What a Way to Start the Day! One Reverse Mortgage Surprises Senior with $10,000 Check

DETROIT, June 5, 2013 /PRNewswire/ -- The day started out like any other for Pamela Esenwine from Gilford, New Hampshire, except for a telephone call from One Reverse Mortgage LLC letting her know that she was the Grand Prize Winner of its Boost Your Retirement Giveaway sweepstakes.

"What a shock! I didn't believe it was real at first. I thought someone was playing a trick on me," Esenwine said. "Someone from One Reverse Mortgage was on the other end of the telephone telling me that I was the $10,000 Grand Prize winner. How absolutely exciting!"

One Reverse Mortgage, the nation's largest reverse-only provider of reverse mortgage home loans, today announced the winners of its national sweepstakes called the $20,000 Boost Your Retirement Giveaway. One Reverse Mortgage is the only reverse mortgage company in the nation to conduct a sweepstakes.

"Response to the Boost Your Retirement Giveaway was tremendous with close to 120,000 entries from across the country," said Richard Mandell, Chief Executive Officer of One Reverse Mortgage. "There is no greater satisfaction than knowing we can help the winners enjoy the retirement they dreamed of or help them get some relief from financial burdens."

In addition to Esenwine, the runners up in the contest were:

• Brindel Rothspan of Huntington Beach, California: Winner of $5,000

Used to winning prizes at local fairs for her environmentally-friendly purses knit out recycled newspaper strings, Brindel Rothspan didn't really expect to win this sweepstakes.

"I keep busy all the time so I didn't really give it a second thought once I was entered into the contest," she said. "I was so excited to get the call from One Reverse Mortgage. The winnings will help me pay for some recent home remodeling and other bills."

• Anne Hoffman of Gastonia, North Carolina: Winner of $5,000

Anne Hoffman was caught completely off guard when One Reverse Mortgage called with the news that she had just won $5,000.

"I was astonished and simply in disbelief! This is a true blessing, this money will help me pay off medical bills for my mother so I can stop worrying so much," Hoffman said. "Thank you to One Reverse Mortgage for giving me a sense of relief from the stress of these bills."

The $20,000 Boost Your Retirement Giveaway ran from January 1 to March 31, 2013 and was open to US citizens age 62 and older. It offered cash prizes to three winners in the amounts of $10,000 for the grand prize and two runner-up prizes of $5,000 each. There was no purchase necessary and entrants were able to enter once daily during the giveaway time period. 

About One Reverse Mortgage LLC:
Founded in 2001 and operating in 48 states, One Reverse Mortgage LLC is the largest retail reverse mortgage lender in the country. The company's specialized products allow homeowners, 62 years and older, the opportunity to convert some of the equity in their homes into tax-free money. In addition to this benefit, the homeowner is not required to make any monthly mortgage payments as long as they continue to live in their home. When the homeowner moves, sells the home or becomes deceased, the home is sold and the principal and interest owed on the loan is repaid from the sale proceeds. One Reverse Mortgage licensed professionals are experienced and trained to work with seniors. The company has helped thousands of people live a better retirement with the help of a reverse mortgage. One Reverse Mortgage is a Quicken Loans company, which means we have a combined 33 years of mortgage experience.  For more information visit: www.onereversemortgage.com.

About Quicken Loans:
Detroit-based Quicken Loans Inc. is the nation's largest online home lender and the country's third largest retail home mortgage lender. The company closed a record $70 billion of volume across all 50 states in 2012. Quicken Loans generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked #1 in customer satisfaction among all home mortgage lenders in the United States by J.D. Power and Associates in 2010, 2011 and 2012.

Quicken Loans also ranked among the top-30 companies on FORTUNE Magazine's annual "100 Best Companies to Work For" list for the last 10 consecutive years. It ranked in the top-15 of Computerworld magazine's "100 Best Places to Work In Technology" for the past eight years, ranking in the top-5 in 2012. The company moved its headquarters to downtown Detroit in 2010. Today, 8,000 of the company's 10,000 team members call Detroit home. For more information about Quicken Loans, please visit www.quickenloans.com, on Twitter at @QLnews, and on Facebook at facebook.com/QuickenLoans.

SOURCE One Reverse Mortgage LLC