Did reverse mortgage funding go out of business? (DBRS Morningstar) notes that Reverse Mortgage Funding, LLC (RMF) filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Distri... Mehr ansehen
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Das sagen Bewerter
Our Reverse Mortgage was a bit of a "bumpy ride" since we were coming out of Forbearance after the Pandemic with our 1st and 2nd Mortgages. Karen White skillfully guided us through the process and was... Mehr ansehen
Unternehmen hat geantwortet
This was our third "go-around" with RMF as the current real estate market has gone "ape" here in Maricopa county, AZ. Andrew has been very helpful with his keeping us up-to date with either email or... Mehr ansehen
Unternehmen hat geantwortet
Dave Marsh was fantastic all through the entire process. The first appraisal came back low so with his input decided to hold off until we remodeled some and then conducted another appraise. The sub... Mehr ansehen
Unternehmensdetails
Über Reverse Mortgage Funding
Vom Unternehmen geschrieben
At Reverse Mortgage Funding LLC (RMF), we are dedicated to helping older Americans live the retirement lifestyle that they imagined and deserve, in the comfort of their own home. Reverse mortgages are our only line of business, and meeting the needs of this important segment of our society is at the core of everything we do.
RMF is committed to — and recognized for — providing extraordinary customer service experience. Part of the reason for our consistently excellent customer service ratings is that we provide an experience that’s tailored to each individual. RMF is by your side throughout the entire process of your reverse mortgage loan or Home Equity Conversion Mortgage (HECM) loan.
This material is not from HUD/FHA or any government agency and we are not acting on behalf of HUD/FHA or any government agency. Company NMLS ID: #1019941. For licensing information, go to: www.nmlsconsumeraccess.org. Additional licensing and disclosures: https://reversefunding.com/licensing. For CA consumers: For information about our privacy practices, please visit https://www.reversefunding.com/privacy. Licensed Mortgage Banker-NYS Department of Financial Services -in-state branch address 700 Corporate Blvd, Newburgh, NY 12550. RMF is a Licensed Mortgage Banker in the State of NY, but this site is not authorized by the NY State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of NY can be facilitated through this site. RMF is an Equal Housing Lender and Equal Opportunity Employer.
Kontaktinformationen
1455 Broad Street - Second Floor, 07003, Bloomfield, Vereinigte Staaten
- 877-485-1359
- inquires@reversefunding.com
- reversefunding.com
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Das haben sich andere Leute angesehen
David was excellent to work with
David was excellent to work with. I was skeptical about doing a reverse mortgage on my home, however at 71 years old it was certainly the best option for me. It will change my life. David walked me thru the whole process and made sure I understood everything I was doing.

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Larry did a super job of taking caere…
Larry did a super job of taking caere of this case . You must pay him well because you would never want to loose him !!

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Reverse mortgage is interesting
We found doing the reverse mortgage is very stressful. Larry walked us through it all and was very patient was us. Glad we were put in touch with your organization

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Ed Badrak was my loan officer.
When it came time for the second re-finance of my reverse mortgage, Ed Badrak and his team at RMF were knowledgeable, friendly, experienced, and very helpful. They answered all of my questions thoroughly, and helped me navigate through all of the steps in the entire refinance process.
In addition, Ed explained the characteristics of the Equity Elite Program and the Line-of-Credit feature, which were new to me. He also helped point out little things to do for the house and yard when it came time to prepare for the appraisal process.
The only negative aspect to the entire process was the prolonged closing time due to a problem internal to my homeowner's insurance company. This delay caused a very sizeable decrease in the amount of cash out available at closing. The decrease was the result of a three quarter percentage point rate hike by the Federal Reserve Board.
I highly recommend Ed Badrak and his team at RMF whether this is your first reverse mortgage or a refinance opportunity.

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Larry was our loan officer
Larry was our loan officer. He gets a 5 star review from us. Going through this whole reverse mortgage process from beginning to end was very stressful at times. I had a million questions for Larry and he took the time to answer and explain every question with an explanation as well. I would recommend him 100%

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RMF convinced me they were my best choice
RMF impressed me with knowledgeable staff and an organization committed to getting the job done. The people I dealt with were friendly and professional. Their requests were concise and only for what was needed. My questions were always answered within a day. Their agents who handled the appraisal and closing were equally proficient.

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Ed Badrak and staff exceeded expectations in every way.
At 65, applying for a reverse mortgage was one of the few “firsts” left in life. I did some research which quickly dispelled my previous beliefs about this product. The options available are a remarkable resource for homeowners with equity and good credit. The process is much less intrusive than applying for a traditional mortgage.
After reaching a thorough understanding of the products available, I chose Reverse Mortgage Funding based on my conversation with the original representative, Arlene. I was then introduced to Ed Badrak who came to my house to begin the application process.
Although I have had many mortgages, construction loans, and lines of credit, this was completely different. I had built in reservations which needed to be assuaged before moving forward. I asked and received answers to countless questions from the beginning through to closing. I was impressed with Mr. Badrak’s knowledge of the products available, his ability to fully explain the entire process to a first time client, and his total focus on what would be best for my situation. The process began and this is where he really impressed me by providing valuable advice based on his many years of experience in the field. From how to prepare for a FHA appraisal, to encouraging me to accept one that was slightly below what I expected, based on his current knowledge of the market and what other clients were experiencing.
The process proceeded exactly as predicted even when Mr. Badrak was out of town by providing me with access to his remarkable assistant, Traci Eshelman. The loan closed on time as predicted. It is exactly what I need at this time in my life with this property.
From beginning to end, Mr. Badrak and his team exceeded my expectations in every respect. I wholeheartedly recommend Ed and his team to manage the entire process of obtaining a reverse mortgage, line of credit.

