People who want to do reverse mortgage transactions in general are not sure which institutions to trust. Recently, there has been a significant increase in the number of institutions offering reverse mortgage offers, especially in the United States. Both some loan lender institutions and large banks offer reverse mortgage offers to individuals. So, among many banks, which ones might be the right choice for a reverse mortgage? Which institutions offer more advantageous offers for reverse mortgage loans? You can find all the answers to these questions on our website.
Before preparing our article today, we have done extensive research on the internet. We searched the basic reverse mortgage institutions operating in the United States and some European countries. We will examine some of these institutions for you in this article. If you want to read this review and decide the right institution for you, be sure to check out our article.
2 Main Company Offer Reverse Mortgage
Here are some of the banks where you can perform reverse mortgage transactions:
- GENWORTH FINANCIAL HM EQUITY ACCESS INC: One of the most preferred institutions in America. Therefore, it has become quite popular. It is generally an institution that chooses to buy high priced houses. Approximately 12241 applications are received for this loan. The institution that accepts enough applications to fill a certain quota annually applies the more flexible rules for reverse mortgage transactions than before.
- FINANCIAL FREEDOM SENIOR FUNDING CORP: This institution is one of the most preferred institutions according to 2018 reports. In 2018, it received 48944 applications as of October. Being one of the most preferred institutions is very difficult to be accepted by this institution. You can make online pre application by using their official website.
You can read more our website if you want to learn about reverse mortgage .