Nov 21, 2020
J & E, Mililani Hawaii
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For those considering a reverse mortgage especially on Oahu we highly recommend Wendy Oshiro at Open Mortgage.
Initially we were apprehensive about the concept of reverse mortgages but Wendy dispelled our fears. From our first meeting we found her to be very knowledgeable as she explained what a reverse mortgage can provide, its benefits and advantages as well as precautions to consider, documentation we would need to provide, standard fees to expect from all entities involved, the amount we may qualify for, and responsibilities as borrowers. Of the different options available for the reverse mortgage, she helped us decide which would be the best choice for our needs. We asked her to proceed with our application.
Before the application process could go forward we were required to consult a HUD credit counselor who forewarned us that sometimes these applications could take as long as three months. However, Wendy and her team were able to complete the entire process in seven weeks which was phenomenal.
Wendy kept us apprised of the progress of our application each step of the way. She is well informed, experienced, thorough and efficient. She is also very personable and was always available to answer questions and followed up. Working with a local company has its advantages and we were very fortunate to have found a very competent person in Wendy.