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Consumer Direct, Distributed Retail, Partners

Reverse Mortgage Funding LLC (RMF) expands access to home equity beyond traditional HECMs — starting at age 60

The pioneering Equity Edge Reverse Mortgage™ — designed for higher-value homes and available to homeowners as young as 60 — will launch in California, Florida, New Jersey, Oregon and Virginia; rollout to additional states expected shortly

RMF Newsroom, Consumer Direct, Distributed Retail, Partners

Reverse Mortgage Funding Named One of LendingTree’s Top Reverse Mortgage Lenders

Nation's leading online loan marketplace highlights RMF’s impressive reviews on its website, noting that 100 percent of consumers said they would recommend the company to a friend

BLOOMFIELD, N.J. – August 1, 2017 – Reverse Mortgage Funding LLC (RMF), a leading national reverse mortgage lender dedicated to helping older Americans achieve financial peace of mind, today announced that it has been named one of the nation’s top reverse mortgage lenders by LendingTree, a leading online lending exchange that connects consumers with multiple lenders, banks, and credit partners. Based on loan volume from the top reverse mortgage lenders for the third quarter of 2016 analyzed by LendingTree, RMF was chosen for consistently scoring high approval ratings and reviews among consumers.

RMF Newsroom, Consumer Direct, Distributed Retail, Partners

National Council on Aging Research Highlights Need for Greater Awareness of Home Equity Products among Older Homeowners and Financial Advisors

Overview presented at American Bankers Association Real Estate Lending Conference this week

ARLINGTON, V.A. & BLOOMFIELD, N.J. — (BUSINESS WIRE) — Older homeowners have considerable financial worries, but most do not see tapping their home equity as a strategy for creating greater retirement security, according to the results of new research released today by the National Council on Aging (NCOA) through its subsidiary NCOA Services LLC.

Jay Greenberg, ScD, CEO of NCOA Services, and Michael Mooney, sales leader of the Financial Institutions Group at Reverse Mortgage Funding LLC (RMF), which funded the research through a grant to NCOA, will present an overview of the findings at the American Bankers Association Real Estate Lending Conference in Orlando, FL, this week.

RMF Newsroom, Consumer Direct, Distributed Retail, Partners

How Does a Reverse Mortgage Work?

By definition, a reverse mortgage loan — also known as a home equity conversion mortgage — allows you to borrow against the equity you’ve built up in your home if you’re age 62 or older. Insured by the Federal Housing Administration, an HECM loan provides funds to help pay for the things you need or want — while you continue to live in and retain ownership of your home. Learn more to find out whether reverse mortgages are a good deal for seniors.

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