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

Bob Urbanovitch was more than helpful

Bob Urbanovitch was more than helpful. He assured me with every step I took. His attitude was exemplary. He stated; there are no questions he would not answer about reverse mortgage. The man sold me.

4 July 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Larry, we are so happy to hear about your experience with us. It was a pleasure working with you!

Rated 5 out of 5 stars

Outstanding

Outstanding! It was a very pleasant experience having Vishal Gulati as our Mortgage Agent with Bloom Finance. He is knowledgeable, patient, and quite reliable. Unlike our prior experience with Broker/Mortgagor, there were no surprises, no hidden fees, no unexpected surcharges, no inconsistencies, …. We are very comfortable in recommending Vishal & Bloom

9 June 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

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

Rated 5 out of 5 stars

My experience with Bloom Finance was excellent!

My experience with Bloom Finance was excellent. Richard Kaufman was incredibly responsive and very knowledgeable. I had spent 3 months researching 4 companies offering a reverse mortgage solution - Bloom came out on top in all categories. I highly recommend Bloom and Richard.

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

It was a pleasure working with you, Jonathan. We are glad to hear about your experience with us!

Rated 4 out of 5 stars

Good end result

Vishal at Bloom made sure the job got done. Prompt responses to questions. Made sure all details were taken care of.

29 April 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

It was a pleasure working with you, Carmen.

Rated 5 out of 5 stars

Highly Recommend

We had an excellent experience with Bloom and Nancy, our worker. We first met Nancy on the phone on March 3, 2022. Our reverse mortgage was complete on March 30, 2022.
Nancy answered every question, and kept in contact with our mortgage advisor. She communicated with both my husband and I. We found the reverse mortgage perfect for us. We were able to free up our debts with the mortgage, and make our financial life easier.

16 April 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

Thanks for such a thoughtful review, Dianne. We are glad to hear about your experience with us.

Rated 5 out of 5 stars

Reverse mortgage

We are very pleased with our reverse mortgage - Home Equity Release Mortgage. Our representative Richard Kaufman was very competent, knowledgeable, professional and it was a real pleasure to work with him. We had a complex financial situation and he guided us through it with his knowledge and expertise. We would recommend Bloom Financial to any seniors who are seeking financial stability in the latter part of their lives. Thank you Richard.

Diane and Richard

10 March 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

It was a pleasure working with you. We appreciate the kind feedback!

Rated 5 out of 5 stars

Supportive professional service

Supportive professional service. Vishal Gulati has unlimited patience and a professional attitude giving the client trust and confidence. I wouldn't hesitate recommending Bloom Finance.

4 March 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

Nora, you were a pleasure to work with. We are glad to hear that you were satisfied with our service.

Rated 4 out of 5 stars

My experience with Bloom has been quite…

My experience with Bloom has been quite positive so far. They are on point. My Rep Richard has been very helpful and upfront and honest, very informative and friendly from the start. He took the time to patiently answer all my questions and at no time being pushy. This giving me the chance to make an informed decision that this was the right product for me. Great job Richard.

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

We are glad to hear about your positive experience with us. Your feedback is much appreciated!

Rated 5 out of 5 stars

Reversing a Mortgage

It took a while to get everything together, but Bloom worked hard to get it all done. They were never pushy and always gave me good advice. If you are thinking about a reverse mortgage you should speak with Bloom.

3 February 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you for the kind review, Susan. We really appreciate you taking the time out to share your experience with us.

Rated 5 out of 5 stars

Best Company for Reverse Mortgage

After stumbling upon Bloom in an ad on my phone, a quick phone call and the representative was courteous and knowledgeable and in amount offered on my property and their fees out did those of Home Equity.
It was a no brainer to continue with Bloom and within days the appraisal was done and paper work undertaken.
Papers arrived at my lawyers, i signed and a closing date was set and on that date my money was in my bank acct.
A special thankyou to my agent Vishal for his work and calling me almost everyday at the end to keep me abreast of the progress.
Great company and great people
No hesitation to highly recommend Bloom if you're looking for a reverse mortgage

2 February 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you for such a thoughtful review, Phil. You were a pleasure to work with.

