Reverse Mortgage Advisors of America Review


Rating: 8 / 10 (Very good)
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Reverse Mortgage Advisors of America, or RMA, is a reverse mortgage lender with over two decades of experience. Based in California, this company offers all manner of reverse mortgage types, including proprietary, single-purpose, HECM, and VA. This company makes its options available based on a borrower’s age and equity.

How is Reverse Mortgage Advisors of America rated?

Breakdown

9/10
Lender Details
8/10
Loans
7/10
Consumer Experience

Overall Rating: 8 / 10 (Very good)

Reverse Mortgage Advisors of America is a reverse mortgage broker, not a lender in and of itself. Though they provide very little information on their website, a quick search of the internet reveals uniformly positive reviews from various different consumer-based websites, with high praise for their level of customer service. It seems they encourage borrowers to contact representatives directly, rather than rely on providing online information. Though this can be off putting for some, their dedication to service excels at the personal level.

Lender Details

Lender Type
Broker
2016 HECM Loan Value
$6,813,242
Nationwide Mortgage Licensing System ID
118004
Nationwide Mortgage Regulatory Actions
0

Lender Details - 9 / 10

Though they aren't a lender themselves, but a broker, Reverse Mortgage Advisors of America has more than twenty five years' experience in reverse mortgages. However, where many comparable companies offer information on some of their lenders' rates or qualification requirements, Reverse Mortgage Advisors of America's website is surprisingly devoid of any such data, preferring to focus on direct contact with customers.

Reverse Mortgage Advisors of America Loans

Loan Types
HECM Traditional
HECM for Purchase
HECM Refinance
Proprietary Reverse Mortgage

Loans - 8 / 10

Reverse Mortgage Advisors of America can connect senior borrowers with lenders that offer all three types of FHA-insured HECMs, as well as proprietary reverse mortgages, also known as jumbo reverse mortgages. However, they provide zero information about their network of lenders, which makes it difficult for homeowners to properly research terms and rates.

Reverse Mortgage Advisors of America Consumer Experience

Site Features & Mobile App
Home Equity Calculator

Consumer Experience - 7 / 10

Reverse Mortgage Advisors of America is not a lender in and of itself, but a reverse mortgage broker. They have uniformly positive reviews across several consumer-based websites, with consumers focusing on the company's dedication to customer care and representatives' excellent availability. However, there is no entry with the BBB or Trustpilot.

Contact & Additional Info


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Customer Comments & Reviews

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Peter S
Trabuco Canyon, California
8/19/2017
RMA was great to work with. My loan officer Sean was always on top of things and made the entire process easy and stress free. The reverse mortgage was a great choice for us and it has really provided us financial freedom and relief! Thank you!


R
Ronald E
Pompano Beach, Florida
9/26/2016
RMA Sean Obrian provided excellent service. He was knowledgable and responded quickly. We only had one small problem and that was rectified after closing.



Top Rated
Our Partner
8.0 / 10
  • Get Instant Quote Online
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  • A+ BBB Accredited
  • Approved by Equal Housing Opportunity
  • Reverse Mortgage Calculator available
  • Only available in CA, OR, WA, CO, LA, GA and FL