Step by step Reverse Mortgage process

Step 1. Become an approved ORM Advisor
Each broker must complete an Advisor agreement before the loan process can begin.

Step 2. Submit Lead
Enter prospective client information through the Advisor submission form located on the home page of our website.

Step 3. One Reverse Mortgage Banker contacts you.
After entering the client's general information in the submission form, we will contact you to discuss the reverse scenario and provide detailed instructions on how to proceed.

One of our reverse mortgage certified consultants will work with your clients and complete the loan application. It is a HUD requirement that only an employee of One Reverse Mortgage may actually take the application for the said reverse mortgage.

Step 4. Loan Closing
Brokers will receive their compensation following the close of escrow. Advisor commissions are federally regulated (25% of the 2% origination fee) and do NOT vary across other lender programs but can vary depending on Lending Limits. A Mortgage Banker can provide more clarification.