One Reverse Mortgage vs All Reverse Mortgage

Kalicia Bateman
Kalicia Bateman | Contributor

Both One Reverse Mortgage and All Reverse Mortgage are great options to conisder for a reverse mortgage.

One Reverse Mortgage (A Quicken Loans Company) is among the leaders in the reverse mortgage industry, becoming one of the largest reverse mortgage companies in the nation. What makes One Reverse Mortgage so popular is because it is one of the lenders that offers a wide variety of reverse mortgage options. Its specialty proprietary reverse mortgage loan called Home Equity Loan Optimizer (HELO) is a great option for those that may not qualify for a normal reverse mortgage.

All Reverse Mortgage was founded in 2004 and is leading the industry as one of the most affordable and popular reverse mortgage lenders. Focusing only on reverse mortgages, its business model as a direct lender was created to keep cost low by spending less on middleman costs and focusing more on the quality of its loan products.

All Reverse Mortgage logo
#1 All Reverse Mortgage Insufficient Reviews
0.0
star_border star_border star_border star_border star_border
(0)

Overview

One Reverse Mortgage

Time in Business

Undisclosed

All Reverse Mortgage

Undisclosed

Ratings

One Reverse Mortgage

Overall Score
2.8 of 10
Review Score
5.0
star star star star star
Value for Money
5.0
star star star star star
Quality of Product or Service
5.0
star star star star star
Company Trustworthiness
5.0
star star star star star
Likely to Recommend
10.0 of 10

All Reverse Mortgage

4.0 of 10
0.0
star_border star_border star_border star_border star_border
0.0
star_border star_border star_border star_border star_border
0.0
star_border star_border star_border star_border star_border
0.0
star_border star_border star_border star_border star_border
0.0 of 10

Reviews

One Reverse Mortgage

Number of Reviews
1
Review Breakdown
5.0
star star star star star
5 star
100%
4 star
0%
3 star
0%
2 star
0%
1 star
0%

All Reverse Mortgage

0
0.0
star_border star_border star_border star_border star_border

Reviews for One Reverse Mortgage

Helpful Favorable Review

star star star star star

seanth57 Columbus, GA

I was informed of every step of the loan process, my questions were answered very quickly. The fees were the lowest of similar and comparable loans.

4 months ago

Helpful Critical Review

None Available

Reviews for All Reverse Mortgage

Helpful Favorable Review

None Available

Helpful Critical Review

None Available

The Final Word

All Reverse Mortgage is designed to make sure the customer pays less. Since you won't be making a monthly payment on your reverse mortgage loan, the expenses arise from accruing interest rates and any added fees—making it extremely beneficial to borrow from a lender that is notorious for cutting costs.

As one of the few HUD(housing under development)-approved direct lenders, All Reverse Mortgage does not need to go through a middleman. This cuts costs down, as well as drops interest rates and fees. In fact, a study sponsored by the HUD surveyed interest rates among dozens of reverse mortgage lenders. Overall, All Reverse Mortgage company was ranked as the reverse mortgage lender that offered the lowest interest rate to its borrowers in comparison to competitors.

One Reverse Mortgage has a unique loan called the HELO. It is a proprietary reverse mortgage designed specifically to help those who have had a difficult time qualifying for a traditional reverse mortgage. Its unique features include the following:

  • Higher lending limits
  • No mortgage insurance premiums
  • No property restrictions
  • 100% immediate access and flexibility of your funds
  • Use your funds to consolidate debt

There is no other reverse mortgage product out there that offers all of these unique benefits in one lump sum. If you have certain government regulations, housing restrictions, and lending limits that is making it difficult for you to get a typical FHA reverse mortgage, then One Reverse Mortgage is a great option for you to consider.

Both lenders are great options to consider. Choose the one that best meets your needs.

Top Choice

All Reverse Mortgage Logo
All Reverse Mortgage