Bloom Finance Company Ltd. Reviews 

112
•
TrustScore 4.5 out of 5

4.4

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Rated 5 out of 5 stars

Adam went above and beyond for us. Trying to Buy a truck again after selling our last truck 12 years ago was a near impossible task because the finance people looked at it as a new venture. After tryi... See more

Rated 5 out of 5 stars

The reverse mortgage was the ideal solution for us. It provides lifetime financial security while allowing us to live out our days in the house that we love. We were thoroughly impressed by the... See more

Company replied

Rated 4 out of 5 stars

As someone who has difficulty reading and understanding legal documents I experienced a lot of anxiety in this process. Especially when the implication that my wife must cope with the possibility of... See more

Rated 5 out of 5 stars

Just recently retired and was looking to free up monthly expenses with a reverse mortgage. Reached out to Bloom and was contacted promptly by their Vishal Gulati. All my questions and concerns were e... See more

Company replied

Company details

  1. Mortgage Lender
  2. also in
  3. Financial Institution
  4. Mortgage broker

Written by the company

Bloom offers Reverse Mortgage / Home Equity Release solutions for 55+ Canadians. Bloom was founded in 2019, with the belief that 55+ Canadians could increasingly flourish in retirement if they looked to the wealth in their homes as part of their overall retirement strategy. We believe that unlocking home equity can and should be a simpler, friendlier process, and that Canadians will increasingly view home equity release as a mainstream solution to support retirement. Our mission is to help 55+ homeowners find financial flexibility in what should be the springtime of their lives. We use technology and customer-centric innovation to offer a simple, seamless way for 55+ Canadians to access their home equity.


Contact info

4.4

Excellent

TrustScore 4.5 out of 5

112 reviews

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4.4

All reviews

(112)

4 reviews in the last 12 months

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Rated 5 out of 5 stars

Reverse mortgage

Bob in BC was great to work with. The entire process took less than 3 weeks and the team walked me through the whole process. I would recommend Bloom to anyone interested in a reverse mortgage.

Regards H

14 March 2023
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Hans, we appreciate your thoughtful review and are delighted to hear about your positive experience with us.

Rated 5 out of 5 stars

Bob was great even with a couple of…

Bob was great even with a couple of problems that were beyond anyone's control every thing was completed and funded within a couple of weeks would highly recomend them

9 March 2023
Unprompted review
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Reply from Bloom Finance Company Ltd.

It was a pleasure working with you, Dave. Thanks for sharing your experience with us.

Rated 5 out of 5 stars

Excellent Reverse Mortgage Experience

Thank you Bloom Finance and Team for an amazing experience for my client. Everything was handled so professionally and Reverse Mortgage application was completed in less than 2 weeks. Highly recommend Bloom Finance to Seniors for maximum equity take out in lowest interest rate and take care of your financial needs.

1 March 2023
Unprompted review
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Reply from Bloom Finance Company Ltd.

We are glad to hear about your experience with us. Looking forward to future collaboration!

Rated 5 out of 5 stars

My reverse mortgage business blooms with Bloom!

I had closed my first reverse mortgage file with Bloom Finance Company Ltd. in December, and I was asked to provide a review, but I held off on providing that review as I was not sure if that first file experience was an anomaly... The process went so smoothly from start to finish; the interest rate and terms were favourable to the client, and, the file closed on time! That particular client was also very difficult to work with, which made everyone's job that more challenging.
I just closed another reverse mortgage file with Bloom and once again, the experience was fantastic! The commitments are presented in terms that are easy to explain to senior homeowners, and the option to use a title closing company and one's own lawyer for the ILA portion also made it a seamless process. I have no hesitation in recommending Bloom to my clients and colleagues for their reverse mortgage needs!

31 January 2023
Unprompted review
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Reply from Bloom Finance Company Ltd.

Thanks for such a thoughtful review, Margo. It is great working with you! Looking forward to future collaboration.

Rated 5 out of 5 stars

Seamless and professional

Bob is fantastic and is good with the clients. The process is seamless and Bob did most of the work. I would highly recommend Bob and Bloom.

3 February 2023
Unprompted review
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Reply from Bloom Finance Company Ltd.

It is a pleasure to hear of the positive experience you and your client had with us. We look forward to collaborating in the future.

Rated 5 out of 5 stars

The ease of process

The ease of process. Very straight forward and simple in format. My underwriter Bob Urbanovitch was great to deal with. I was able to speak with him directly on most occasions as he answered the phone and if I left a message it was returned promptly. Bob was very personable, easy to speak with, very knowledgeable and a good resource for feedback and opinion. From start to finance we funded promptly.
Oriana Financial recently held their annual sales conference and I proudly spoke of my experience with Bloom Financial. More business to come.

