Reverse mortgage lender Live Well Financial laying off 103 workers

The company has also filed paperwork with employment officials in the state of Virginia, detailing that more than 100 workers have been laid off as of May 3. The notice now on Live Well’s front website page reads, "Due to unexpected circumstances, as of May 3, 2019, Live Well Financial, Inc. will cease to originate mortgage loans."

Once you have paid off your LA home, or have most of it paid off, a reverse mortgage lets you take advantage of all of that hard work. Instead of having to sell your home to unlock the money in it, with a reverse mortgage you keep your home and can still get access to a good portion of the equity in it.

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Original review: July 29, 2018. My brother and sister-in-law did a reverse mortgage with Live Well Financial and had such good experience. We were looking into different reverse mortgages and some.

Live Well Financial is a seasoned veteran in the mortgage industry. Startedin 2005, Live Well Financial has extended its footprint across the country from its corporate headquarters in Richmond, VA to its offices in San Diego, CA.

Chesterfield-based Live Well Financial permanently shutting. – Live Well Financial Inc., the once fast-growing mortgage lender and servicer, is ceasing operations because of what it calls "sudden and unexpected developments." The Chesterfield County-based.

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LIVE WELL FINANCIAL, INC. – Social Media. The availability of mortgages is subject to eligibility requirements and restrictions of federal and state laws and regulations. Live Well Financial, Inc. is licensed pursuant to the Nationwide Mortgage Licensing System & Registry (NMLS) and conducts business under NMLS ID 1177.

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Reverse mortgage lender Live Well Financial laying off 103 workers Live Well Financial, a reverse and traditional mortgage lender that abruptly stopped originating on May 3, will lay off 103 employees, according to a Virginia Employment Commission filing. Layoffs.

Virginia-based Live Well Financial announced Friday that it was ceasing originations "due to unexpected circumstances." The forward and reverse mortgage lender and servicer also filed a notice with the Virginia Employment Commission informing the state of its closing and subsequent layoff of 103 employees in Richmond, Virginia.