Colorado Reverse Mortgage

Mortgage Brokers, Mortgage Broker

7478 Park Cir, Boulder, CO 80301

Reviews for Colorado Reverse Mortgage

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  • Aug 2024

    Colorado Reverse Mortgage, led by Mace Kochenderfer, is a valuable resource for those looking to learn about and obtain a reverse mortgage. The business specializes in the Home Equity Conversion Mortgage (HECM) program, which is intended for homeowners who are 62 years of age and older. While many mortgage lenders do not offer or fully understand this specialized program, Colorado Reverse Mortgage excels in it. One client, a 76-year-old homeowner in Western Colorado, was initially unsure if they would qualify for a reverse mortgage due to their home being a manufactured home. After being turned down by other lenders, they reached out to Colorado Reverse Mortgage. Mace, the owner, worked with the client for six weeks, ensuring they understood every aspect of the reverse mortgage before deciding to proceed. The client appreciated the guidance provided by Mace and his wife Kara throughout the process. Another client had a positive experience with the business, stating that Mace was "awesome" and made the process of obtaining a reverse mortgage "practically seamless." They highly recommend Mace and Kara to anyone considering a reverse mortgage. A 77-year-old widow also had a great experience with Colorado Reverse Mortgage. She had many questions and appreciated that Mace was always available to answer her calls. She considers Mace a real friend and appreciated his help throughout the process, as well as his availability for future assistance. In summary, Colorado Reverse Mortgage, under the leadership of Mace Kochenderfer, is a reliable and dedicated business that provides valuable knowledge and assistance to those looking to obtain a reverse mortgage. They excel in the HECM program and are committed to working with their clients to ensure they understand the process and make informed decisions.

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From Colorado Reverse Mortgage

At Colorado Reverse Mortgage, our goal is to teach others and spread knowledge about the Reverse Mortgage program and options. The term “Reverse Mortgage” typically refers to a Home Equity Conversion Mortgage or a “HECM”. It is a highly regulated program that is insured by HUD thru FHA (the Federal Housing Administration) and is intended to benefit homeowners 62 years of age and older. Because it is a unique and specialized program, most mortgage lenders do not offer or fully understand this product. Some lenders advertise the Reverse program but are not specialists familiar with the intricacies or are aware of recent changes that affect you.

Hours

Monday: 8:30AM - 5PM
Tuesday: 8:30AM - 5PM
Wednesday: 8:30AM - 5PM
Thursday: 8:30AM - 5PM
Friday: 8:30AM - 5PM
Saturday: ClosedSunday: Closed

Ratings

Google Google: 5/5

Colorado Reverse Mortgage

7478 Park Cir, Boulder

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