Why Shop for a Reverse Mortgage Here?


(Why the Kosher HECM Reverse Mortgage(tm) is different)

FeatureKosher Reverse MortgageMainstream Reverse Mortgage
Clear, Easy to Understand PricesYes, lenders post complete (no surprises) pricing on this site.No, lenders generally keep their prices under wraps
Guidance on OptionsBest, based on state-of-the-art calculator and guidance from disinterested experts.Hit or miss, seniors consult loan officers selected primarily for their sales skills.
Equity RemainingCalculator shows the best possible estimate of home equity remaining for the senior’s estate. Not generally available.
Price CompetitionYes, seniors can select the best price on their desired HECM option from those offered by competing lenders.No, almost all seniors accept the prices of the one loan provider they contact.
Price Lock ProtectionYes, locked prices must be identical to current prices, which seniors can check.No, lenders can cheat with impunity when they lock.
Availability of Low-Cost LoansYes, lenders compete with regard to origination fees as well as interest rates.Maybe, depending on the lender.
Availability of Shopping GuideYes, seniors who go through the kosher process end up with the data needed to shop the mainstream market.No.
Availability of OmbudsmanYes, the professor and his colleagues will act as ombudsmen if issues arise between the senior and the lender.No.

In or near retirement? The Professor’s Retirement Funds Integrator (RFI) might enhance your life during retirement.

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