Reverse Mortgage FundingReviews of reversefunding.com

It took a little longer because of the holidays . Everyone was very nice and kept us up to date. The closing went well.

Robert Hoffman was great to work with in the ordinary stages of the loan process. He was very attentive. Vanessa White was brought in to deal with my concerns. She was the superb in working with me personally to obtain a reverse mortgage that worked for both lender and applicant. She answered all of my questions and worked on my behalf while representing RMF. Her pro-active approach and her persistence led to a good outcome. She won me over to RMF. RMF for calculating tax stamps makes more sense and should be a major marketing point. Disappointed that it was so hard to obtain simple quotes to compare to compare loan to competitors without generating a new set of disclosure documents-that may be the required process but it is not consumer friendly. I know it was a rush to get to a 1/31 closing but we decided on it 10 days before. I am most disappointed that I did not see the closing documents until 1 hour prior to closing and only after I insisted on receiving them. No time for attorney to review. No excuse for not supplying them earlier. Closer received the packet only two hours prior to closing and was looking at them for the first time with us. They were initially in a different order than was supplied to me that last hour. Ms White was available by phone and I had to call her 15 times during closing for clarification of documents. She was able to answer all of my questions but it was awkward. Title company supplied a mistaken Settlement statement that differed from RMF settlement statement. We refused to sign it. This was the last document of the closing and its mistake set the tone for the closing. Awkward.

Good company and agent to work with. All went well

My overall rating outstanding, but I didn't know if I could type comments if I started with that. The only problem is that there is to much paper to read and understand. I want to be able to understand what I am reading and signing and the paper work is written in a CMA manner that is suppost to cover all possibilities. I have reservations about what I signed but I had no choice but to sign if I wanted the Reverse Mortgage Loan. The document would create questions for a math major let alone a 81 year old. If I could have afforded it I would have taken it to an accountant.

The process was easy from start to finish. Loan closed in less than a month. Only reason I am not rating excellent is that the electronic signing system left a little to be desired but Kathreen and the team worked around that. Thoroughly recommend

The overall experience was good.

Everything went well; the only downside was the length of time it took to complete the transaction. Our originator, Bob Kopcha, was very good about keeping us informed and moving things along.

Everything was going great except we did not get phone updates; especially towards the end. This made us a little nervous abut when we were going to close.