Mutual of Omaha Reverse Mortgage Reviews
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About Mutual of Omaha Reverse Mortgage
Mutual of Omaha has been helping customers since 1909. Inspired by hometown values and committed to being responsible and caring for each other, we exist for the benefit of our customers.
And, like our customers, we thrive on relationships and building genuine, enduring connections. As a mutual company, our focus isn't on increasing share prices. It's helping customers reach their financial goals.
- Resources and calculators online
- Options for many borrowers
- In-person advice from loan officers
- Other mortgage options in-house
- No online information about rates
Mutual of Omaha Reverse Mortgage Reviews
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- 4,887,913 reviews on ConsumerAffairs are verified.
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- We use intelligent software that helps us maintain the integrity of reviews.
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Reviewed May 1, 2025
From day one all the assistance we received on a daily basis was great. Very professional from start to finish, we are very happy and satisfied with everything done. Congratulations and thank you for all you did for us.
Thank you for choosing us and for your fantastic review! We’re thrilled to know you had a great experience and truly appreciate your support!
Reviewed April 28, 2025
In your later years of life when you find yourself in need of a loan as I did, and you don’t want to be making an extra payment monthly then please give Mutual of Omaha a call about an HECM (Home Equity Conversion Mortgage) Reverse Mortgage loan with a very knowledgeable young lady named Kandice ** phone # **. Her email is ** and she will go the extra mile to assist you, and give you the help you need to get an HECM (Home Equity Conversion Mortgages). I was totally satisfied with my Reverse Mortgage Loan (HECM). Thank you Mutual of Omaha and a special “shout out” to Kandice ** Consumer Direct Loan Originator NMLS # **. I know made the best change in my life for me.
We truly appreciate your kind review! We’re delighted Kandice was able to make the process effortless and keep you updated throughout.
Reviewed April 22, 2025
Excellent experience. Agent Sandy's expertise was unmatched in guiding me through the Reverse Mortgage process. She was professional. Friendly, courteous and knowledgeable every step of the way and standing at the ready whenever I had questions or concerns.
Thank you for your wonderful feedback! We’re thrilled to hear Sandy provided such an exceptional experience.

Reviewed April 21, 2025
We chose Mutual of Omaha because of their reputation and experience in the Reverse Mortgage Field. We did a lot of research before moving forward, and all of the information and dealings we had with the company matched what we had learned. The Consumer Direct Loan Originator, Jason **, was helpful and great to work with during the entire process. We highly recommend the company and their product.
Thank you for choosing us and for your fantastic review! We’re thrilled to know you had a great experience and that Jason made the process smooth and easy for you.
Reviewed April 15, 2025
Was an overall good experience. Lots of hoops to jump. Good people. Myself and my wife are both very happy with the transaction with our Representative. Good product for our retiring family for providing peace of mind for our futures.
Thank you for the kind words! We’re proud to have team members who go above and beyond for our customers.
Reviewed April 7, 2025
Processed in a timely manner. Andrew and Natasha was very professional and helpful. The notary republic they sent me was exceptionally good. The appraiser they sent me treated me decent. I was very professional also
Thank you for kind your review! We’re delighted Andrew & Natasha were able to make the process efficient and smooth for you.
Reviewed April 6, 2025
The experience of our reverse mortgage was very positive, and I'd recommend Mutual Of Omaha to anyone looking for a reverse mortgage. Michelle kept us fully informed along all steps, and even when a few hiccups reared their heads, she was on top of all issues and provided solutions.
Thank you for your wonderful feedback! We’re thrilled to hear Michelle provided such an exceptional experience.
Reviewed April 6, 2025
Peter was efficient and friendly. He communicated well and explained in details each area of the process. He walked us through the process with his expertise. He knows his craft and is good at it. Thanks.
We appreciate your kind words! It’s wonderful to hear Peter made everything seamless and kept you informed.
Reviewed April 1, 2025
Working with Rich ** was a pleasure. He was knowledgeable and could answer all my questions. Going through the process can be very stressful and Rich was very kind and understanding and walked me through the entire process. I would absolutely recommend him and Mutual of Omaha to anyone who is thinking about getting a reverse mortgage. Thanks Rich for being there when I needed you!
Thanks so much for the wonderful feedback! We’re thrilled to know Rich made everything smooth and was there to support you throughout the process.
Reviewed March 25, 2025
When Mutual of Omaha first approached me regarding a Reverse Mortgage, they were very responsive during the beginning of the process. Once the appraisal, which is paid for by the applicant, was complete, they just dumped us without a word, stopped returning phone calls and we haven't heard from them since. I guess they have no problem wasting your time asking for you to jump through hoops when they return no follow-through at all.
Reviewed March 25, 2025
Just ok. I felt not communicative enough for my taste and often nonresponsive to my emails or requests. Polite and professional just not giving me what I wanted. I told him as much in an email. Needs to listen more.
Reviewed March 24, 2025
My contact in Mutual of Omaha was Marsha. These days mostly what you hear is about bad customer service. My experience with Marsha was the total opposite. From our first conversation on she was a real pleasure to deal with. She did an excellent job of mixing professionalism and humanism. We established a great working relationship. Marsha guided me through the process without a hitch. The company is easy to work with and I would highly recommend them.
Thank you for your wonderful feedback! We’re thrilled to hear Marsha provided such an exceptional experience.

