Simple Reverse Lending

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.

We have filed for a reverse mortgage and the application process was a woolgathering. I'm an older lady myself and I found that it was very confusing. I had one of my neighbors to help me with some of it. But we have satisfied all the requirements and I was told last week that the money that my brother-in-law is gonna get from his reverse mortgage should be in the bank by now. In fact, it should have been in the bank on Friday of last week. The whole process was nerve-wracking. It was a lot of paperwork. But the gentleman that was helping us gave me most of the help that I needed.

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.

Simple Reverse Lending is efficient. The person who I talked to to get me involved was polite. But when I needed money, he said not to call him anymore because he was done with me. He didn't say it in those terms, but that was how I felt at the end of that phone call. I dealt with another person who was easy to work with. They kept telling me we could do it online but I'm not that type of person. I'd rather speak with them, tell them what I want, and they tell me what I got to do to get it done.

The application process was quite lengthy, both verbal and written. Most of it was done via email. There was the consultation that we received from a group in Florida, which was verbal. The rate was fair and it was fair market value. If I didn't have friends in the markets, it would have absolutely driven me crazy with the feds and all they did. But having the people there, and the management and professionals really, really helped a lot with the anxiety. Right now, I'm very happy with the process.

The application process with Simple Reverse Lending was good. I did most of the work with Greg. He's a knowledgeable and friendly guy. If Simple Reverse Lending would fit your needs, it would be a good company to go with.

Their reps seemed really nice. I've got their phone number if I needed anything or needed to talk to them about anything. Everything that they said would happen happened and we got it through and we're well satisfied with it.

The rep was nice. If there was anything I didn't understand, I'd tell him and he'd tell me again. However, going with Simple Reverse made a bunch of stuff in my mailbox. I didn't know what was going on and I had to call Lawrence to ask, "Why am I getting all these papers from these mortgage companies?"

The rep and his assistant were both very nice, helpful, kind of the friend of the family type people. Everything worked smoothly.