All Reverse Mortgage Review

#3 in Reverse Mortgages

All Reverse is a direct loan service approved by the U.S Department of Housing and Urban Development. The company has also been certified by the FHA and focuses on Housing Equity Conversion Mortgages for retiree homeowners.      

Services and Features

All Reverse Mortgage gives homeowners access to the equity in their homes. The home in question must be their primary residence, and the homeowner must be at least 62 years of age. The house should be a single family home, approved condominium, manufactured home, townhouse, or two to four unit owner-occupied home.  

The HECM for purchase is insured by the federal housing administration. It lets the mortgagor move into a new home without spending the entire liquid asset to pay for it. Homeowners are responsible for maintenance, payment dues, insurance and taxes.  

All Reverse Mortgage provides mandatory counseling for all applicants. The company reviews the borrower’s financial situation, considering debts, income, assets and living expenses and performs a budget analysis. All Reverse Mortgage also assists in finding all available alternatives to complete the process.

All Reverse Mortgage allows clients to use loan proceeds for unexpected expenses such as home improvements, or to pay off medical bills. The borrower can access the available proceeds as a line of credit, single lump sum, regular monthly installment,s or any combination of these options.

Services and Features

Reverse Mortgage Calculator

Online Quotation

Refinancing

Financial Guide

Types of Reverse Mortgage

VA Loans

Single-Purpose Reverse Mortgage

Home Equity Conversion Mortgage

Proprietary Reverse Mortgage

Qualifications

Counseling

Home Owner

Amount of Equity

Not Stated

Age

62 and older

Accreditation

Member of US Department of Housing and Urban Development

Member of Nation Reverse Mortgage Lenders Association

Insured by FHA

Approved by Equal Housing Opportunity

Plan Details

No Pre-Payment

Not Stated

No Monthly Servicing

Interest Rate

Adjustable - 2.15% / Fixed 3.99% (5.24% APR)

Closing Cost and Fees

Zero Financed Closing Cost Plans

Help and Support

Mobile App

Telephone Support

Webinars

Email

FAQs

Reverse Mortgage at All Reverse Mortgage   

All Reverse scores good with their zero finance closing costs, monthly service fees, and origination fees for qualified borrowers. All in all, a good choice for homeowners searching for reverse mortgages. 

Latest Reviews

Start your review for All Reverse Mortgage
L
Lois B.
Aston, Pennsylvania
All Reverse Mortgage review
8/9/2016
I wish to let everyone know what an absolutely perfect experience we had with Cliff Auerswald, and his company, All Reverse Mortgage. From the first telephone call I had with Cliff, his knowledge, professionalism and expertise were beyond what may be expected from someone who had no idea that we intended to pursue a reverse mortgage with his company. He gave us excellent advice for several weeks and always took our calls. We were doing thorough research on several reverse mortgage companies; however, it was crystal clear almost immediately that All Reverse Mortgage Company was the best this is. The entire process went like clockwork and I am happy to recommend All Reverse Mortgage company to anyone seeking this type of mortgage. We feel very lucky to have found Cliff.

D
DOUGLAS W DUQUETTE
Littleton, Colorado
All Reverse Mortgage review
7/13/2016
I thought Cliff and his associates at All Reverse were there for me at every step of the process.Their interest rates were there with the other companies. What made them far better then the other companies were their closing costs were far less. I could not have chosen a better company.

Lenard Hood
All Reverse Mortgage review
4/17/2016
Here are some key things we enjoyed when we were working with All Reverse Mortgage. Most importantly from the beginning we were glad to realize that we would be able to communicate with you in a timely fashion, which we felt was important should any problems would arise during the process. Especially considering how long the process can take. We were also greatly please with your forward thinking on handling any possible problems that could arise. However before we actually spoke with you we were able to gain a lot of knowledge from your web site that we did not see in other web sites that offered reverse mortgages. Through out the whole process we were happy and felt comfortable, which also confirmed to us that we choose a very professional organization to work with. We would highly recommend All Reverse Mortgage to anyone looking for a reverse mortgage.

L
Lois B.
Orange, California
All Reverse Mortgage review
4/14/2016
Thank you for your help in securing a Reverse Mortgage for Richard and I this winter. Your company was not the first one I called for information on a RM, but from the first day I called you in late January, I was impressed by both your knowledge and your clear explanations. Then, once we had chosen your firm based on your very competitive rates and fees, I was impressed with your quick service. Your employees also provided excellent explanations and service. The process went very smoothly and I would recommend All Reverse Mortgage to seniors like us. Please feel free to use me as a reference if someone has doubts about using an online service like you provide. Again, thank you for your competence and patience in dealing with us. Sincerely yours, Lois B.

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Walter II
Orange, California
All Reverse Mortgage review
4/13/2016
Do not hesitate to request your quote, they are a great bunch of people who will help and guide every step of the way. Of the three offers I received All Reverse was lowest in rate and offered it at no closing costs. - Walter II