A reverse mortgage is a lot like a traditional mortgage or home equity loan. But it’s designed specifically for people who are in or approaching retirement, so it has some added benefits—including the flexibility to make any size monthly payment you want, or none at all.
As with any mortgage, you own your home. And whatever equity is available when you sell is yours. You just have to meet your loan obligations, keeping current with property taxes, insurance, and maintenance. We can help you determine if your home qualifies for a reverse mortgage and if this loan option is right for you.
As with any mortgage, you must meet your borrower obligations throughout the life of the loan, including keeping current with property taxes, insurance, and maintenance.
It’s important to do your homework and find a lender that makes you feel informed, confident and comfortable in your decision-making. RMF is committed to delivering you a great product and unbeatable pricing.
We’re so confident that we created our Price Match program: If we're unable to match or beat a competitor’s pricing, we’ll give you a $1,000 gift card.§
With our Customer for Life Commitment,|| we’ll be with you every step of the way providing personalized, ongoing service—from our first conversation on day one, throughout the entire loan process, and even after closing.
Unlike some of our competitors, we not only make loans but after closing, we also service your loan and maintain a long-term relationship with you.
If you're a homeowner who's at least 62 years old, with equity in your home, you may be eligible for the flexible benefits of a reverse mortgage.
Source: RMF Customer Satisfaction Survey 2020
Source: LendingTree and Trustpilot Ratings and Reviews, as of March 2021