• Skip to main content
  • Skip to footer
PARTNER WITH US PARTNER PORTAL

Smartfi Wholesale

  • The Smartfi Difference
  • Loan Products
    • FHA HECM
    • Smartfi Choice
    • Reverse for Purchase
  • Contact Us
  • FAQs
Calculator
Smartfi Office

Smartfi Cyan Color Logo

The Smartfi® Difference

We are a reverse mortgage wholesale lender with over 100 years of collective reverse mortgage experience. We are dedicated to always putting our partners, and their clients, first. From our comprehensive and easy onboarding process – to our innovative products, pricing and training – to our competitive broker compensation, we are committed to your success and your borrowers’ dreams. At Smartfi Home Loans, we take the thoughtful approach to lending.

Become a Partner

Girl working on a Macbook

The Smartfi Experience

The Smartfi Experience is having 100+ years of reverse mortgage expertise at your fingertips. It’s leaning on the knowledge of our passionate Account Executives when you need to. It’s knowing we have an open door and a commitment to your success – inviting you to ask for support where you need it, and us rising to the occasion to meet your needs.

At Smartfi, we value progress, innovation, transparency, integrity, and positivity. Every Smartfi specialist you work with exhibits these characteristics and is committed to our mission – to put every America senior in a position to succeed and make informed decisions about their retirement.

Why Be a Partner?

If you're looking for a lender who you can have confidence in, then a partnership with Smartfi Home Loans is for you. Our stability, experience and expertise have seen us through decades, helping our team succeed year after year. A partnership with us grants you access to our senior-focused lending solutions, a streamlined loan origination system, and the support of our knowledgeable and friendly experts.

Become a Partner
Cheerful Business Colleagues Working On Project In Office

Frequently Asked Questions

What is a reverse mortgage?

A reverse mortgage loan allows homeowners to borrow money using their home as security for the loan.  When you take out a reverse mortgage loan, the title to your home remains in your name. However, unlike a traditional mortgage, with a reverse mortgage loan, borrowers don’t make monthly mortgage payments. The loan is repaid when the borrower no longer lives in the home. Interest and fees are added to the loan balance each month and the balance grows. With a reverse mortgage loan, homeowners are required to pay property taxes and homeowners insurance, use the property as their principal residence, and keep their house in good condition.

How does a reverse mortgage work?

With a reverse mortgage, a borrower receives loan proceeds in the form of a lump sum, monthly payments, a line of credit, or a combination of any of these.  As with any other loan, terms and payouts are determined by the product, fees and interest rate.

When and how is the loan repaid?

Reverse mortgage loans typically must be repaid either when a borrower moves out of the home or when they pass away. However, the loan may need to be paid back sooner if the home is no longer a borrower’s principal residence, they fail to pay their property taxes or homeowners insurance, or do not keep the home in good repair.

How much is a borrower eligible for?

Loan proceeds are determined by the youngest borrower’s age, the product type and the corresponding interest rate.

How does a borrower qualify/who can get a reverse mortgage?
Basic requirements for reverse mortgage eligibility include the following:
  • All borrowers are at least age 55**
  • The subject property is a borrower's primary residence and has an acceptable appraisal
  • There is sufficient equity in the home
  • Borrower passes product specific residual income and credit requirements
  • Borrower completes reverse mortgage counseling
**Age requirements differ by product and state.
Does the borrower own their home when they have a reverse mortgage?

Yes. With a reverse mortgage, the title to the home remains with the borrower.

What are the benefits of offering a reverse mortgage?

Offering a reverse mortgage allows you to broaden your potential client base and referral providers, diversify your portfolio and help seniors meet their retirement goals.

Why should I partner with Smartfi Home Loans?
A partnership with Smartfi® grants you access to our innovative products, experience and expertise. Our industry leading turn times and pricing will help ensure you grow your borrower opportunities.
Will Smartfi help me get set up to offer reverse mortgages?

Yes, we have an experienced team of experts to provide you with all the training and education you need to start offering reverse mortgages.

How do I become a Smartfi Home Loans, partner?

Click here to submit your partner application.

Smartfi footer logo
Nrmla Member Logo

San Diego HQ
3636 Nobel Dr.
Suite 330
San Diego, California 92122

Medina Office
1113 Medina Road
Suite 400
Medina, Ohio 44256

Contact (877) 816-6706 wholesalesupport@smartfihomeloans.com
EHL Logo
SSL Seal
Smartfi Home Loans, LLC BBB Business Review

Privacy Policy  |  State Licensing   |  Web Accessibility  |   Sitemap

This site and the information on it is intended for industry professionals only. It is not intended for consumers.

2022 Smartfi Home Loans LLC (In Ohio only, does business under the trade name Bankers Guarantee Mortgage Company), Company NMLS 1862952.

These materials are not from, and have not been approved by, HUD, FHA, or any government agency. Subject to Credit Approval. For licensing information, go to: NMLS Consumer Access.

*Borrower must pay property taxes, insurance, any HOA fees and maintain the property.

** Age requirements differ by product and state.

Copyright © 2023 Smartfi Home Loans, LLC Wholesale. All Rights Reserved. Developed by TinyFrog Technologies.

This website uses cookies to improve your experience. Accept All Reject All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT

 

Choice for Condos

View Download

Choice vs. HECM

View Download

Mythbusters

View Download

Real Reverse Possibilities

View Download

Reverse for Condos

View Download

Using a HECM to Purchase

View Download

Why Reverse?

View Download

Download All Flyers

Fillable Print Guide

Please Read – Overview & Instructions

View Reverse Mortgage Guide

Download Reverse Mortgage Guide

Presentations

Download Introduction to Reverse

Why Reverse Postcard

View Postcard

Download with Crop Marks

Download without Crop Marks

Fillable & Interactive Digital Guide

Please Read – Overview & Instructions

View Reverse Mortgage Guide

Download Reverse Mortgage Guide

"*" indicates required fields

Marketing Request

Hidden
What is your request?
Select all that apply.
Hidden
What kind of information would you like to see?
Select all that apply.
Consent*
This field is for validation purposes and should be left unchanged.
Social Media Content

Social Content Overview

Download Social Media Content

Job Aids

BORROWER ASSET TYPES

EXTENUATING CIRCUMSTANCES

INCOME JOB AID

"*" indicates required fields

Find out how a partnership with Smartfi can benefit your business and clientele.

Name*
Hidden
Hidden
Hidden
Consent*
This field is for validation purposes and should be left unchanged.
Notices

PARTNER NOTICE 2022-01

Training Center

QUANTUM REVERSE

How to Create Loans and Edit Details

How to Pull a Quote

How to Add a Service Provider & Pull Credit

How to Prepare an Application & Send it to a Borrower

"*" indicates required fields

Get More Info on Calculations

Name*
Consent*
This field is for validation purposes and should be left unchanged.