Retirement News with Professor Craig

Retirement News with Professor Craig

The Retirement News blog is dedicated to the financial and physical health and well-being of older Americans. 
Whether you're already in or nearing retirement, you will find important, topical information in the blog to help you make informed decisions on your road to retiring more freely.
As a 25-year veteran in the financial services industry and a certified trainer and teacher, Professor Craig's #1 goal is to help you thrive in retirement with financial peace of mind. 

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Reverse Mortgage Funding LLC  Named one of Newsday’s Best Workplaces 2020 for Second Year in a Row
Consumer Direct, Distributed Retail, Partners, RMF News Release

Reverse Mortgage Funding LLC Named one of Newsday’s Best Workplaces 2020 for Second Year in a Row

Reverse Mortgage Funding LLC Named one of Newsday’s Best Workplaces 2020 for Second Year in a Row

Melville, NY (November 13, 2020) – Reverse Mortgage Funding LLC (RMF), one of the nation’s leading reverse mortgage lenders dedicated to helping older homeowners and homebuyers achieve financial peace of mind, earned a 2020 Top Workplaces honor from Newsday.  This is the second year in a row that RMF has merited a place in Newsday’s Top Workplaces.

“We are honored to be recognized as one of Newsday’s Top Workplaces for the second year in a row.  This award is so meaningful because it is based on the honest opinions of our employees regarding our corporate culture,” said David Peskin, RMF’s president. “We put an emphasis on employee recognition and wellbeing, and it shows. We will continue to care about our employees, as they are the lifeline of our business.  I sincerely thank all of our Melville staff for their votes of confidence.”

Said one employee, “The company truly cares about helping seniors to live comfortably and stay in their home.”

With more than 400 employees nationwide, RMF offers each prospective borrower the option to meet with a local loan specialist in-person, in the location of their choice.

Newsday’s Best Workplaces 2020 is based on employee feedback gathered through a third-party survey.  The anonymous survey measures several aspects, including workplace culture, alignment, execution and connection.

About Reverse Mortgage Funding LLC

Established in 2012, Reverse Mortgage Funding LLC (NMLS ID #1019941) is one of the nation’s largest GNMA issuers of reverse mortgages and a recognized industry thought leader. RMF focuses on originating, acquiring, investing in, and managing reverse mortgage loans and securities backed by reverse mortgage loans. The company is headquartered in New Jersey, with corporate offices in New York and California and field offices throughout the U.S. RMF is a wholly-owned subsidiary of Reverse Mortgage Investment Trust Inc. (RMIT), a specialty finance company in the reverse mortgage sector. Pending regulatory approval in 2020, RMIT will become part of the Starwood Capital Group, a global private investment firm and an innovator in non-agency mortgages, helping grow the industry into the success it is today. This relationship will afford RMF the unique ability to develop new product lines and create strategic partnerships within the Starwood family of companies. 

 

 

This material has not been reviewed, approved or issued by HUD, FHA or any government agency. The company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.

 ©2020 Reverse Mortgage Funding LLC, 1455 Broad Street, 2nd Floor, Bloomfield, NJ 07003, 1-888-494-0882. Company NMLS ID: #1019941. For licensing information, go to: www.nmlsconsumeraccess.org. Arizona Mortgage Banker License #0927682; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; Loans made or arranged pursuant to a California Financing Law license; Georgia Mortgage Lender Licensee #36793; Massachusetts Mortgage Lender License #ML1019941; Licensed by the New Jersey Department of Banking & Insurance; Licensed Mortgage Banker-NYS Department of Financial Services -in-state branch address 700 Corporate Blvd, Newburgh, NY 12550; Rhode Island Licensed Lender; Texas Mortgage Banker Registration in-state branch address 6044 Gateway East, Suite 236, El Paso, TX 79905. For California consumers: For information about our privacy practices, please visit https://www.reversefunding.com/privacy. Not all products and options are available in all states. Terms subject to change without notice. Certain conditions and fees apply. This is not a loan commitment. All loans subject to approval. L3595-Exp112021

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A More Flexible Home Equity Loan

If you’re 62 or older, there is a home equity line of credit option that offers greater financial flexibility than a traditional Home Equity Line of Credit (HELOC). It’s called a Home Equity Conversion Mortgage (HECM) line of credit. 
If you have an existing mortgage or home equity loan you could refinance them with a HECM line of credit and get enhanced benefits, including a flexible payment feature and a line of credit that GROWS when left untouched.
As with any mortgage, you must meet your loan obligations, keeping current with property taxes, insurance, and keeping your home in good condition.


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