Live Well Financial Reverse Mortgage Review

#11 in Reverse Mortgages

Live Well Financial is a direct mortgager that handles in-house processing of loans by their loan officers, processors, and underwriters. The company also provides assistance with its retirement mortgage planning services for qualified property holders.

Services and Features

Live Well Financial offers 3 different types of reverse mortgage loans. The HECM is FHA-insured and supported by the U.S Department of Housing Development. A single reverse mortgage allows client to use the money for one purpose only, while the proprietary reverse mortgage lets the borrower establish their own terms as it is privately insured by the company.

Live Well Financial provides step-by-step procedures on the reverse mortgage process. With the help of their document underwriters, processors, loan officers and other staff, the company discusses the process in detail with every prospective borrower.

Live Well Financial provides a free reverse mortgage calculator that lets client estimate how much their reverse mortgage will cost. They offer a Fixed Freedom loan.

Live Well Financial Reverse Mortgage allows clients to switch some of their home value to cash assets. The mortgagor can use the borrowed money as a payment for medical bills, home upgrades, or for paying off the remaining loan.   

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

Not Stated

Interest Rate

Not Stated

Closing Cost and Fees

Not Stated

Help and Support

Mobile App

Telephone Support

Webinars

Email

FAQs

 Reverse Mortgage at Live Well Financial

Live Well Financial offers a good mix of reverse mortgage loans that can help borrowers find the right type of loan suitable to their needs. 

Start your review for Live Well Financial Reverse Mortgage