Reverse, Inc

Reverse, Inc

in Reverse Mortgages from Reverse, Inc


Reverse, Inc


in Reverse Mortgages from Reverse, Inc

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Origination Fee ($) $2,500 - $6,000
Loan Amount N/A
Margin Rate N/A

Reverse, Inc Review

Where does Reverse, Inc do business?

Reverse, Inc is based in Columbia, MO. The company was founded in 2014 and offers reverse mortages in state in the USA.

What types of reverse mortgages does Reverse, Inc offer?

Reverse, Inc allows borrowers to apply for the following types of reverse mortgage.

Lump sum. The borrower can access the entire amount immediately. However, you will need to pay interest on the entire amount regardless of whether you spend it.

A line of credit. This is a more flexible option that allows borrowers to only borrow (and pay interest) on the amount they withdraw from their line of credit. In the case of reverse mortgages, the amount of cash available in your line of credit increases as time goes by.

Monthly disbursement. With this option, you get a monthly allowance. This is a good option if you need an additional source of income to cover your living expenses. It can be used in combination with a line of credit for additional flexibility.

What is the estimated funding time for a home loan via Reverse, Inc?

Reverse, Inc will typically provide a credit approval decision in less than an hour and fund the loan within 30 and 45 days.

What fees does Reverse, Inc charge for a reverse mortgage?

Reverse, Inc may charge a loan origination fee of $2500 to $6000

Borrowers can also expect a servicing fee of $25 to $35  

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  • Headquarters
  •   3401 W Broadway Business Park Court,
    Suite 213
    Columbia, MO 65203 USA
  •   Visit Site

About Reverse, Inc

Feature Breakdown

Servicing Fee $25 - $35
Origination Fee ($) $2,500 - $6,000
Minimum Age 62
Funding Time Range (in days) 30 - 45
Reverse Mortgage Payment Options
  • Line of credit
  • Monthly disbursement
  • Lump sum
Reverse Mortgage Options
  • HECM for Home Purchase
  • Standard

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