Reverse Mortgage Expert Review

Rating: 8.5 / 10 (Excellent)
Disclosure: We receive advertising revenue from this partner. Learn more.
Reverse Mortgage Expert is a service provider that operates as a subsidiary of American Advisors Group. Based with its parent company in California, Reverse Mortgage Expert provides information kits to potential borrowers. In combination with the borrower's age and home value, this company's FHA-backed HECM reverse mortgage quotes come with a range of disbursement options.

How is Reverse Mortgage Expert rated?

Breakdown

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

Overall Rating: 8.5 / 10 (Excellent)

Though the quality of Reverse Mortgage Expert is guaranteed by their association with American Advisors Group, the leading reverse mortgage lender in the United States, they don't offer the same amount of resources as their parent company. They are, however, a good alternative for people who are already decided on a reverse mortgage, and are looking to obtain quotes quickly.

Lender Details

Lender Type
Lender
2016 HECM Loan Value
$1,239,811,081
Nationwide Mortgage Licensing System ID
9392
Nationwide Mortgage Regulatory Actions
8

Lender Details - 8.5 / 10

Reverse Mortgage Expert is powered by American Advisors Group, the industry leader. Their website provides a two-minute application form for borrowers to complete, and then receive a quote and information kit. The website is very bare bones compared to others, and users must fill out the application form in order to arrive at any other part of the site, which can be off putting.

Reverse Mortgage Expert Loans

Loan Types
HECM Traditional
HECM for Purchase
HECM Refinance
Proprietary Reverse Mortgage
Payout Options
Lump Sum Payment
Monthly Payments
Line of Credit
Appraisal Fee
$450

Loans - 8.5 / 10

Reverse Mortgage Expert offers every type of government-insured Reverse Mortgage available, as well as Proprietary Reverse Mortgages, also called Jumbo Mortgages. These can be paid out in a variety of different ways, including lump sums, monthly payments, or credit lines. As the company is powered by AAG, customers are guaranteed years of experience and professionalism.

Reverse Mortgage Expert Consumer Experience

Site Features & Mobile App
Home Equity Calculator
Online Quote
BBB Rating
B+
Number of BBB Positive Reviews
128
Number of BBB Neutral Reviews
4
Number of BBB Negative Reviews
16
Trust Pilot Rating
8.4 out of 10
Date Collected
2017-08-17

Consumer Experience - 8.5 / 10

Reverse Mortgage Expert provides an online quote, as well as a home equity calculator, once the borrower completes the initial form. Before doing so, users cannot access any other part of the website of its information, which severely limits the amount of resources available for somebody interested in looking without any commitment.

Contact & Additional Info

Homepage URL
Company Phone
(866) 265-5282
Headquarters Address
3800 West Chapman Ave, 3rd & 7th Floor, Orange, CA, 92868
Mailing Address
3800 West Chapman Ave, 3rd Floor, Orange, CA, 92868
Year Founded
2004

Top Rated
Our Partner
8.5 / 10
  • Free Information Kit on Reverse Mortgages
  • Brand is Powered by AAG, The industry leader
  • Proud Member of NRMLA
  • Great customer satisfaction rating
  • US Department of Housing and Urban Development Lender
  • Eligibility: Age 62+, $100K+ home value with 50%+ equity
  • Get Free Download of Reverse Mortgage Guide

Latest Reverse Mortgage Expert Reviews

Loading Reviews ...
P
palmage H
Ocala, Florida

12/16/2016
I have been trying to get a reverse mortgage from AAG since July 27 2016. Todays date is DEC. 15 2016 it has cost me 600.00 hundred dollars and I know no more than when I applied. Can't get no one to answer my calls. Would only like to know if this application is good or not. I don't like writing reviews about companies infact this is my very First one. AAG does not keep you informed on how your application and loan is going. FED UP.


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