Open the Door to an Untapped Market of Buyers
  
With reverse purchase financing, you can help more older clients increase their purchasing power while you expand your market and turn more shoppers into buyers.
  
The fact is most people simply don't know that you can purchase a new home with a reverse mortgage. But this strategic funding option could be the key to you closing more deals in the 55+ market. 
What is Reverse Purchase Financing?
  • A financing tool that can allow your older clients to buy a new house or condo by combining a one-time investment of their funds with reverse mortgage loan proceeds to complete the purchase.

  • Monthly principal and interest payments are optional. As with any mortgage, the homeowner must meet their obligations to keep current with property taxes, insurance, and maintenance.

  • The owner builds less equity—but unlike a traditional mortgage, the borrower is not at risk of owing more than the home is worth at the time of repayment. 
Let Reverse Purchase Financing Help You Expand Your 55+ Market & Close More Deals
 
Get Started Today in Just 15 Minutes!
Learn How You Can Expand
Your 55+ Market &
Close More Deals with
Reverse Purchase Financing


Complete the form below to get started with a
15-minute educational call to learn more.

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Reverse Purchase Financing Opens More Doors for
Would-Be Buyers
In a recent survey, homebuyers told us how the reverse mortgage purchase financing option unlocked their buying potential:
63% purchased a home in a more desirable location or one that was more expensive than originally planned

 
75% felt more comfortable purchasing a new home and still reaching their financial goals in retirement 
Source: RMF Reverse Mortgage Purchase Financing Customer Survey Responses, March 2021
Reverse Purchase Financing Borrower Qualifications:
  • Age 55 and older. Higher minimum age requirements may apply*

  • Specific down payment percentage required depending on age 

  • Must meet ongoing loan obligations—keeping current with taxes, insurance, and maintenance
  • The home being purchased must be borrower's new primary residence

  • Down payment must come from allowable source—cannot be borrowed funds

  • Must participate in mandatory loan counseling by an independent, FHA-approved counselor
Discover How Reverse Purchase Financing Can Help Grow Your Business
Increase Your 55+ Buyers’
Purchasing Power
Increase Your Sales
with 55+ Buyers
Increase Your Listings
for 55+ Buyers
Your Clients Can Be Confident with RMF as Their Lender
RMF is committed to—and recognized for—providing extraordinary customer service. We provide an experience that’s tailored to each individual. We not only make loans, but after closing we service and maintain a long-term relationship with our customers.

We are proud to be one of the nation’s top reverse mortgage lenders. As a direct lender, we have certain pricing advantages—and we pass those savings on to our customers.
Ready to Get Started?
 
Click here or contact Rob Cooper, National Sales Leader, 
at 877-324-3051 or rcooper@reversefunding.com
Reverse Mortgage Funding LLC

Source: RMF Customer Satisfaction Survey January 2022
Source: LendingTree, Trustpilot, Better Business Bureau Ratings and Reviews, as of February 2022

*Available to borrowers as young as 55 in select states only. Higher minimum age requirements may apply. Visit www.reversefunding.com/equity-elite for details.

This material has not been reviewed, approved or issued by HUD, FHA or any government agency. The company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.

This website has not been reviewed, approved, or issued by HUD, FHA, or any government agency. The company is not affiliated with or acting on behalf of or at the direction of HUD/FHA or any other government agency.

This site and the information on it (the "Site") is intended for mortgage professionals only, and is not intended for use by or distribution to consumers. Consumers should not rely on this site for mortgage or other advice and should consult with the appropriate reverse mortgage professional.

NOT FOR CONSUMER USE. ©2022 Reverse Mortgage Funding LLC, 1455 Broad St., 2nd Floor, Bloomfield, NJ 07003, 1-888-494-0882. Company NMLS ID # 1019941. For licensing information, go to: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1019941.
For California consumers: For information about our privacy practices, please visit https://www.reversefunding.com/privacy. Not all products and options are available in all states. Terms subject to change without notice. Certain conditions and fees apply. This is not a loan commitment. All loans subject to approval. L4270-Exp022023

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