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Well done
My wife and I put much thought and research into whether a reverse mortgage was the right thing to do at this time in our life. Our research led us to RMF and ultimately to Ed Badrack, our loan officer. What a pleasure it has been to go through the process. Ed made the experience as pain free as possible and it was completed it a timely manner. My only complaint, which had nothing to do with Ed, what’s the underwriting experience. There were several requests for additional documentation, which I could easily have provided upfront. It was an irritation, but did not detract from the overall positive experience. My complements to Ed and his support staff for a great job!
Cal K.

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Larry was great at explaining the…
Larry was great at explaining the procedure. Kept me up to date on what was happening next and answered all my questions quickly. Would recommend him to anyone looking for same solution.

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We were really unsure about doing this…
We were really unsure about doing this type of loan but Larry helped us through it and even though it seemed to take a long time, because of all the paper work and the need for looking up files for them. But Larry kept us informed all along the way and assured us we were doing things correctly! Thanks Larry for all your help!

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A very unfortunate turn of events for…
A very unfortunate turn of events for our situation, despite repeated assurances from Mark Macarow that our loan was fine; we did our counseling, secured the appraisal in a timely manner only to learn after two months of waiting that our loan was not going to be approved. The entire process leaves me with a sour taste in my mouth - holding us hostage for 60+ days, while nothing changed from the first day of application, then to discover our reverse mortgage would not be approved is so frustrating and downright wrong from a customer service perspective.

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Phillip E. Miller and RMF were great!
Phillip is very professional and worked hard on solving issues that we had to address, which was do to my limited income. It was a long haul but finally reached the finish line. I'm forever grateful! 5 stars, yeah!!! I will highly recommend Phillip Miller and RMF's services.
Thank you, Claudine Lytle

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Phil was very professional and…
Phil was very professional and available when we had questions. Explained information clearly and was respectful of our decision making process. Overall a very positive experience.

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Team Badrak to the rescue!!
My husband & I had started the refinancing of our reverse mortgage when we found that he had terminal cancer..Ed Badrak and his team came to my rescue. They did everything possible to get the loan through before he passed away..the loan was approved, but he was unable to sign. This team went forward and got the loan through for me, in my name and now I'm able to remain in the house I've been in for 31 years..Thank you!!!

Antwort von Reverse Mortgage Funding
I had a lot of obstacles to overcome in…
I had a lot of obstacles to overcome in obtaining my reverse mortgage from RMF, but that was do to my limited income, and at times it was difficult to remain
positive about the experience. My loan specialist Duanyelle Perry always tried to keep me in a good frame of mind. She also helped me with getting items in my house repaired which needed to be done before the appraisal, some of which I did myself. The appraisal turned out to be more than I expected and was happy about that. Duanyelle was a great person to have as your loan specialist, always upbeat and postitive. Thanks again Duanyelle

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Thank you Karen White
Just want to say how much we appreciate all Karen White did for us--expeditiously, professionally, efficiently, succinctly, --and compassionately for Mom. She made it go smoothly accommodating our own hiccups, staying in touch and informed, and still closing within our demanding final stretch. Mom is at peace with it and the family is so relieved that Mom can stay in her home. Can't thank you enough!

Antwort von Reverse Mortgage Funding
I found Karen White to be very helpful…
I found Karen White to be very helpful guiding me through the steps to secure my reverse mortgage. I feel she did an excellent job as my point person and look forward to keeping updated as to any changes, etc. Thank you Karen White.

Antwort von Reverse Mortgage Funding
I'm new to Reverse Mortgage
I'm new to Reverse Mortgage. A little skeptical at first regarding the unknown. I was very thankful I had an agent that was very helpful. He was able to answer every question I might have had. He made me feel assured in taking the steps for completing the process with RMF Reverse Mortgage.

Antwort von Reverse Mortgage Funding
Slow gruling process; never want to go thru again!
Slow gruling process: numbers change constantly, very difficult to understand process. Amount of paperwork and signing proceedure totally archaic, (maybe was OK in 1950). Requests for documents and info absurdly aggravating; one day we need this, 2 days later we need xx, next day we need page 3 of xx. Seems like they figure if they torture you enough you will give up and go away! On the bright side, my primary customer service person was superb!

Antwort von Reverse Mortgage Funding
Service
This company is not senior friendly at all. It takes months for anyone to resolve problems.
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