22 December 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

You were a pleasure to work with, Bob! Looking forward to our continued partnership.

Rated 5 out of 5 stars

Great experience

Great experience - special shoutout to Nancy, Kevin & Bob - Very knowledgeable, efficient & friendly :)

Highly Recommend!

19 December 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

Thanks for the thoughtful review. It was a pleasure working with you!

Rated 4 out of 5 stars

Your Reps/Underwriting Team getting…

Your Reps/Underwriting Team getting back to me in a timely manner with satisfactory answers to address any issue so as to assist/support successful closing. A win for everyone.

30 November 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

It was great working with you, Dalston!

Rated 5 out of 5 stars

So Easy

1. Nancy is my favourite she is what originally made me fall in love with Bloom
2. Vishal, is amazing

- Everyone at Bloom is very understanding, client focused, straight to the point, friendly, and all working toward the same goal

17 October 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Tyler, you are a pleasure to work with. We appreciate the thoughtful review. We look forward to our continued partnership.

Rated 5 out of 5 stars

Great experience start to finish

I am a mortgage agent and I just completed a reverse mortgage for my client. Bloom was amazing to deal with the whole way through. They were transparent with fees and the details of the mortgage, and their customer service was great. They were also ready to close ahead of schedule. I look forward to working with them again!

1 November 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

We are glad to hear about the experience you and your client had with us. Looking forward to future collaboration.

Rated 5 out of 5 stars

Great service & team

I have been working with Bloom for a while now and am very impressed with the service I get from Nancy and her team there. As a broker, nothing is more important to me than client experience and how my clients are treated and I have received great feedback from my clients about Bloom.

2 November 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

It is always a pleasure working with you, Mich. Thanks for the kind words.

Rated 5 out of 5 stars

Very happy with our experience

Very happy with our experience. Would highly recommend to others!

3 September 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thanks for the review. We are glad to hear about your experience with us, Al.

Rated 5 out of 5 stars

I would like to Thank Bloom Finance for…

I would like to Thank Bloom Finance for helping with my reverse mortgage. I highly recommend them without any hesitation ! Vishal was amazing in every way, very knowledgeable, quick to respond and patient. Always there to answer any questions or concerns I had. I have not experienced this outstanding service in a very long time. Thank You !!

22 August 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

Cathy, it was great working with you. We are glad to hear about your experience with us.

Rated 5 out of 5 stars

I am very impressed with the service i received!

I am very impressed with the service i received and the result of the reverse mortgage process. I had compared other my options with other companies and Bloom was the logical choice.

Sonia was excellent in her pleasant and professional manner, ease of providing accurate information and response time.

Overall, I was very satisfied.

16 August 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

It was a pleasure working with you, Johnny. Thanks for the thoughtful review.

Rated 5 out of 5 stars

Quick easy and Professional service

Quick easy and Professional service. My Representative Bob was very accessible and made the process a good experience overall, answering all my questions and addressing any concerns.

15 August 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thanks for the kind words. We are glad to hear about your experience with us!

Rated 5 out of 5 stars

It was a pleasure working with Richard…

It was a pleasure working with Richard Kaufman and his team a Bloom... I had a tight deadline and they worked hard to arrange my mortgage in a very reasonable time frame. I would highly recommend working with Bloom.

30 July 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thanks for the thoughtful review, James. It was a pleasure to work with you as well.

Rated 5 out of 5 stars

Thanks to Bob Urbanovitch and Vishal…

Thanks to Bob Urbanovitch and Vishal Gulati for helping get my reverse mortgage. I am looking to retire and now I can do it sooner than later. I would recommend Bloom to anyone who asks.

Cathleen

21 July 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

It was a pleasure working with you, Cathleen.

Rated 5 out of 5 stars

My experience with Bloom Finance and their agent Mr Vishall Gulati

My experience with Bloom Finance and Mr Vishal Gulati,their mortgage agent, was very positive. Mr. Gulati expertly guided me through the pre-approval process, introducing me to different aspects of reverse mortgages and answering in detail all my questions related to that matter. With that, he removed all my dilemmas and reservations and strongly influenced me to submit a mortgage application. The approval process was transparent and fast, so the mortgage was approved and cash was paid in a very short time, without any hidden costs or any other surprises.
I highly recommend Bloom Finance and their mortgage agent Mr Vishal Gulati

5 July 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thanks for taking the time to provide such a thoughtful review, Zlatko. It was great to work with you!

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