I would not use this institution never again and neither I would recommend anybody else use them. I was trying to get a Reverse Montage on a purchasing condominium. After I found a right condo for me and sent the Liberty all information about the Condo, they said it was FHA approved and wanted me to go ahead and made an offer. I did that and I was accepted. Then I sent the Liberty the copy of my purchase contract along with all information about this condominium, including HOA’s dues and other important information. One of the main Reverse Mortgage requirement - of course is the owner’s income to be enough to cover the HOA’s due and Property Tax combined. Liberty had this information right at the beginning or easily was accessible and they could’ve known very easily if I would’ve been qualified or not. But instead, I spent more than a month with them to process this loan. I provided them with all kind paper, letter, and document. Spent hours and hours on telephone conversation with them to discuss various matters. Not to mention that I went to a counselling session which is part of the reverse mortgage requirements. During the process, they always convinced me that I had no problem to get approved. Per my purchase contract I had so many days to remove my loan contingency. Before even I officially remove my loan contingency, I contacted the Liberty office and confirmed with hem whether there was any issue with my loan acceptance. They said no and everything looks good. Now I am in two days prior to closing the Escrow and getting ready to go to sign closing documents, Liberty Home Equity Solution informed me that my income was $100 short monthly to cover HOA’s due and Property tax combined. Obviously, I went nuts and insane when I heard that and asked them, why you didn’t say this right at the beginning, since you knew how much my income was and how much my condo’s property tax was, but Instead you asked me to submit all kind insignificant and not essential documents. You must’ve first made sure I fulfill this very important requirement, before I go ahead and remove the loan contingency and now, I am in danger of losing my $15 K earnest deposit!

Great company! They took very good care of me and my family, and I am very happy that I chose them. Would recommend to everyone