When it Comes to Reverse Mortgages, We’re an Industry Leader.
You’ve found one of the top reverse mortgage companies in the United States. For more than 30 years we’ve helped people just like you unlock the equity in their home and enjoy a more comfortable retirement. If you’re ready for us to find you the absolute best reverse mortgage available and change your quality of life, we’re ready to go to work.
We Specialize in Reverse Mortgages
Here at Fort Funding, we understand that the process of getting a reverse mortgage can seem daunting, which is why we’ve made it our mission to take the time to make the process as simple and stress-free as possible for you. We’ll guide you through every step, from the initial consultation to the final closing, ensuring that you understand every step along the way. Are you ready for us to help you find the best reverse mortgage possible?
How Do Reverse Mortgages Work?
1.
If you’re 62 years old (or older) and you have equity in your home, you’re the perfect fit for a reverse mortgage.
2.
If you need access to your home’s equity now to pay for your everyday living expenses, then a reverse mortgage can help you with exactly that.
3.
A reverse mortgage allows you to borrow money using your own home equity without any monthly payments as long as you stay in your home.
4.
When your home is sold, the loan is repaid, no problem.
5.
Reverse mortgages are very common, totally safe, and fully regulated by the federal government.
6.
Many people are eligible for reverse mortgages and don’t even know it. We highly recommend that you check for yourself, and we’re happy to help.
What Others are Saying
About Fort Funding?
Don’t just take our word for it– here are some actual, word-for-word reviews from real customers just like you.
Verified Google Reviews
I was a first time home buyer. Gus , Zofia and Magda were all so helpful and professional! We’re very happy with the services of Fort Funding. Highly recommend to anyone who would like to get the best mortgage rate in the market.
Huyen Anh Ho
March 30, 2020Had a terrible experience with this mortgage broker for my Buyer from their 3rd Avenue Branch in Brooklyn. We were originally dealing with Michael Friedrich and then Jamie Adesso was handling the loan process. We had been under contract for over five weeks, had received conditional loan approval several weeks ago. We were supposed to close last Friday, extended to tomorrow, and lender denied the loan the day before closing! Response on the denial letter was “income to debt ratio“ this should have been looked at prior to even doing a preapproval letter. The loan processor that we were dealing with, Jamie Adesso, would not always respond to our emails and when she did, she was rude and unprofessional. Unfortunately, Michael Friedrich was also copied on emails and never responded. At this time, I am negotiating the Release of Escrow as the lender missed the 'loan commitment deadline' and could end up costing my Buyer up to $10,000 of his escrow deposit. This is why realtors suggest potential buyers use the lenders they are familiar with. Would not recommend this company.
Shelly Servedio
March 30, 2022Gus and Jenna have been phenomenal. The amount of follow-up and follow through are unparallel as they are always on top of my file, updating me every step of the way. The loan terms are great and customer service can’t be beat. I have dealt with many lenders and bankers in the past and I can say without reservation that Fort Funding Corp is the best mortgage broker in the business.
Howard Cheung
March 30, 2019Issac weiser and their whole team is very professional I’m so happy to have you guys to process my loan and very much reliable and very smooth thanks
hassan Javaid
March 30, 2022Gus and James were great to work with. Gus is like a human encyclopedia of mortgages. We shopped around before coming here but Gus and James really helped us find the best rate. They cared about our mortgage like it was their own.
Michael Teevan
March 30, 2019I recently purchased my first home and luckily I had the help of Gus and Katrina to help me along the way. They made a very stressful time of my life a little less stressful and were there for me every step of the way. They showed true interest in making sure I was taken care of to the best of their ability and always made sure to be available when I needed. I highly recommend fort funding and I wouldn't go through the purchase of a home with anyone else. thanks guys!
john sclafani
March 30, 2019
We’ll Take the Time You Deserve
You have a lot of options when it comes to choosing who to partner with for a reverse mortgage. That’s why here at Fort Funding, we put in the extra time and work to give every single customer the most incredible lending experience possible.