Rated 5 out of 5 stars

My experience with Bloom Finance was a Pleasant Surprise !

My experience with Bloom Finance and my representative (Richard) was nothing less than amazing. From my initial visit to Bloom's website including my initial contact with Richard, as well as all subsequent contacts, I was positively impressed with the company's professionalism, thoroughness and just the overall excellent level of communication throughout the entire process in securing a reverse equity mortgage with Bloom. As long as you meet the very simple criteria indicated on Bloom's website with respect to age and home equity, Bloom will help you secure a reverse mortgage on your home. What I found pleasantly surprising was the speed of the entire funding process from start to finish. This was such a refreshing and positive experience compared to dealing with the traditional 6 big banks. Way to go Bloom you have raised the bar when it comes to both your product as well as the level of customer service and support that you provide to your customers !!!

18 January 2022
Unprompted review
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Reply from Bloom Finance Company Ltd.

Casey, thank you so much for sharing your experience with us. We are pleased to know that we hit the mark for you.

Rated 5 out of 5 stars

A great company and a great employee

Our experience with Bloom, especially Vishal, has been nothing short of outstanding!
The way that Vishal has kept us informed in such a timely manner has, from start to finish, definitely eliminated the anxiety associated with securing our reverse mortgage. We can only wish that more companies, of any kind, would have someone as dedicated and pleasant to work with as Vishal. A job well done and greatly appreciated.

14 January 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Darrell, thank you so much for such a great review. We strive to make the process as simple and seamless as possible.

Rated 5 out of 5 stars

My experience with Bloom finance was…

My experience with Bloom finance was great Richard was vary polite and professional I had to do a little foot work but all in all things got done I’m looking forward to further business with Richard I recommend Bloom for you reverse mortgage.
Thank you.

13 January 2022
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

It was great to work with you, Russ! We'll be sure to pass the message along to Richard.

Rated 5 out of 5 stars

Excellent!

Excellent results!

21 December 2021
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

George, it was a pleasure working with you!

Rated 5 out of 5 stars

I had a great experience with Bloom…

I had a great experience with Bloom getting a reverse mortgage on my home. Richard Kaufman was very helpful, responsive and understanding. It took a little longer than I hoped, but we got it done. Thanks, Richard!

20 December 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Steve, thank you for the great review. It was a pleasure working with you!

Rated 5 out of 5 stars

I highly recommend Bloom Finance Co

I highly recommend Bloom Finance Co. It was a good experience from the beginning to the end. Very personable people to deal with especially Sarah.
Thank you for all the help you gave me.

17 December 2021
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Dianne, thanks for the great review. We are happy to hear that we hit the mark for you.

Rated 5 out of 5 stars

Excellent Service

I highly recommend Bloom Finance Company Ltd.
Very personal, non judge mental of our situation and very quick courteous services for our needs.

14 December 2021
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you for the kind review, Cynthia. We really appreciate you taking the time out to share your experience with us.

Rated 5 out of 5 stars

Stumbled upon them while searching for…

Stumbled upon them while searching for reverse mortgage info and very helpful with the process, Richard K is great and patient with guiding us with this process, thanks Richard

2 December 2021
Unprompted review
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Reply from Bloom Finance Company Ltd.

Alex, so nice to hear that you had a positive experience with Bloom. You were a pleasure to work with!

Rated 5 out of 5 stars

Vishal was very professional and…

Vishal was very professional and attended to our needs very quickly, and we are satisfied with the work they have done for my wife and I..

29 November 2021
Unprompted review
Bloom Finance Company Ltd. logo

Reply from Bloom Finance Company Ltd.

Thank you for your kind review David! It was a pleasure working with you.

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