PRIVACY POLICY

 FACTS WHAT DOES Reverse My Mortgage DO WITH YOUR PERSONAL INFORMATION?
 WHY?  

Companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.


 
 WHAT?  

The types of personal information we collect and share depend on the product or service you have with us. This information can include:

  • Phone number and income.
  • Account balances and payment history.
  • Contact Information and Address Information.

 
 HOW?  

All companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons companies can share their customers' personal information; their reasons Reverse My Mortgage chooses to share; and whether you can limit the sharing.


 
 Reasons we can share your personal  information  Does Reverse My Mortgage Share?  Can you limit this  sharing?
 

For our everyday business purposes - such as to process your transactions, maintain your accounts, respond to court orders and legal investigations, or report back to credit bureaus.


 		  Yes  Yes
For our marketing purposes - to offer our products and services to you.   Yes  Yes
 

For our affiliates' everyday business purposes - information about your transactions and experiences.


 		  Yes  Yes
 

For our affiliates' everyday business purposes - information about your credit worthiness.


 		  Yes  Yes
 

For our affiliates to market to you.


 		  Yes  Yes
 

For our nonaffiliates to market to you.


 		  Yes  Yes
 For feedback on our products & services.  Yes  Yes
 OPTING OUT: To limit our sharing  IF YOU NEED TO OPT OUT:
  • Call 1-855-473-8377 - our menu will prompt you through your choices.
  • Visit us online: www.reversemymortgage.com
  • by Mail:  846 South Main Street, Bountiful, UT 84010

Please note:

If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you're no longer our customer, we can continue to share your information as described in this notice.

However, you can contact us at any time to limit our sharing.


 
 Questions?  

Call 1-855-473-8377 or go to www.reversemymortgage.com.


 
State and Federal Compliance

Reverse My Mortgage LLC works with a select group of Reverse My Mortgage, LLC approved lenders.  These lenders operate and comply with all federal and/or state laws and regulations.

Fees:  Reverse My Mortgage.

Reverse My Mortgage does not collect or charge any fees for the service provided on this site including the reverse mortgage calculator.  Reverse My Mortgage, LLC does not charge fees for any other service provided to consumers. However, Reverse My Mortgage, LLC approved lenders may have fees associated with closing a reverse mortgage.  We encourage you to review all their fees and procedures prior to closing a reverse mortgage loan.

How we use the information we collect

We collect, retain and use only personal information is required to provide you with a personalized reverse mortgage evaluation. We may disclose your information to our selected group of reverse my mortgage approved lender in order to fulfill requests for information. Once a Reverse My Mortgage approved lender receives your information, they may contact you directly via phone, e-mail or other communications. All of these lenders operate under federal and/or state laws and regulations.  The privacy policy of these approved lenders may be different from ours, so we encourage you to read their policy before responding to a Reverse My Mortgage approved lender’s offer.

From time to time, Reverse My Mortgage may contact you to request feedback on your experience in order to make improvements to our site.  Reverse My Mortgage may disclose information about you as required by law.