Reverse Mortgage Funding LLC (RMF) Expands Presence in Arizona to Meet Growing Demand for Reverse Mortgages
RMF has six Arizona-based loan officers dedicated to serving senior homeowners across the state.
BLOOMFIELD, NJ/ACCESSWIRE/June 21, 2022/ Reverse Mortgage Financing, LLC (RMF) today announced its expanded presence in the state of Arizona. RMF’s Arizona-based loan officers are led by the Branch Manager, King Robinin Scottsdale, and include David Christensen, Neal Melton, Deb Vallowand William Troy Vallowin Scottsdale and Doug Polk in Sahuarita. This dedicated group of loan officers has decades of combined experience in the reverse mortgage industry.
According to RMF Lending Data, in 2021, Arizona ranked fifth in the nation for the most reverse mortgages. RMF expects homeowner interest in reverse mortgages to grow in the Arizona market in the coming years, and this expanded team will be able to serve senior homeowners in all regions of the State.
“The state of Arizona remains one of the strongest markets for reverse mortgages in the nation and key to the continued growth of our company,” said David Peskin, president of RMF. “Arizona homeowners age 55 and older are eligible for RMF’s exclusive reverse mortgage product, Equity Elite®. We’re thrilled to see our Arizona team grow and look forward to helping clients in this region use their home equity wisely and strategically to improve their cash flow and lifestyle at home. retirement. »
“Our Arizona-based loan officers are well connected to their communities. Many of them live in retirement communities and interact with retirees on a daily basis,” says Richard Thorpe, Distributed Retail Manager at RMF. “These loan officers know firsthand many of the financial challenges and concerns that retirees and pre-retirees face today. They are knowledgeable about reverse mortgage strategies and are dedicated to educating clients on the ways in which they can use the equity in their property to offset factors such as inflation and market instability.
RMF is committed to guiding older Americans to make their imagined retirement lifestyle a reality and in the comfort of their own home. In keeping with the company’s commitment to providing exceptional customer support, straightforward advice, and ensuring an exceptional customer experience, RMF lowered the minimum age age 55+ requirement in some states* for its exclusive Equity Elite® reverse mortgage product. These reduced age restrictions now allow an additional 2.7 million households to benefit from a reverse mortgage,† grant the possibility of having a greater cash flow, especially for those who have not been able to save enough for a successful retirement.
To learn more about reverse mortgage financing, please visit ReverseFunding.com
About LLC Reverse Mortgage Financing
Founded in 2012, Reverse Mortgage Funding LLC (NMLS ID #1019941) is one of the nation’s largest GNMA issuers of reverse mortgages and a recognized thought leader in the industry. RMF is focused on originating, acquiring, investing and managing reverse mortgages and reverse mortgage-backed securities. The company is headquartered in New Jersey, with offices in New York and California, and field offices in the United States. RMF is a wholly owned subsidiary of Reverse Mortgage Investment Trust Inc. (RMIT), a finance company specializing in the reverse mortgage industry. RMIT is a subsidiary of Starwood Capital Group, a global private investment firm and agencyless mortgage innovator. The relationship with Starwood Capital provides RMF with the unique ability to develop new product lines and create strategic partnerships within the Starwood Capital family of companies.
RMF prides itself on continually receiving accolades from its customers, receiving a 98% customer satisfaction rating.1 Evaluation; a 4.7 stars / Excellent score on Trustpilot;2 4.8 out of 5 stars on LendingTree;3 And one A+ rating with the Better Business Bureau4.
*Available to borrowers over age 55 in select states only. Higher minimum age requirements may apply. Visit www.reversefunding.com/equity-elite for details.
†Reverse Market Insight research data, June 2021.
1Source: RMF customer satisfaction survey, December 2021
2Source: Trustpilot, January 2022
3Source: LendingTree Ratings and Ratings, January 2022
4Source: Better Business Bureau as of January 2022
This material has not been reviewed, approved or released by HUD, FHA or any government agency. Company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.
NOT FOR CONSUMER USE. ©2022 Reverse Mortgage Funding LLC, 1455 Broad Street, 2nd Floor, Bloomfield, NJ 07003, 1-888-494-0882. NMLS Company ID: #1019941. For licensing information, go to: www.nmlsconsumeraccess.org. Arizona Mortgage Banker License #0927682; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; Loans made or arranged under a California Finance Act license; Georgia Mortgage Lender Licensee #36793; Massachusetts Mortgage Lender License #ML1019941; Licensed by the New Jersey Department of Banking & Insurance; Licensed Mortgage Banker – New York State Department of Financial Services – Branch Address 700 Corporate Blvd, Newburgh, NY 12550; Rhode Island Approved Lender. For California consumers: For more information about our privacy practices, please visit https://www.reversefunding.com/privacy. Not all products and options are available in all states. Conditions subject to change without notice. Certain conditions and fees apply. This is not a loan commitment. All loans are subject to approval. L4330-Exp012023
Tyler Bryant, Interdependence Public Relations
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