SimplyReverse.com is headquartered at 959 S Coast Dr, Costa Mesa, CA 92626. Simplyreverse.com is a DBA under G.W. Golden Enterprises, Inc., a California Mortgage Broker with BRE License Number 01990448 and NMLS endorsement #1425546. G.W. Golden Enterprises, Inc. is also licensed with the Department of Business Oversight with DBO NMLS endorsement #1425546. SimplyReverse.com is an equal housing lender. In order to qualify for a Reverse Mortgage the homeowner must be 62 years of age or older and have sufficient equity in the home. Qualifications must be met based on a Financial Assessment created by HUD. You must live in the mortgaged home as your primary residence. All HECM Reverse Mortgage Loans require third party government counseling prior to obtaining a Reverse Mortgage.
SimplyReverse.com is not a Government Agency and is not affiliated with HUD or the FHA. Only qualified applicants will be eligible for a free appraisal. You will always be required to pay property taxes and homeowner’s insurance as well as to continue to maintain the upkeep of your home. Reverse Mortgages are first and second mortgage loans. A Reverse Mortgage can increase the principal mortgage loan amount and decrease home equity (It is a negative amortization loan program). SimplyReverse.com may forward your contact information to other lenders for your consideration of reverse mortgage loan programs that they offer.
Terms of Use/Service
By accessing or using SimplyReverse.com in any way you are agreeing to comply with these terms of use, including any documents, policies and guidelines indicated herein or incorporated by reference.
Privacy Policy
By visiting SimplyReverse.com, you are complying with the privacy policy and legal disclosures described herein. SimplyReverse.com is owned and operated by GW Golden Enterprises, Inc. We are committed to respecting your privacy and value your trust. This privacy policy tells you what information we collect, how we use it and how we protect it. Information you provide about yourself and/or your property is used for the sole purpose of fulfilling your requests for information, which may include providing you with a personalized reverse mortgage analysis.
Information We Collect
We collect information volunteered by the web site visitor, such as web site registrations and/or survey information, name and address, telephone number and property information. All information collected is stored in a secure database, accessible only by authorized members of SimplyReverse.com.
Use of Information We Collect
We collect, retain and use only the personal information that is absolutely necessary to provide you with a personalized reverse mortgage analysis. From time to time, a representative of SimplyReverse.com may contact you to request feedback regarding your personal experience using the web site to assist in making improvements.
Free Appraisal Advertisement on Television, Radio, etc.
A FREE APPRAISAL may be given to those homeowners who have contacted us at SimplyReverse.com and have then gone through our in home Reverse Mortgage presentation and interview by one of our Qualified Reverse Mortgage Specialists and completed a mandatory government counseling session. You must be Pre-Qualified as an acceptable candidate in order to be able to obtain a Reverse Mortgage by one of the lenders that we work with before you are entitled to a free appraisal. We will pay for an appraisal by a licensed home appraiser for the sole and exclusive use of SimplyReverse.com (a $450 Value). Should the homeowner choose to use our appraisal for any company other than SimplyReverse.com, the homeowner will be required to PAY FOR THE APPRAISAL. SimplyReverse.com does not in any way guarantee a FREE APPRAISAL to any homeowner interested in using the SimplyReverse.com program or who contacts SimplyReverse.com via email or phone without the afore mentioned protocol.
Email Usage
SimplyReverse.com does not send bulk email messages or “spam”. We only communicate with our current clients, current vendors, current business partners, insurance carriers or other parties that have an interest in becoming clients or business partners. We may, on occasion, send all of our clients a targeted group email when special offers, price changes, software updates or important issues are available and/or arise. If you believe you have received an email in error from us or have received a suspicious email that appears to be fraudulent, please contact us so that we can investigate the matter.
All email messages received from our clients and business partners are kept completely confidential and are never shared with parties beyond SimplyReverse.com and GW Golden Enterprises, Inc. or their partners without your express permission unless required by law enforcement.
Disclosure of Information
We may disclose personal information we collect on this web site to others that provide services to you. Disclosure of personal information to these service providers is done to better serve you.
We may disclose identifying information collected on this web site, such as names, addresses, and phone numbers with the SimplyReverse.com and GW Golden Enterprises, Inc. family of companies to fulfill your requests or offer other products and services we think may be of interest to you. We may make additional disclosures of information as permitted or required by law. For example, we may disclose information to law enforcement agencies or state insurance and other authorities if legally obligated to do so.
If you choose to complete an online form, such as the calculator, Contact Us or other Information Request page, one of our SimplyReverse.com and GW Golden Enterprises, Inc. mortgage advisors may contact you or we may share your information with a third party reverse mortgage originator whom we believe can provide you with the information you have requested regarding your reverse mortgage needs. Once your information has been shared, the third party privacy policies, where applicable, will govern the use and disclosure of your information. If you do not want your information to be shared, please do not complete an online form on this web site.
Changes in Terms
SimplyReverse.com and GW Golden Enterprises, Inc. may change or modify the terms of use from time to time without notice other than posting the said amended terms on the web site. The amended terms will automatically be effective when posted on our web site. Your continued use of our web site after any changes in these terms have taken effect shall constitute your consent to such changes. SimplyReverse.com and GW Golden Enterprises, Inc. reserve the right to change, modify or discontinue, temporarily or permanently, the web site (or any portion thereof), including any and all content contained on the web site, at any time without notice. You agree that SimplyReverse.com and GW Golden Enterprises, Inc. shall not be liable to you or to any third party for any modification, suspension or discontinuance of the web site or any portion thereof.
Intellectual Property
Trademarks (including, but not limited to, SimplyReverse.com and GW Golden Enterprises, Inc. logo) that are used or displayed on the web sites are owned by SimplyReverse.com and GW Golden Enterprises, Inc. or by third parties other than SimplyReverse.com and GW Golden Enterprises, Inc. that offer and provide products and services on or through the web site. The trademark(s) of SimplyReverse.com and GW Golden Enterprises, Inc. may not be copied or used, in whole, partial or modified form, without the prior written permission of SimplyReverse.com and GW Golden Enterprises, Inc. or, if applicable, their licensor(s). Other trademarks, service marks, registered trademarks, product, service and company names or logos that appear on the web site are the property of their respective owners, who may or may not be affiliated with, connected to or sponsored by SimplyReverse.com and GW Golden Enterprises, Inc.