One Reverse Mortgage vs All Reverse Mortgage

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.