As a top reverse mortgage lender, we think homeowners deserve more. So at Reverse Mortgage Funding LLC (RMF), we’re serving our customers by applying our fresh perspective. By working to make reverse mortgages better, we’ve made them a better choice for you.

Financial Retirement Solutions

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REFINANCE

Dramatically reduce monthly payments

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PURCHASE

The financing you need for the home you really want

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CASH FLOW

Consolidate debt and free up funds

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RETIREMENT

Enjoy retirement with less financial worry

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  • Establish a rainy day fund
  • Supplement your income
  • Refinance an existing mortgage
  • Repay a home equity loan
  • Pay off high-interest rate credit cards
  • Be more financially prepared
  • Pay for healthcare
  • Cover in-home care costs
  • Make or pay off a major purchase
  • Home improvements
  • Home modifications
  • Buy a home

As with any mortgage, borrower must meet their loan obligations, keeping current with property taxes, insurance, and maintenance.

Turning 62 is not what it used to be!

Specifically designed for homeowners age 62+, a reverse mortgage offers all the benefits of a traditional line of credit that you can get from a bank but with additional benefits — including a flexible repayment feature.

Introducing a new tool with
lower closing costs to help you
live your dream retirement

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Listen to what our customers have to say

We are a company that provides older Americans with respect, care and trust. Our goal is to help our customers to enjoy their retirement now and in the future with less financial stress and worry.

1Equity Elite Reverse Mortgage (“Equity Elite”) is Reverse Mortgage Funding LLC’s proprietary loan program, and it is not affiliated with the Home Equity Conversion Mortgage (HECM) loan program, which is insured by FHA. Equity Elite is available to qualified borrowers who also may be eligible for FHA’s HECM program or are seeking loan proceeds that are higher than FHA’s HECM program limit. Equity Elite currently is available only for eligible properties in select states. Please contact your loan originator to see if it is currently available in your state. 

Upon a maturity event, any non-borrowing individuals with an ownership interest in the property, including non-borrowing spouses, will have a short period of time (for example, 30 days from a due and payable letter or an alternate time specified by the loan servicer if extensions are available under the circumstances) days to purchase the property from the estate or, if the non-borrower inherits the property, pay the loan in full using any sources of funds available to them. Any non-borrowing individual, including a non-borrowing spouse, should have a plan to pay off an Equity Elite reverse mortgage upon the borrower’s death or any other maturity event. If the non-borrower is unwilling or unable to purchase the property or pay the loan in full, there is no protection for the non-borrower (including a non-borrower spouse) to maintain an interest in the home or to continue residing in the home past the maturity event and the non-borrower may be evicted upon foreclosure. The FHA HECM program has protections in place for certain non-borrowing parties, so a reverse mortgage applicant with certain non-borrowing parties should strongly consider an FHA-insured HECM loan (see HECM guidelines or ask an RMF representative for details).  Under the Equity Elite reverse mortgage loan program, a maturity and/or default event occurs when the last surviving borrower no longer lives in the home as his or her primary residence for at least 12 months, the property charges (including taxes, insurance, or any other property charges) are not paid, required repairs are not completed or the property is not maintained, or any other maturity event, as specified in the Security Instrument, occurs.

2RMF’s Veterans Discount Program is subject to change or cancellation at any time and without notice.

3Average Net Worth by Age – “A Look at American’s Wealth & How You Stack Up” by Wallet Hacks, according to US Census Bureau.

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