Whether you’re new to reverse mortgage loans or a seasoned originator, Reverse Mortgage Funding LLC (RMF) has a variety of platforms to help your business succeed. With five relationship options from which to choose, you can be sure that we can meet your organization’s specific needs.
Broker: Your company handles origination and processing. RMF handles underwriting, closing, funding, servicing and delivery.
Principal/Authorized Agent: For licensed FHA-approved HECM Direct Endorsement (DE) mortgage bankers. Your company originates, closes and funds the loan; RMF underwrites and services.
Correspondent: For licensed, FHA-approved HECM Direct Endorsement (DE) mortgage bankers. Your company sells whole loans, RMF services the loans.
Lending Institution Program: For lending institutions that want to offer reverse mortgages without having to master a new loan origination system. Your institution consults with prospective borrowers, facilitates counseling services, and initiates the application by collecting the necessary information and documentation. We handle the rest.
TurnKey Broker: We make it easy for your institution to offer and originate reverse mortgages, without having to make an investment in infrastructure to support fulfillment. This program offers a streamlined loan origination platform, complete training, marketing tools and extensive customer support. Your bank or credit union initiates the application, we take it from there—processing, underwriting, closing, funding, servicing oversight, and delivery.
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.
© 2017 Reverse Mortgage Funding LLC, 1455 Broad St., 2nd Floor, Bloomfield, NJ 07003, 1-888-494-0882. Company NMLS ID # 1019941. NMLS Consumer Access: www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1019941