One Reverse Mortgage Credit Decision / Underwriting Complaints

Review and analysis of over 1 complaints against One Reverse Mortgage

One Reverse Mortgage consumers have reported over 1 official complaints related to Credit decision / Underwriting. Out of the 1 consumer complaints against One Reverse Mortgage, 0% were disputed by the consumer (i.e. the consumer was not happy with how One Reverse Mortgage responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against One Reverse Mortgage resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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New Credit Decision / Underwriting Consumer Complaints


One Reverse Mortgage Mortgage credit decision / underwriting

October 28, 2015 - I applied for a reverse mortgage to pay outstanding property taxes and remodel my home which does not currently have a mortgage. My wife and I own - rental house and a building and were told that we had more than enough income for the mortgage. I paid for a inspection but the mortgage did not close because the banker took vacation on the last day that the appraisal was good, although we were told the mortgage was approved. Banker said I could reapply and the mortgage company would pay for the appraisal. The new application was processed in - 2015 and an appraisal was done. The mortgage...

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