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

Sarah Andrews - Delivers Results!

Sarah Andrews gets it done! As a Mortgage Broker with over 30 years experience I was very impressed with her ability to move fast, get involved, provide updates and to always ensure the customer experience was positive. I will definitely recommend Sarah and Bloom to my network.

23 November 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thanks for the note Todd and thanks for entrusting Bloom with your client's reverse mortgage. Glad we could work together to create a successful outcome for your client!

Rated 5 out of 5 stars

Excellent company

I had been researching reverse mortgage options and was contacted by Vishal Gulati from Bloom. I had many questions about doing a reverse mortgage and Vishal was very understanding and took the time to answer everything and made me feel confident in doing a reverse mortgage.
The process was actually quite simple for me as Vishal practically took care of everything and explained all the steps as we progressed. It was not a long drawn out process and I always had confirmation of everything that was done.
I would recommend Vishal and Bloom Finance to anyone looking to do a reverse mortgage.

17 November 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Gerry, so nice to hear that you had a positive experience with Bloom. We aim to make this process seamless, and we’re very happy to hear we met your expectations here. You were a pleasure to work with!

Rated 5 out of 5 stars

Reverse Mortgage through Bloom Financial

Overall I would rate my experience with Bloom Financial as being highly satisfactory for purposes of securing a reverse mortgage on my residence and I would not hesitate to recommend this company to others! I found my broker, Sarah Andrews, to be very professional, helpful and forthcoming in answering any questions or concerns that were expressed to her. Her friendly personable demeanor and due diligence in following up with timely updates, information and feedback made for an overall pleasant experience which was most appreciated! I was also impressed with the ease and speed with which the whole process was able to be concluded!

15 November 2021
Unprompted review
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Reply from Bloom Finance Company Ltd.

Thank you for your kind review Gary! It was a pleasure to work with you and we’re glad to hear you’re satisfied with the ease and speed of the process – that’s what we aim for! All the best to you.

Rated 5 out of 5 stars

Reverse mortgage - Very satisfied

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 explained by Vishal in a no rush informative manner. He is a good listener, non interrupting and clearly wanting to ease all the concerns that I had. He followed up quickly with the documentation including timelines that were always met.
Very pleased that he managed my account on behalf of Bloom. Thank you Vishal!

8 November 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thanks so much for your kind words Bruce. We’ll be sure to pass the message along to Vishal. It was great to work with you and we’re very happy to hear you’re satisfied with your experience with Bloom!

Rated 5 out of 5 stars

Great People, Great Product.

Sarah was absolutely excellent to work with. I am a mortgage agent and this was my first time using Bloom's services for a client. Sarah was warm and personable, and provided first-class service and guidance. She was great at communicating and responding to my many messages and keeping me in the loop every step of the way. Bloom also offered the best available interest rate for this type of mortgage product.
I will definitely be returning to Bloom for my clients' needs in future.
Thanks Sarah!

3 November 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Lori, thanks so much for your review. We enjoyed working with you and look forward to future collaborations!

Rated 5 out of 5 stars

My experience

My first interaction with Bloom was with their Ms. Sarah Andrews,who introduced me to the Company and walked me through the process of obtaining a Reverse Mortgage.

Kudos to the Sarah and her team. They did a fantastic job. I was involved with my client every step of the way (as I wanted it) and updates were provided on a regular and timely basis.

I found Sarah was direct and to the point, provided explanation when needed, answered all of my questions very professionally and promptly.

I am happy to recommend Bloom Finance Company and their team for any Reverse Mortgage requirements.

30 October 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

It was great to work with you Anil! Glad we could work together to find a great solution for your client. Looking forward to a long partnership!

Rated 5 out of 5 stars

I have just used Bloom Finance Company…

I have just used Bloom Finance Company for one of my Client's Reverse Mortgage who was looking to give money to their children for a down payment on a home. As a Mortgage Agent, I always want my clients handled with the same professionalism and efficiency as I provide . Bloom exceeded my expectations. They made the client experience seamless and keep me abreast of all the milestones that were met. I am very pleased with the service to both myself as a agent and my client.

11 August 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Nicholas, thank you so much for entrusting us with your client. We appreciate your feedback! At Bloom, we always endeavor to make a client's experience a seamless process. We look forward to continuing to work with your clients in the future!

Rated 5 out of 5 stars

Reverse Mortgage

Recently, I reached out to Sarah at Bloom Finance about a reverse mortgage for my parents. She showed us how it works and reassured my parents that they would still own their home. They could also use the funds for whatever they wanted.
Today, my parents have piece of mind that they have the options to help them in their retirement while staying in their home.
Thank you, Sarah, you are true professional and a pleasure to work with.

30 July 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Sandra, thanks for your kind words! We are so glad that your experience with Bloom has been a positive one for you and your parents. We will be sure to pass on your kind words to Sarah. Please reach out any time if we can be of further help!

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