After 100 days working with a large reverse mortgage lender in another state, these clients were fed up with the red tape and hubbub. Watch the video to see how one phone call with Northwest Reverse Mortgage changed everything for them.
Jeff Foody, MLO253303 Owner of Northwest Reverse Mortgage explains how a reverse mortgage can help homeowners aged 60+ stretch their retirement savings and how to decide when the optimal time is for accessing your homes' equity as a financial security net.When you're looking for a knowledgeable, friendly team to guide you through the reverse mortgage process, Northwest Reverse Mortgage (NMLS 183-4787) is the team you'll love!
Jeff Foody, MLO253303 Owner of Northwest Reverse Mortgage explains how a reverse mortgage can help homeowners aged 60+ stretch their retirement savings and how to decide when the optimal time is for accessing your homes' equity as a financial security net.When you're looking for a knowledgeable, friendly team to guide you through the reverse mortgage process, Northwest Reverse Mortgage (NMLS 183-4787) is the team you'll love!
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When you're looking for a knowledgeable, friendly team to guide you through the reverse mortgage process, Northwest Reverse Mortgage (NMLS 183-4787) is the team you'll love! We are passionate about assisting our clients! Our dedication to high-quality customer service and personalized, efficient reverse mortgage solutions is at the heart of everything that we do.
This free assessment from Northwest Reverse Mortgage is meant to be a starting point in your research. A reverse mortgage is a very big step and is often the last loan people get; we take our job as your local reverse mortgage expert very seriously. We've created this free assessment to help take the guesswork out of the reverse mortgage process.
Home Equity Conversion Mortgage (HECM) for Purchase (H4P) is a reverse mortgage that allows seniors aged 62 or older, to buy a new principal home using loan proceeds from a reverse mortgage. The HECM for Purchase Program provides the opportunity to purchase a new principal residence with HECM loan proceeds in a single transaction.
Proprietary reverse mortgages are loan programs offered by specific lenders and they are not FHA-insured. They are not bound by county lending limits or standard FHA requirements but do have their own set of qualifications that differ from the FHA-insured HECM program. As a non-recourse loan with no required monthly mortgage payments, a proprietary reverse mortgage carries some of the same features as a standard HECM.
Proprietary reverse mortgages are loan programs offered by some lenders and are not FHA insured. They are not bound by county lending limits or standard FHA requirements but do have their own set of qualifications that differ from the FHA insured HECM program. Platinum Program is Longbridge Financial LLC's proprietary loan program, and it is not affiliated with the Home Equity Conversion Mortgage (HECM) loan program, which is insured by FHA.
Reviews (5)
JustinT
Nov 29, 2020
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Karen Williams
Nov 12, 2020
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Roger Christiansen
Oct 25, 2020
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Kay Simons
May 23, 2020
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Dick Voce
May 16, 2019
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I was a mortgage banker and stock broker for most of my working career. It is refreshing to meet a person in the financial industry who truly cares about your goals over his financial gains. Jeff met with my wife and I personally twice and we had a number of phone conversations. Not once did Jeff try to close us and made a point more than once to say if we were considering moving in the next two years not to consider a reverse mortgage. Jeff is a wealth of information and if we ever need a reverse mortgage he is the only one I would call.
