One Reverse Mortgage Terms of Service
THE USER'S USE OF THIS WEBSITE AND THE CUSTOMER'S TRANSACTIONS CONDUCTED WITH THE COMPANY IN CONNECTION WITH THIS WEBSITE ARE SUBJECT TO THE FOLLOWING TERMS AND CONDITIONS, ALSO REFERRED TO AS "TERMS OF USE". IF THE CUSTOMER DO NOT AGREE TO THE TERMS OF USE, THE CLIENT OF ONE REVERSE MORTGAGE MAY NOT USE THIS WEBSITE. One Reverse Mortgage reserves the right at all times, in its sole discretion and without notice to The Customer to deny The Client's access to and use of this website. The User agree and acknowledge that The Client of One Reverse Mortgage have the sole responsibility and liability for The Client's use of this website and for providing or obtaining, and for maintaining, all of the hardware, software, electrical power, telecommunications, Internet services, and other products or services necessary or desirable for The Client to access and use this website. All other marks used on this website are the property of their respective owners.
To read more:
https://www.onereversemortgage.com/terms-of-use/
One Reverse Mortgage Privacy Policy
At One Reverse Mortgage, The Company have dedicated ourselves to revolutionizing the home loan process and helping individuals use their home financing options as a tool to manage their financial lives. In that effort, One Reverse Mortgage respect and protect the privacy of those who visit or use One Reverse Mortgage's' website. When Website collect information from The Customer One Reverse Mortgage want The User of company services to know how it is used. To demonstrate One Reverse Mortgage's' commitment to fair information practices, One Reverse Mortgage have adopted leading industry privacy guidelines. One Reverse Mortgage does not share The Customer's personal information with outside companies for their promotional use. Because of the financial nature of Company's business, One Reverse Mortgage's' websites are not designed to appeal to children under the age of 13. Therefore, www.onereversemortgage.com don't knowingly attempt to solicit or receive any information from children. At One Reverse Mortgage, One Reverse Mortgage want The User of company services to be comfortable and confident when using One Reverse Mortgage's' website.
To read more:
https://www.onereversemortgage.com/security-and-privacy/
One Reverse Mortgage FAQ
At ORM, Company's goal is to provide education on this great loan program. www.onereversemortgage.com know people have questions, and Website have the answers. No, the lender will not own The Client's home. Just like any other mortgage, with a home equity conversion mortgage, The Customer's name remains on the title. There is no credit score requirement. Throughout the loan process, Website will look at credit history as part of the financial assessment to ensure The Client have the ability to pay The Customer's property taxes and homeowners insurance. A home equity conversion mortgage is a non-recourse loan. That means The Client of One Reverse Mortgage or The User's heirs will never owe more than The Customer's home is worth. If The Customer's home sells for less than what is owed on the loan, FHA insurance pays the difference. In fact, many people use their reverse mortgage to pay off their existing mortgage. The User can use The Customer's new loan to eliminate The Client's current monthly mortgage payment.
To read more:
https://www.onereversemortgage.com/information/frequently-asked-questions/
Top One Reverse Mortgage Services
Loan, Mortgage
One Reverse Mortgage Pros and Cons
Pros:
Mortgage banker with whom i had most contact
Cons:
Sucks, Client care specialists and servicing after loan closed
Related Companies
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Summary
One Reverse Mortgage LLC is a large retail reverse mortgage lender. The company was founded in 2001. Its headquarters is based in San Diego, California, United States. One Reverse Mortgage LLC offers reverse mortgages to homeowners aged 62 and more. There is no credit score requirement. The company is approved by the United States Department of Housing and Urban Development and the Federal Housing Administration. One Reverse Mortgage is licensed in all 50 US states, and operates in 47. One Reverse Mortgage LLC is a member of the National Reverse Mortgage Lenders Association. Customer assistance is provided by phone during normal business hours.