Simple Reverse Lending Reviews

I was referred to Simple Reverse, and they were able to help me. It was a very positive experience. I would not hesitate to recommend Monica to anyone who might be looking to do this. She was extremely helpful. I've never done anything like this before, and so I just followed and did what she told me to do. I just retired and I'm trying to get everything together and one of the reasons that I decided to do a reverse mortgage was I wanted to get everybody that I owed money to paid off, which I was able to accomplish through Simple Reverse. It worked out really great, and I can't say enough about Monica. She went beyond what she would be required to do.

I spoke with Monica and she explained to me that Simple Reverse did a lot of changes. There was a big difference in the old way that they did the process. I asked her questions about it and she answered me. She told me that she would send me a package to give me a visual on how they would proceed with it. Every time I called her and left her a message, if she didn't pick up, she would call me back. I like that too. Another rep called and walked me through the whole process as well and explained it. So I like that. He answered all my questions. They didn't hesitate to answer the question. I feel relieved right now that I don't have to pay this mortgage. I don't have to worry about paying this big AC bill that I've been having for the last four months. I can pay the bills with a little more at ease.

I spoke to three other companies, and I decided to go with Chris from Simple Reverse. After he left, then it was David that I worked with. He was very nice, very helpful, and always, if I had a question, he returned my call. There was another gentleman towards the end. He was part of the underwriting, and he was also very nice. The whole process took two months. They completed it sooner than I thought. Once I got the money, I was able to pay off some things that had been putting a lot of pressure on me. I did that. I still got some saved for emergencies. It did just what I wanted it to do.

The reps went it over with us that we can pay the loan back when we can afford to and if we were to sell, we'd have to pay the loan off. If we sold the house or if something happened to us and our children had the house, then they'd have to sell it and then pay off that loan. We had some minor repairs that needed to be done so the application and underwriting process took a little while. Andrew, the rep, helped us through the whole thing. He answered all of our questions and walked us through everything. He told us what we needed to do and what needed to be done. Working with Simple Reverse helped us a lot and it was a very positive experience.

The application process was very simple. Also, I felt comfortable with the time frame. Ryan from Simple Reverse Lending was very instrumental in helping me if I had any questions. The only thing that slows the process down is clients often don't know what to do, when to do it, and the questions they have sometimes go unanswered for days or weeks and that could slow things down. But when you have a guy like Ryan who if I needed something, I could email, call, or text him, and he had a response back in a short time. It went well for one of my clients. Always available whenever there was a question. He anticipated issues and we were out in front of anything and everything that came up at us.

Their rep Miranda went out of her way to help me. No question was too dumb, too small or too big. I couldn't get a better person on the phone than her. She made it so that I understood it all. The process seemed like it took forever. But it was only a couple of months. We did most of the document process over the phone and emailed back and forth what she needed to get to me. Working with them worked out really well for me.

The application process took a while and it was a lot of paperwork but it was all right and the rep who helped me was great.

Simple Reverse has helped considerably as far as financial issues go. It took two weeks to get all the paperwork done. And we had the notary come to the house. So, it worked fine. We were pleased.

I have been working with the loan officer, Jason, for quite a few years and I finally decided to do a reverse mortgage. The application process was pretty much over the phone. Then, we sat down with the notary who came and finished the process. It was very simple and the easiest process I've ever gone through, as far as a loan. Also, the rate and terms were exactly what I expected. A reverse mortgage, by nature, is more expensive than others because of the up-front mortgage insurance to the FHA. But for our situation, it was the best alternative and the rate was was very competitive and fair in today's rate environment.

The process with Simple Reverse was pretty fair. It took four months and I was expecting it to be a long process. It was also difficult to upload the documents they asked for but they helped me a whole lot. All in all, working with them made my life a little easier.