About Five Star Reverse Funding

FIVE STAR REVERSE FUNDING is a New York State Corporation whose address is 1376 Locust Avenue Bohemia NY We are listed without complaint in the BBB, Licensed and Bonded. We originate and fully process loans in house acting as a Registered Mortgage Broker with The NYS Dept. of Financial Services, all loans arranged through third party providers. The company NMLS # is 32828 and Mr. Arceri’s # is MLO 7071.

Russell Joseph Arceri is the President/CEO and oversees personally 100% of operations. Russell started his career in financial services in January of 1977, concentrating his work on residential financing in 1998 with 100% of his work on Reverse Mortgages (HECM) since 2009. In that time Russell has personally originated over 800 mortgage applications visiting each client in home and personally attending each closing. After seeing the need for his 89 year old mother to avoid a nursing home he set out to learn the reverse mortgage product and has become an expert in the field.

Being a student at heart Russell stays focused on changes in the laws and requirements needed. In addition to the Better Business Bureau Russell is also a member of the NYAMB, NAMB and the Ronkonkoma Chamber of Commerce.

Call Russell to learn more and schedule a free consultation 631 589-7827. A Reverse Mortgage Might Make your life easier!