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  Synergy One Lending Reverse Mortgage
Synergy One Lending Reverse Mortgage
in Reverse Mortgages from Synergy One Lending, Inc
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Synergy One Lending Reverse Mortgage

Unaffiliated
in Reverse Mortgages from Synergy One Lending, Inc
Net Recommendation Score +100  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

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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Highlights
Community Rating

Rating not yet determined  

Loan Amount Up to $636
Margin Rate N/A
Origination Fee ($) N/A

Synergy One Lending Reverse Mortgage Review

Synergy One Lending Reverse Mortgage is offered by Synergy One Lending, Inc, founded in 2013 and based in San Diego, CA. Synergy One Lending Reverse Mortgage are available in 44 states (and Washington, DC).

Synergy One Lending Reverse Mortgage FAQ

What types of reverse mortgages does Synergy One Lending Reverse Mortgage offer?

Synergy One Lending 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.

How much can you borrow with a reverse mortgage?

Reverse mortgages are a type of mortgage that makes it possible for older homeowners to borrow money by using the value of their home as security.

The maximum loan amount with this lender is $636. Note that the maximum loan amount you can borrow will vary depending on the value of the property, your age, how much you owe on it, and your creditworthiness.

What fees does Synergy One Lending Reverse Mortgage charge for a reverse mortgage?

Synergy One Lending Reverse Mortgage may charge a loan origination fee.

 

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About Synergy One Lending Reverse Mortgage

Availability

  Available in 44 states and Washington, D.C.
  • Alabama
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • North Carolina
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Age 62
Reverse Mortgage Options
  • Standard
  • HECM for Home Purchase
Reverse Mortgage Payment Options
  • Line Of Credit
  • Lump sum
  • Monthly disbursement
Loan Amount Up to $636

Synergy One Lending Reverse Mortgage Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

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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