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  Reverse Mortgages.com Reverse Mortgage
Reverse Mortgages.com Reverse Mortgage
in Reverse Mortgages from Reverse Mortgages.com, Inc
Unaffiliated

Reverse Mortgages.com Reverse Mortgage

Unaffiliated
in Reverse Mortgages from Reverse Mortgages.com, Inc
SuperMoney Net Recommendation Score +86  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +86, equating to 4.7 on a 5 point rating scale.

+86

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly recommended

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Highlights
Community Rating Strongly recommended
Origination Fee ($) $2,500 - $6,000
Loan Amount N/A
Margin Rate N/A
Number of Reviews 7

Reverse Mortgages.com Reverse Mortgage Review

Reverse Mortgages.com Reverse Mortgage is offered by Reverse Mortgages.com, Inc, founded in 2014 and based in Columbia, MO. Reverse Mortgages.com Reverse Mortgage are available in state across the USA.

Reverse Mortgages.com Reverse Mortgage FAQ

What types of reverse mortgages does Reverse Mortgages.com Reverse Mortgage offer?

Reverse Mortgages.com Reverse Mortgage 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.

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 reverse mortgage via Reverse Mortgages.com Reverse Mortgage?

Reverse Mortgages.com Reverse Mortgage 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 Mortgages.com Reverse Mortgage charge for a reverse mortgage?

Reverse Mortgages.com Reverse Mortgage 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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About Reverse Mortgages.com Reverse Mortgage

Feature Breakdown

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

Reverse Mortgages.com Reverse Mortgage Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +86, equating to 4.7 on a 5 point rating scale.

+86

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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