Reviewed March 16, 2025
When I first spoke with Mr. **, he said he would walk me through the entire process and he did exactly that. He told me what to expect and when. He answered all my questions and clarified information. He never made me feel like I was imposing. He worked really hard to make this happen & I'm grateful.
We appreciate your kind words! It’s wonderful to hear Michael made everything seamless and kept you informed.
Reviewed March 12, 2025
Terri ** guided me courteously & professionally through the loan process. She made herself available at all times to answer questions and thoroughly cover the information which was foreign to me. Because of her deep knowledge and patience, I had every question addressed and any hesitation expressed, on my part, was abated. Terri has outstanding skills and a warmth which is infectious! She is the reason I have a loan.
We’re so pleased to hear Terri made the process smooth and kept you informed every step of the way. Thank you for your kind review!
Reviewed March 8, 2025
My Mutual of Omaha loan officer, Michael **, has years of experience and is willing to go the extra mile to get you through the process. I am very pleased with this company and recommend them wholeheartedly.
Thank you for your kind review! We’re delighted Michael was able to make the process effortless and keep you updated throughout.
Reviewed March 5, 2025
Dealing with Peter ** was very rewarding, he always returned my phone calls promptly. His advice about the reverse mortgage was easy to understand. His knowledge helped me quite a bit. I would highly recommend him.. Very rewarding.
We’re so glad to know Peter made the process smooth and kept you informed every step of the way. Thank you for your kind review!
Reviewed March 5, 2025
Barbra ** was a joy to work with and she persevered with us through the task of reverse mortgage. She fully explained our options and had patience with us while we navigated the process. She also managed all of our emails and calls very well.
We appreciate your kind words! It’s wonderful to hear Barbra made everything seamless and kept you informed.

Reviewed Feb. 6, 2025
Mutual of Omaha Reverse Mortgage Specialist, Bill **, was extremely helpful and knowledgeable when I selected Mutual of Omaha for my financial needs. The whole process had few hiccups and the Reverse Mortgage was finalized and funded. It was very easy to work with Bill and his team and they stayed in contact throughout the whole process which can be a bit daunting when not familiar with the financial instrument. Overall I give Bill and his team high marks and would recommend Mutual of Omaha to anyone considering a Reserve Mortgage.
Thank you for your kind review! We’re delighted Bill was able to make the process effortless and keep you updated throughout.

Reviewed Feb. 5, 2025
We worked with Jackie ** to have a reverse mortgage done. Jackie and her team made the process of getting this done very quickly and efficiently. They were all easy to work with and it all came together quicker than we expected which was very appreciated. We are satisfied with everyone involved at Mutual of Omaha and highly recommend Mutual of Omaha for anyone looking to do a reverse mortgage.
We’re thrilled to hear Jackie made the process smooth and kept you informed every step of the way. Thank you for your kind review!
Reviewed Jan. 31, 2025
Kim is one of the most knowledgeable sales representatives I have ever had the experience of working with. Obtaining a reverse mortgage can be quite the challenge but Kim was always there to help me through the process. I would certainly recommend her to anyone looking to obtain a reverse mortgage.
We’re so pleased to hear Kim made the process smooth and kept you informed every step of the way. Thank you for your kind review!