This might surprise you, but, we go against the grain of the mortgage industry. Why? Because nowadays, so many lenders have given up quality for quantity– and it’s customers like you who suffer. That’s not us, and it never will be.
Since we began in our small office in Brooklyn in 1993, we’ve treated every client like family, and reimagined what a first-class, personal mortgage experience can look like.
If you’re looking for a personalized experience we’re excited to show you your reverse mortgage options available at incredible rates. Let’s talk today.
Start Your Reverse Mortgage Process Now
Annette Fisher will be reaching out to you.
She is not only a Mortgage Loan Originator specializing In Reverse Mortgages, but she has been helping senior’s with Reverse Mortgages for nearly 20 years and has been with Fort Funding for 15 years.
She is a Certified Senior Advisor and Certified Aging In Place Specialist. She loves helping seniors age in place and work through financially surviving retirement.
Annette looks forward to helping you!
Rest assured that we’re licensed and secure
We proudly offer mortgage assistance and lending options in the following states.
NEW YORK
NMLS #39463 – License #A003656
Registered Mortgage Broker – New York State Department of Financial Services. All loans arranged through third party providers.
PENNSYLVANIA
NMLS #39463
Licensed by the Pennsylvania Department of Banking and Securities.
NEW JERSEY
NMLS #39463
Correspondent Residential Mortgage Lender – Licensed by the NJ Department of Banking & Insurance. As per the NJ Department of Banking and Insurance, when Fort Funding Corp. is acting as a broker, it does not make any mortgage commitments or fund any loans.
FLORIDA
NMLS#39463 – Lender License #MBR2367
Licensed by the Florida Office of Financial Regulation.
CONNECTICUT
NMLS #3946 – License #20264
Connecticut Mortgage Broker – Connecticut Department of Banking.Mortgage Broker only, not a Mortgage Lender or Mortgage Correspondent Lender.
CALIFORNIA
California-DPI. Financial Law License
LICENSE/REGISTRATION # 60DB0-148018
Licensed Under the California Department of Financial Protection and Innovation
Visit www.nmlsconsumeraccess.org for complete state licensing information.
Fort Funding Corp. NMLS# 39463
What is a reverse mortgage?
A reverse mortgage is a loan that allows homeowners who are 62 years or older to borrow against the equity in their home without having to make monthly mortgage payments. Instead, the loan is repaid when the homeowner sells the home, moves out, or passes away.
How much money can I get from a reverse mortgage?
The amount of money you can get from a reverse mortgage depends on several factors, including your age, the value of your home, and current interest rates. Typically, the older you are and the more equity you have in your home, the more money you can borrow.
What can I use the money from a reverse mortgage for?
You can use the money from a reverse mortgage for any purpose, such as paying off debts, covering medical expenses, or making home improvements. However, the loan must be repaid when you sell your home, move out, or pass away.
Will I have to make monthly mortgage payments with a reverse mortgage?
No, with a reverse mortgage, you do not have to make monthly mortgage payments. Instead, the loan is repaid when you sell your home, move out, or pass away.
How is the loan amount calculated for a reverse mortgage?
The loan amount for a reverse mortgage is calculated based on several factors, including your age, the value of your home, and current interest rates. Generally, the older you are and the more equity you have in your home, the more money you can borrow.
Will I still own my home if I get a reverse mortgage?
Yes, you will still own your home if you get a reverse mortgage. However, you will need to repay the loan when you sell your home, move out, or pass away.
Can I get a reverse mortgage if I have an existing mortgage on my home?
Yes, you can get a reverse mortgage if you have an existing mortgage on your home. However, the existing mortgage must be paid off with the proceeds from the reverse mortgage.
Will I be able to leave my home to my heirs if I have a reverse mortgage?
Yes, you can still leave your home to your heirs if you have a reverse mortgage. However, your heirs will need to repay the loan when they sell the home, move out, or refinance the mortgage.