One Reverse Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 549300EHC6INE5XY6I44
Tax ID: 04-3568208
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Mortgage Data
Review & Overview
One Reverse Mortgage is a smaller mortgage company specializing in Cash Out Refi and Refi loans. They have a a high proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Los Angeles, San Francisco, Miami, San Diego, and Denver among others. We have data for 136 markets. (Some data included below & more in-depth data is available with an active subscription.)One Reverse Mortgage has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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Originations
486Origination Dollar Volume (All Markets)
$140,420,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 63 | $33,335,000 | $529,127 | $0 | 4.31% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 38 | $20,330,000 | $535,000 | $0 | 4.70% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 19 | $6,565,000 | $345,526 | $0 | 3.88% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 13 | $5,595,000 | $430,385 | $0 | 4.01% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 16 | $4,530,000 | $283,125 | $0 | 3.60% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 18 | $4,300,000 | $238,889 | $0 | 3.52% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 16 | $3,640,000 | $227,500 | $0 | 3.31% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 8 | $3,560,000 | $445,000 | $0 | 4.27% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 10 | $3,250,000 | $325,000 | $0 | 3.31% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 18 | $3,010,000 | $167,222 | $0 | 3.67% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 5 | $2,655,000 | $531,000 | $0 | 3.57% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 10 | $2,510,000 | $251,000 | $0 | 3.70% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 9 | $2,135,000 | $237,222 | $0 | 3.76% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 11 | $1,615,000 | $146,818 | $0 | 3.57% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 6 | $1,590,000 | $265,000 | $0 | 3.35% |
| Outside of Metro Areas | 11 | $1,455,000 | $132,273 | $0 | 3.59% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 7 | $1,445,000 | $206,429 | $0 | 3.40% |
| BOULDER, CO (FHA|USDA|VA) | 3 | $1,435,000 | $478,333 | $0 | 4.13% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $1,360,000 | $340,000 | $0 | 3.56% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $1,295,000 | $431,667 | $0 | 4.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 8 | $1,270,000 | $158,750 | $0 | 3.82% |
| FORT COLLINS, CO (FHA|USDA|VA) | 6 | $1,200,000 | $200,000 | $0 | 3.51% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $1,190,000 | $595,000 | $0 | 5.19% |
| STOCKTON, CA (FHA|USDA|VA) | 5 | $1,185,000 | $237,000 | $0 | 3.63% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $0 | 3.49% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $0 | 4.61% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 6 | $1,010,000 | $168,333 | $0 | 3.90% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $0 | 2.93% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 6 | $850,000 | $141,667 | $0 | 3.82% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $0 | 3.64% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 6 | $700,000 | $116,667 | $0 | 3.62% |
| MODESTO, CA (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $0 | 3.74% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $0 | 3.39% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $0 | 2.99% |
| Port Angeles, WA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 3.34% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 6.63% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $560,000 | $140,000 | $0 | 3.30% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 2.83% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $0 | 3.58% |
| PROVO-OREM, UT (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 3.01% |
| BEND, OR (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 2.92% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 2.83% |
| RENO, NV (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $0 | 4.02% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 3.38% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 2.81% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 3.01% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 3.46% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 3.17% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 3.79% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 3.03% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 3.76% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 4.12% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 3.23% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 2.76% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 3.37% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 3.43% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 3.88% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 2.43% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 2.72% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 2.63% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 3.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 3.48% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 3.72% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 4.05% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.34% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 3.76% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 2.96% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 3.50% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 3.85% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 3.59% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 3.21% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 3.09% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 4.30% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 3.70% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 4.39% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 3.84% |
| Roseburg, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.18% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 3.80% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 3.88% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 2.32% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 2.72% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.47% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.46% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 4.51% |
| OCALA, FL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 4.05% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 4.86% |
| REDDING, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 3.47% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.63% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 3.60% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 3.72% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 3.34% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.76% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.09% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 3.98% |
| Sheridan, WY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.76% |
| Granbury, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 2.59% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.43% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 2.82% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.06% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.35% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.88% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.45% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.72% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.67% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.34% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.38% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.34% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.93% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.51% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.09% |
| Salina, KS (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.47% |
| Palatka, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.32% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.43% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.50% |
| Selinsgrove, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.43% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.10% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.10% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.38% |
| Clovis, NM (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.73% |
| MONROE, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.84% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.97% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.13% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 3.88% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.09% |
| Ludington, MI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 2.85% |
| READING, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.88% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.63% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.92% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.68% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.26% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.23% |
| Galesburg, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.97% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.21% |
| Searcy, AR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.47% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.71% |
Product Mix
For 2020, One Reverse Mortgage's most frequently originated type of loan was FHA, with 432 originations. Their 2nd most popular type was Reverse Mortgage, with 34 originations.
Loan Reason
For 2020, One Reverse Mortgage's most frequently cited loan purpose was Cash Out Refi, with 301 originations. The 2nd most popular reason was Refi, with 102 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 486 | $140,420,000 | $288,930 | $0 | 3.82% |
For 2020, One Reverse Mortgage's most frequently cited loan duration was Other, with 486 originations.
Interest Rates
During 2020, One Reverse Mortgage's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 250 originations.
Loan Sizing
2020 saw One Reverse Mortgage place emphasis on $200k-400k loans with 181 originations, totaling $51,425,000 in origination value.
Applicant Income
One Reverse Mortgage lent most frequently to those with incomes in the $50k or less range, with 416 originations. The second most popular income band? $50k-75k, with 48 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications60.38%
One Reverse Mortgage has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination89.30%
One Reverse Mortgage has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 486 | $140,420,000 | $288,930 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 486 | $140,420,000 | $288,930 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 12 | $6,320,000 | $526,667 | $0 | 4.14% |
| 40-60% | 377 | $107,565,000 | $285,318 | $0 | 3.88% |
| 60-80% | 97 | $26,535,000 | $273,557 | $0 | 3.54% |
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| ONE REVERSE MORTGAGE, LLC | Reverse mortgage | Closing on a mortgage | 2 | 100.0% |