Reviewed Jan. 20, 2025
This is Mike and Grace **. We want to give the highest praise we can to our loan officer Michelle ** as we were very scared. We'd seen the ads on tv it sounded too good to be true. A loan which you wouldn't have huge house payments which you could pay if you had the funds to do so. A loan where people really do care about you and your needs. We were so worried that my son wouldn't get his inheritance. After Michelle thoroughly explained in great detail the pros and cons which every loan has. The pros outweighed the cons. Michelle did everything in her power to make this happen for us. Of course there was K aren't the notary who came to our house to sign everything. Michelle's boss who also did a great deal and Abby underwriting. There is no doubt in our minds that Mutual of Omaha stands out among the rest. Thank you.
Thank you for the kind words! We’re proud to have team members like Michelle who go above and beyond for our customers.
Reviewed Jan. 6, 2025
Jeff ** was the best! From start to finish he was attentive, knowledgeable, and always kind. I was very reluctant at first going into the process. Jeff eased our minds and made the whole process so easy. I can’t say enough good things about Jeff and Mutual’s whole team. We highly recommend this type of mortgage for financial security!
Thank you for your kind words! We’re so glad you had a great experience.
Reviewed Dec. 5, 2024
I was familiar with Reverse Mortgages. I used a reverse mortgage to help take care of my husband for more than 10 years after a family tragedy. When he passed, and I sold our home, I was happy to get the tax deduction and was surprised that I was able to move on financially. At almost 80 years old I investigated the possibility to do it again. I was amazed at how the loans had changed, and had more to offer today than with the loans of 15 years ago.
The only problem I had was with the appraisal of my home. If you go through the process I suggest you find the very best appraiser you can find, and provide to him a record of permits, and upgrades you have made to your home. My loan officer was extremely patient as I was at times very nervous in doing this by myself. Although I didn't get all that I thought I would get from my equity at this time, all of my equity is still right here in the property, and I will be able to access more funds in the future. The loan is making it possible for me to move forward without debt, and I will be able to live totally on my Social Security. I think these loans can be a good solution under the right conditions. Thanks to my loan officer, Paul, who did a good, and professional job for me.
Reviewed Dec. 4, 2024
The process was easy and the communication between us and the Loan Processor was excellent. The required pre-education was very helpful in understanding the difference between products. We would definitely recommend Mutual of Omaha Mortgage.
Reviewed Dec. 2, 2024
Mutual of Omaha was a perfect fit for my mom and her situation. From the beginning our associate, Lauren, was attentive, thorough and patient. She walked us through each step of the process and made sure my parents understood fully what was happening, ensured they were informed and equipped with all the information they needed along the way. From start to finish we felt like we had a very good understanding of timelines and expectations. I would highly recommend M of O and certainly Lauren as she was the real rockstar in all of this!
Reviewed Nov. 29, 2024
Shawn was more than helpful in getting my loan approved- He answered all of my questions and kept me informed through every step of the process. I can highly recommend him for any financial information.
Reviewed Nov. 26, 2024
In doing research in acquiring a reverse mortgage, most companies gave a quick check of my qualifications and told me I was not eligible. However Mutual of Omaha and agent Alan ** took time to talk to me and explain why and how reverse mortgages work! He worked with me for months and helped me get qualified! Customer service "above and beyond"! I would definitely recommend Mutual of Omaha before all others!
Reviewed Nov. 24, 2024
I would like to personally thank Jim ** and Terry ** for all their work in making this happen. We decided to pursue a reverse mortgage, not out of need, but due to a couple of factors. We own an upscale equestrian property located in the horse capital of the world, Marion county, Florida, and in one of the more prestigious towns, and in a gated equine community Which we bought and paid cash for 10 years ago when we retired and moved from up north. Over the last 10 years, inflation has gone wild and the maintenance on a property like this is becoming more difficult as we have gotten older.
But there were two factors that made this extremely difficult. First, there are not a lot of comparable properties that have been sold in a less than six month timeframe that is required. Yes, there’s always a couple but not the minimum of five and certainly not within their distance that they prefer within a quarter mile which would not be difficult With most standard homes. Plus, there are a lot of other structures Barns equipment shed Which cost money to construct along with run in shelters for the horses which will cost anywhere from six to $8000 each.
Along with lots of board Fencing not only around the perimeter, but also just separate each and every pasture which are very expensive and would not be typical of a normal home. So you need a specialized Appraiser one who is actually a certified appraiser whose qualifications training and education are far above a licensed appraiser And more expensive as to be expected. It required them to be searching a much larger search area for comparable properties 25 miles away or further
And second on the advice of our Accountants, we placed the ownership of our home and all our properties and assets into a living trust so that when both. My wife and I pass away. The assets would be passed on to our daughter, and there would be no exorbitant probate fees, quite frankly no probate fees at all. This is a complicated legal document that needs to be filed and registered with the county which it was required. Extensive review by Mutual Of Omaha’s legal team. The process dragged on for months and there were many times that my wife and I came to the point because it was not based on need that it came to the point where it was just too complicated and frustrating. Especially when we were looking for a loan That was only about 25% of the value of the home and we just wanted to do it to free up some of our assets.
But Jim and Terry never stopped and they made it happen. My wife and I have always lived in a rural agricultural area and we’ve had horses and showed them for 50 years In spite the fact that both of us grew up in the New York metropolitan area. After 50 years, there is no way that we could possibly adapt to living In a condo apartment or retirement community. So we get to live out the rest of our lives the way we want to have the money necessary to do it and our daughter Will still receive a very large inheritance. We consider this to be a win-win. We are very happy and we are very thankful to Jim and Terry.
Reviewed Nov. 18, 2024
Alex has a great voice for phone work. He was able to explain things that I did not understand about reverse mortgages. He also was able to understand me. He showed considerable empathy which I think is a very important quality to have for this type of work.
Reviewed Nov. 18, 2024
Thank you for all your patience and assistance in this process. Although we ran into unexpected delays and problems along the way. We would do it all over again. Travis and Diego went out of their way. They always responded to our phone calls.
Mutual of Omaha Reverse Mortgage Company Information
- Company Name:
- Mutual of Omaha Reverse Mortgage
- Address:
- 3131 Camino Del Rio N 1100
- City:
- San Diego
- State/Province:
- CA
- Postal Code:
- 92108
- Country:
- United States
- Website:
- mutualreverse.com


