Searching for the top 10 reverse mortgage companies?
The top is subjective, our first recommendation for any seniors looking at a reverse mortgage is to comparison shop the origination fees.
It took Click Quote Save five years to put together an HECM reverse mortgage that has $0 origination fee through a federally chartered partner bank.
Guess what; they are NOT listed as a top 10 lender…
How does a lender get to the top 10 company spots? They need to have a HUGE marketing budget, which means this extra cost gets passed onto the consumer.
Instead of searching for the top 10 companies you should be searching for the best reverse mortgage deal in today’s marketplace. Click Quote Save has done all the hard work for you, visit this page to get a $o upfront fee reverse mortgage.
Our preferred partner bank will go through the wholesale division of one of these banks for you and pass along the savings. The same loan. With the same top 10 company at $0 in upfront fees.
Don’t get us wrong to earn a top 10 spot one does need a solid reputation, a great marketing strategy, and competitive prices. After comparing the top ten companies against our preferred lending partners we have found that our lender has the same or better reputation, is a 100yr old federally chartered institution, and is one of the few lenders willing to save you $6k upfront. Don’t miss your chance to work with a top reputable bank that is also looking out for your best interest.
The top 10 reverse mortgage companies measured in number of closed loans for last 12 months:
- America Advisors Group – 12,285 closed loans
- Finance of America Reverse LLC – 4,093 closed loans
- Liberty Home Equity Solutions Inc. – 3,964 closed loans
- One Reverse Mortgage LLC – 3,959 closed loans
- RMS/Security One Lending – 3,556 closed loans
- Reverse Mortgage Funding LLC – 2,565
- Live Well Financial Inc. – 2,055
- Synergy One Lending Inc. – 1,713
- Home Point Financial Corporation – 1096
- HighTechLending inc. – 1073