About Premier Reverse Mortgage

Brief Summary of Services: 

• Reverse mortgage 
• Reverse mortgage for purchase 
• Condo reverse mortgage 

Premier Reverse Mortgage Synopsis 

Review Summary: Premier offers a traditional reverse mortgage product, reverse mortgage for purchase, and a reverse mortgage for condos.  

Recommended for: If you live in one of the nine states serviced by Premier, and you are looking for company where you will receive very personal service, Premier is worth looking into for your reverse mortgage.  

Pros and Cons of Premier Reverse Mortgage

Premier Reverse Mortgage Reviews

Premier Reverse Mortgage Full Review 

Overview 

Premier Reverse Mortgage is a boutique reverse mortgage company that offers personal service, but it is only available in a handful of states.  

Premier offers traditional Home Equity Conversion Mortgages (HECM), HECM for purchase, and a special reverse mortgage for those who own a condo.  

It also offers several guides to educate homeowners about reverse mortgages, including a Reverse Mortgage Guide, a Reverse Mortgage Guide for Adult Children, and a Reverse Mortgage Purchase Guide.  

Premier Reverse Mortgage Loan Options 

Premier Reverse offers the following types of loans:  

• Traditional reverse mortgage  
• Reverse mortgage for purchase 
• Condo reverse mortgages 

Reverse Mortgage Loan Application Process 

Here is the application process as described by Premier:  

• Loan application. Premier Reverse says that in some states, it will file the loan application as the first step, which includes signing the application and submitting the requested documents. However, in some states, the application is not submitted until after the HUD counseling session is completed.  
• HUD-approved counseling. Whether the counseling session is required before or after the application, in order to get approved for a reverse mortgage, homeowners must complete a counseling session. The counseling may take place in person or over the phone. Once the counseling session is over, you will receive a certificate. Once that is sent to Premier, the appraisal can take place.  
• Appraisal. You will be contacted by the appraiser to make an appointment. You will have to pay the appraisal company for its services. The completed appraisal will be sent to Premier, who will send you a copy along with information about how the findings affect your loan.   
• Closing. The closing will take place at your home or at the title company.  

Company Information  

Premier Reverse Mortgage is based out of Atlanta, GA. It is a member of the National Reverse Mortgage Lenders Association (NRMLA) and an approved lender of the U.S. Department of Housing and Urban Development (HUD).  

Premier was founded by Matt Neumeyer in 2012. Neumeyer started his own reverse mortgage company after working in the reverse mortgage industry since 2004.   

The company is built around Neumeyer’s experience, his commitment to integrity, and personal service. Neumeyer personally originates, processes, and coordinates the closing of the reverse mortgage loans sold by Premier.  

States Serviced by Premier

• Arkansas 
• California 
• Colorado 
• Florida
• Georgia 
• Michigan  
• New Jersey 
• Virginia  
• Washington 

Office Locations 

• Atlanta, Georgia 

Reviews last updated: 4/2/24. (Reviews are typically updated monthly.)

Rating last updated: 2/4/24. (Ratings are typically updated once per quarter.)

Read More About This Topic:  

• A Guide to Reverse Mortgages in 2022 
• Reverse Mortgage Loan Process 
• Top 10 Reverse Mortgage Lenders YTD 

This information is intended to be general and educational in nature and should not be construed as financial advice. Consult your financial advisor before implementing financial strategies for your retirement.