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Home > Financial Services > Mortgage Brokers > Reverse Mortgage of America

Reverse Mortgage of America

A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.

Reverse Mortgage of America is a wholly owned subsidiary of Seattle Financial Group. It was designed to better serve the needs of the growing senior population who demand reliable, efficient service for their reverse mortgage needs. With operations throughout the country, Reverse Mortgage of America and its affiliates are the second largest originator and servicer of reverse mortgages in the nation. It offers two reverse mortgage options. The Home Equity Conversion Mortgage which highly regulates as a part of the U.S. Department of Housing and Urban Development, the Home Equity Conversion Mortgage provides both financial security and state of mind.

With over 500 employees, Seattle Financial Group is a growing network of innovative financial services, dedicated to continually meeting the consumer’s ever-changing needs. It is comprised of Seattle Mortgage, Seattle Savings Bank and other brands the company provides real estate financing, savings products, and associated services for all stages of life. They are also dedicated in maintaining an active leadership role in local, state, and national mortgage banking organizations.

The Company also assists you through six basic steps in procuring a loan for buying a house or renovation of your home such as getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan.

The firm is dedicated to a goal, which is to save you money, distress and time and they guarantee results. Whether you are a new residential homebuyer, a seasoned commercial developer, or simply refinancing an existing mortgage, they offer the best package of service, rates, and closing finesse few in the industry can come close to.

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