Bill Simms

NMLS #543251 Branch Manager/ HECM Loan Originator Open Mortgage LLC Branch NMLS #1231566
Bill is a Branch Manager/Loan originator, specializing in Reverse Mortgages for Oklahoma and Arkansas.
For the past 8 years Bill has been helping existing home owners refinance their homes with a (HECM) reverse mortgage. In addition he is also helping seniors PURCHASE a home with a Reverse Mortgage, sometimes called a Home Equity Conversion Mortgage , HECM for Purchase or simply H4P. Bill has successfully worked with many realtors with this program and helped them develop happy buyers.

For anyone age 62 or older looking to change their life style should give Bill a call to discuss the possibilities of a reverse mortgage or a HECM for Purchase.
Apr 27, 2016
Bill Simms has been such a great help to us in many ways. He made sure that we were sure about our decision before going any farther. He has stayed with us and was always avaiable,which was very often. We can't say enough about his demeaner, sense of humor, and all around good guy. We were very appreciative of him and how he haandled our business. We feel we have made a friend. Bob and Shirley Beyerle
Apr 27, 2016
Bill was so wonderful to work with. He was accessible and responsive to all of my questions and concerns. He provided me with good information and instructions that were easy to follow to do my part in the process. He was so courteous. Although we were not able to complete the deal it was not because of Bill. The appraisal for the house did not come in high enough, and I just didn't have the resources to make it work. Thank you Bill. You are a great guy!
Mar 31, 2016
We selected Bill because of proximity. We did not want to have to work with someone entirely by correspondence and telephone. In spite of being nearly 200 miles away Bill has come to our home twice, including for the signing. He is knowlegable and easy to work with.

Barry & Sherron West
Mar 26, 2016
Bill did a nice job he is very knowledgeable and explain thing well and answer my questions to my satisfaction . He was very patient when it came to make sure that i understood everything very well. I will recommend him as a good representative of the company.
Mar 23, 2016
Bill was recommended by our bank. Instant contact, instant appointment. Arrived in professional manner, senior patience, phenomenal explanation of both process and product. If your leary of phone or Internet non personal service, alleviate your anxiety with Bill Simms in your home. Consummate gentleman.
Feb 24, 2016
Senior Processor
Bill takes his work to heart, he cares about our Seniors and will do what he can to help them.

I would recommend Bill without any hesitation and he will give 100% to help Seniors.
Feb 24, 2016
President / Chief Lending Officer
Bill does a great job of making his customers feel comfortable with the reverse mortgage process. He communicates very well with his customers. Bill is great to work with. I will continue to recommend my customers to Bill.
Feb 22, 2016
family service representative/certified senior advisor
Bill has been an asset to my line of work helping seniors with financial decisions. He can be trusted and has always done the right thing for each client that has been referred. I have worked will Bill several years and will always refer to him!
Feb 15, 2016
SVP of Reverse Lending
Bill is the ultimate Reverse Mortgage professional with a caring heart to help his clients!
I can recommend Bill without any hesitation that he will do whatever it takes to make sure you get the best service possible ,and that you will get the best program suited for your situation.
Feb 15, 2016
Self-employed designer
As Bill described the different ways a reverse mortgage can assist people, I saw a potential for my Mom. When Bill made the trip to meet with her, I joined them so I could see what was being presented, and to make my mom more at ease with the process. Bill clearly explained the options and answered our questions. It was so nice to have someone I could trust to give us honest facts. After all the effort, Bill did agree that my mom was not a good candidate for the reverse mortgage, but his clear presentation was exactly what my mom needed to understand why this was not best for her. I'd recommend Bill to anyone wanting the facts.
Feb 15, 2016
Escrow Officer
Bill is great to work with. Very kind and personable. He has great communication with his customers and knows his products well. I always enjoy working with him. I would highly recommend working with him.
Feb 9, 2016
Bill walked us through the whole process from start to finish. He did an exceptional job and would recommend him anytime.
Feb 8, 2016
Lead Sales Rep, Liberty Mutual Insurance
I have know Bill for many years and have found him to be very knowledgeable in the Reverse Mortgage field. I have referred and will continue to refer my clients to him.
Feb 8, 2016
Bill is very professional in all his dealings with me and clients I have referred to him. He is always prompt in getting in touch with a referral client. I will always recommend him if I have a client in need of a reverse mortgage. I know they will be in the best of hands.
Feb 8, 2016
Business owner
Bill has always maintained a high level of integrity and service. He has helped many seniors and their children understand how reverse mortgages can potentially solve a number of financial problems.
Feb 8, 2016
Reverse Mortgage Advisor
I have been in the reverse mortgage industry for 11 years and known Bill all of his 8 years. I can say he is the definition of a true professional. Perfect for our business: soft spoken, caring, but all business for his customers and clients. No one could have a better advocate for them than Bill as your trusted advisor. I am grateful to be able to call him friend.
Feb 7, 2016
My wife & I recommend Bill, He was so help full in the process of getting our loan.
Answered all of our questions. Very knowledgeable about the process.
Feb 5, 2016
Retired IT
Bill is most knowable and professional. He helped myself and my wife through a successful reverse mortgage. I will not hesitate in recommending Bill to my friends.
Feb 5, 2016
IT Consultant
Excellent job of explaining the world of Reverse Mortgages.
Feb 4, 2016
Bill I sell sever my customers with a reverse mortgage in a timely manner
Feb 3, 2016
We would certainly recommend Bill Simms; When he presented Open Mortgage to us he was very through in his presentation. He was very courteous and friendly and polite and even thought his visit was for business purposes we enjoyed the visit.
Feb 3, 2016
Bill is the only person you need when it comes to reverse mortgages. When one of my clients wants information on these programs or wants to do a reverse mortgage. Bill Simms is who I recommend and only Bill. He is honest and forthright. Give Bill a call you'll be so glad you did. Make it a great day!
Sincerely, Gunner - Tip Top
Feb 3, 2016
We were very thankful that my brother, John Q. Adams, is a very good friend of Bill Simms, and directed us to the Reverse Mortgage and his friend, Bill Simms, who does this very thing. Bill worked very close with our realtor and got us the loan in a very swift time.

We are very happy to recommend Mr. Simms for the job.


Deloris J. Brunson
Feb 3, 2016
VP, Mortgage Lending
I have been referring customers to Bill for 4 years and have never had a complaint. He has always taken care of our customers.
Feb 3, 2016
Education Director - Greater Tulsa Association of REALTORS
Bill is an affiliate member of ours. He put together and taught a two-hour CE class for our REALTOR members which was very well received. He helped educate them on reverse mortgages, so they would be better able to help their clients.

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