Reverse Mortgage Funding LLC (RMF) Expands Arizona Presence to Meet Rising Demand for Reverse Mortgage

RMF has six Arizona-based loan officers dedicated to serving elderly homeowners across the state

BLOOMFIELD, NJ / ACCESSWIRE / June 21, 2022 /Reverse Mortgage Funding, LLC (RMF) today announced its expanded presence in the State of Arizona. RMF’s Arizona-based loan officers are headed by Scottsdale Branch Manager Robin King and include David Christensen, Neal Melton, Deb Vallow and William Troy Vallowin Scottsdale and Doug Polk in Sahuarita. This dedicated group of loan officers have decades of experience in the reverse mortgage industry.

According to RMF loan data, Arizona ranked fifth nationwide for most reverse mortgage loans issued in 2021. RMF anticipates that homeowner interest in the Arizona reverse mortgage market will increase in the years to come and this expanded team will be able to serve senior homeowners in all areas of the state.

“The state of Arizona remains one of the strongest reverse mortgage markets in the country and is key to the continued growth of our business,” said David Peskin, President of RMF. “Arizona homeowners over the age of 55 are eligible for Equity Elite®, RMF’s proprietary reverse mortgage product. We’re excited about expanding our team in Arizona and look forward to helping clients in this space use their home equity in a smart and strategic way that improves their cash flow and retirement lifestyle.”

“Our Arizona-based loan officers are well connected to their communities. Many live in retirement homes and have daily contact with retirees,” said Richard Thorpe, Distributed Retail Leader at RMF. “These loan officers have first-hand knowledge of many of the financial challenges and concerns facing retirees and early retirees today. They are well versed in reverse mortgage strategies and want to educate clients on how they can use home equity to offset things like inflation and market instability.”

RMF is dedicated to helping older Americans achieve their imagined retirement lifestyle, all from the comfort of their own home. Consistent with the company’s commitment to providing exceptional customer support, hassle-free advice, and an exceptional customer experience, RMF has lowered the minimum age requirement to 55+ in certain states* for its proprietary reverse mortgage product, Equity Elite®. These lowered age restrictions now qualify an additional 2.7 million households for a reverse mortgage, Granting the opportunity to have a larger cash flow, especially for those who have not been able to save enough for a successful retirement.

To learn more about reverse mortgage funding, please visit ReverseFunding.com

About Reverse Mortgage Funding LLC

Founded in 2012, Reverse Mortgage Funding LLC (NMLS ID #1019941) is one of the nation’s largest GNMA issuers of reverse mortgages and a recognized industry thought leader. RMF focuses on the origination, acquisition, investment in and management of reverse mortgage loans and securities backed by reverse mortgage loans. The company is headquartered in New Jersey, with offices in New York and California, and field offices throughout the United States. RMF is a wholly owned subsidiary of Reverse Mortgage Investment Trust Inc. (RMIT), a specialty finance company in the reverse mortgage space. RMIT is an affiliate of Starwood Capital Group, a global private investment firm and an innovator in non-agency mortgages. The relationship with Starwood Capital gives RMF the unique ability to develop new product lines and form strategic partnerships within the Starwood Capital family of companies.

RMF prides itself on consistently receiving high praise from its customers – a 98% customer satisfaction rate1 Valuation; a rating of 4.7 stars / Excellent on Trustpilot;2 4.8 out of 5 stars on LendingTree;3 and an A+ rating from the Better Business Bureau4.

*Only available to borrowers 55 and older in select states. Higher minimum age requirements may apply. Visit www.reversefunding.com/equity-elite for details.

Research data from Reverse Market Insight, June 2021.

1Source: RMF Customer Satisfaction Survey, December 2021

2Source: Trustpilot as of January 2022

3Source: LendingTree Ratings and Reviews as of January 2022

4Source: Better Business Bureau as of January 2022

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

NOT FOR CONSUMER USE. ©2022 Reverse Mortgage Funding LLC, 1455 Broad Street, 2nd Floor, Bloomfield, NJ 07003, 1-888-494-0882. Company NMLS ID: #1019941. For licensing information, visit: www.nmlsconsumeraccess.org. Arizona Mortgage Banker License #0927682; Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act; Loans granted or arranged pursuant to a license under the California Funding Act; Georgia Mortgage Lender Licensee No. 36793; Massachusetts Mortgage Lender License #ML1019941; Licensed by the New Jersey Department of Banking & Insurance; Licensed Mortgage Banker-NYS Department of Financial Services – State Branch 700 Corporate Blvd, Newburgh, NY 12550; Rhode Island Licensed Lender. 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. Conditions are subject to change without prior notice. Certain terms and fees apply. This is not a loan commitment. All credits subject to approval. L4330-Exp012023

Media contact:

Tyler Bryant, Interdependence Public Relations
(813) 951-4169
[email protected]

SOURCE: Reverse Mortgage Financing, LLC

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