be facilitated through this site. RMF is an Equal Housing Lender and Equal Opportunity Employer.
Kontaktinformationen
1455 Broad Street - Second Floor, 07003, Bloomfield, Vereinigte Staaten
- 877-485-1359
- inquires@reversefunding.com
- reversefunding.com
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Das haben sich andere Leute angesehen
Larry did a excellent job of keeping…
Larry did a excellent job of keeping our loan moving forward during a very difficult loan transaction.

Antwort von Reverse Mortgage Funding
Karen White
Karen White was greatly helpful in explaining the loan process from the beginning to the end. During the process she took the time in teaching me how to use my computer for signing loan docs. Although my previous lender was slow in providing the closeout balance, Karen helped me in being patient until we got the information that was needed. She also checked with on a regular basis to keep me updated. I would highly refer to future clients.

Antwort von Reverse Mortgage Funding
Carol Fischetti- BEST Loan Officer Ever
Carol Fischetti was our loan officer and must say that she was the BEST I have ever worked with. She was available anytime and went above and beyond to get the loan finalized and approved.
Carmella & I appreciate the work she has done and will recommend her to anyone in need of her expertise.
All the Best
Joe

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My Refinance Experience
I worked with Jason Margelefsky and David Marsh. Both were competent and helpful. The process requires an onerous collection of financial data. This process was facilitated by courteous guidance. The process moved forward at a reasonable pace to positive outcome.

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Confusion and questions
Poor communication between client and lender. Way too long of a process. Disappointed with two appraisals. After the first was considered too high, we had to wait for a second to be scheduled, and completed. The first appraisal seemed thorough and took a little over an hour. The second left so many items unchecked, and took about twenty minutes.
No attic inspection and no questions about the solar details, until a phone inquiry at a later time.
Overall, not a very satisfying experience.
We're happy we chose RMF
After years of research and hesitation, we finally decided to get a reverse mortgage. After interviewing many other lenders, we were sure we would be best served by a lender that specialized exclusively in reverse mortgages only. Although there were others, we selected RMF because they had an excellent reputation as a national lender and they wouldn't sell our loan off to other banks or lenders for servicing. Our loan officer was Russ Sonnenborn who stayed in touch with us every step of the way. Very knowledgeable and professional. It was a pleasure working with Russ.
We often heard horror stories about the reverse mortgage program, so we're happy we chose Reverse Mortgage Funding.
Great service
Great service. Very professional and friendly. I would highly recommend.
Good Experience with Phil Miller
Phil was great. He was professional, smart, friendly, energetic and took care of all our issues. We truly enjoyed his service on our behalf.
Our loan officer
Our loan officer, Andrew, was very helpful with the entire process. He responded to all of my questions and concerns even on weekends and in the evening. When something popped into my mind, I would send an email to Andrew and he would reply immediately. The biggest problem that I had was with the appraisal. The appraiser pointed out some problems with my house that I had not had repaired because of the Pandemic and they were covered under my house warranty. Because of the refusal of the underwriters to finalize the loan, 2 problems with a total of $1,000 estimate to repair them, for a house that was appraised at $830,000, seemed ridiculous. I was forced into resolving the problems before I felt comfortable doing so. Jason Lynch worked on my behalf to resolve the problem and arranged for a plumber to give final approval of one item. The other item was a garage door opener, covered by home warranty, which I had replaced, but the repairman, determined that an additional $1200 was needed to replace all of the garage door hardware. Since I was under pressure from the underwriters to complete the work, I did not get additional estimates nor even find out if the work was necessary. I just paid for the additional repair. So my only real problem was with the underwriters and the appraiser. The loan officer and his team were magnificent and the loan went through as promised.

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Even with some "bumps in the road"
Even with some "bumps in the road", Jerry Henley was great to work with and always there with answers to my questions.

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all the information was clearly…
all the information was clearly explained making the loan application easy to complete. My wife and I were very impressed by his explanations on all of the paper work. He made the refinancing a simple undertaking.Will inform my friends if they plan on applying for refinancing to call him .

Antwort von Reverse Mortgage Funding
The experience with RMF was very…satisfying
The experience with RMF was very positive. My loan agent worked with me promptly through the bid process and was able to match any other competitor. He was constantly in contact with me throughout the loan process and helped me manage adjustments to the final numbers. Highly recommended

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My experience
My loan officer, Bob Kopcha, answered any and all my questions and the paperwork was reasonable as requested by a competent processor, Mr Lynch. Thank you for your professionalism from application to closing!

Antwort von Reverse Mortgage Funding
Get the best deal through RMF
To begin with, I first contacted the other guys and received their offer. Then, I called RMF and without telling them about the other offer, RMF offered me a FAR higher offer. I was impressed how easy it was to do all the paperwork involved. Everything was done at our home. I needed to provide several documents proving my income and expenses as well as payment history. Then a phone call from someone who independently explains what a Reverse Mortgage is as well as your rights and responsibilities are. A few weeks later the appraiser did a quick appraisal. About 10 days after that we signed the final papers and 6 days later the check arrived. It really was an easy process.
My advice would be to first make certain you really want to stay in your house. If so, go with RMF since they offer much more than the other guys and then use your money to spend on the things you really want for your house. WE are building a pool!

Antwort von Reverse Mortgage Funding
Thanking Karen White
With the kind and carefully thoughtful advice and support of Karen White, we successfully acquired our reverse mortgage. She was particularly attentive to informing us about the progress of our application and next steps. We are pleased share our appreciation for the services Karen provided.
Trish and Jim

Antwort von Reverse Mortgage Funding
Commendations and Recommendations
Everybody with whom I had personal contact were very professional as well as cordial, however, those RMF personnel that are reviewing and making entries to supporting documentation need to exercise more care to assure accuracy. My request for a withdrawal of $15,000 did not get honored because of erroneous entries and repetitive errors that continued to be made to the supporting documents. I understand that actions are now being taken to make this $15,000 available to us by another process, however, a significant amount of RMF's time, the notary public's time, as well as our time, was wasted endeavoring to execute the initial withdrawal process, which eventually failed.
Dr. Andrew Perry, P.E.
In the beginning everything seemed so…
In the beginning everything seemed so bright and merry, however as time went on things got to be ridicules, communication with the company got to be less and less. I provided everything on my part, just because my house was paid off, it took many papers for them to believe it, including my sisters death certificate who had given me the money to pay the house off. I had the paid off deed but it just seemed to be not enough for them. Then comes the appraisal, first was 258,000.00 then the company they say HUD did not like the value, so they sent another appraiser from the same Valuation Group who chose properties that were not even in my neighborhood, such as one that was 1.6 miles away not even close to the type of neighborhood I live in, all to get a lower appraisal of 215,000.00, I knew I had a problem with the appraiser when he did even measure the house right and I had to correct him. Yes I finally got the Reverse Mortgage .
My experience with Reverse Mortgage Funding
In my situation it took a while to clear certain issues that were preventing me for a quicker approval. Thanks for RMF in assisting me to clear the issues and I am very happy that my loan has been approved.

Antwort von Reverse Mortgage Funding
Larry is the best
Larry is the best, he explains everything clearly and didn't get frustrated if I asked too many questions. I would refer him to anyone who is considering a reverse mortgage. He was very easy to talk to and took the time to explain

Antwort von Reverse Mortgage Funding
Very professional and helpful.

Antwort von Reverse Mortgage Funding
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