A Reverse Mortgage can significantly improve your quality of life in retirement by eliminating debt and providing funds to keep up with the cost of retirement living. In this video, Ann G. talks about her home and how a Reverse Mortgage from Monticello Reverse Mortgage helped her stay in her home and make some improvements.
There are several ways to receive the proceeds from a Reverse Mortgage to meet your financial needs, including lump sums or monthly payments to you. A Reverse Mortgage is a loan provided to a senior homeowner (62 years of age or older) that uses a portion of the home's equity as collateral.
There are several ways to receive the proceeds from a Reverse Mortgage to meet your financial needs, including lump sums or monthly payments to you. A Reverse Mortgage is a loan provided to a senior homeowner (62 years of age or older) that uses a portion of the home's equity as collateral.
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What is a Reverse Mortgage? The simple way to describe a reverse mortgage is that it is a loan provided to a senior homeowner-62 years of age or older-that uses a portion of their home's equity as collateral. Generally, the loan does not have to be repaid until the last surviving homeowner passes away or leaves the home.
John O'Connor has a passion for helping senior citizens and their families understand the benefits of a reverse mortgage. Also known as "The Reverse Mortgage Doctor" he's been helping seniors get Reverse Mortgages for more than 15 years. John lives in Crozet, Virginia with his wife Lori, two kids-Danny and Katie, and their two dogs.
Reviews (10)
Kathleen Thomas
Jul 20, 2021
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I have known John for over 30 years. I would be hard pressed to say anything even remotely negative about him. He truly is an authentic, kind and honorable person with great integrity. I don’t refer to one’s integrity lightly, and in this case it’s easily well deserved. I can say for certain that if anyone would need this type of service, I wouldn’t hesitate to encourage you to reach out to him. He will give you the same care and attention as he would to any family member or friend. He has always been one of my most favorite people in this world and I applaud him for all of the hard work
Michael Monach
Jul 01, 2021
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I contacted John several months back to inquire about helping my mother through the Reverse mortgage process. I was not sure about the process. If it was the right financial move for my recently divorced mother. John walked me and my mother through All the options and took the time to explain it to my mother several times. No pressure just trying to get her to the right decision. Thank you John for your patience and world class knowledge on Reverse Mortgage.
Jj Towler
Jun 30, 2021
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I have a financial advisor who has been managing my investments most successfully for over 30 years. Two years ago she told me she had interviewed John O'Connor and highly recommended I talk with him about a reverse mortgage. I am so grateful to both of them for helping me make the best use of the equity I have in my house. I just had a consult this week with my financial advisor and explained how I have used my reverse mortgage money to do extensive repairs and improvements on my house, so the value of the house is now far greater than the amount of money I drew from my reverse mortgage. She agreed
Susan Wood
Jun 29, 2021
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I just closed on my reverse mortgage with John O'Connor at Monticello Reverse Mortgages. John took the time to come to my home and explain how a reverse mortgage works and that, coupled with the required counseling, allowed me to make an informed decision to take out a reverse mortgage. This program will allow me to stay in my home during my retirement years. John got into this business because his own mother wanted to stay in her home. He learned about a reverse mortgage and came to believe in the importance of this program. The reason I asked John to help me is that John values good communication
Cheri Carter
Jun 27, 2021
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My husband & I worked with John in deciding to go with a reverse mortgage about 12 years ago. John was very detailed & answered all our questions. There was no pressure and he even let us think about it for a couple of days. John is a man of integrity & a very caring person. He was always professional & honest. It was the best decision we made. I highly recommend John to help you with your decision, as he will guide you thru all steps.
Alexander Pfleger
Jun 27, 2021
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Thought I would take a moment to say thank you John for being such a great resource regarding the reverse mortgage world. It truly is a great product that allows people to take advantage of all their years of hard work allowing the equity they have in their home work to their advantage while staying in the home. People are living longer and pension benefits etc are dwindling. I've seen my own neighbor benefit from a reverse. She travelled the world over the past 10 years and has recently passed away. I'm so happy that she was able to enjoy some of those great memories. The home is now being sold
Wiley & Kim Martin
Jun 22, 2021
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I have lived in the Central Virginia area since 1991. In that time I know over a dozen senior couples and individuals who have worked with John O’Connor at Monticello Reverse Mortgage and received the benefits of a reverse mortgage from his company. They all agree that John was extremely helpful throughout the process and thoroughly explained each step to their satisfaction. The proceeds they received have helped them enjoy their retirement years. I would highly recommend to anyone interested in the security and peace of mind that a reverse mortgage can bring to contact John to set up an appointment
Craig Minton
Jun 20, 2021
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I have known John O'Connor for over 10 years both professionally and personally. Although i am too young to obtain a reverse mortgage, if i should need a reverse mortgage once i am age eligible, I would select John to handle the transaction. John is truly a subject matter expert in the field of reverse mortgages. His approach is professional, he is not pushy but rather presents the options and lets the client decide in the end. He has a passion for seniors and truly committed to delivering best in class service to his clients. If you are considering a reverse mortgage, you owe it to yourself to
Doris Gelbman
Jun 17, 2021
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I am an elder law attorney. I have had clients that both John and I have served. I have on several occasions, directly referred my clients to John and Monticello Reverse Mortgage. I would NEVER risk my own reputation by referring a client to someone that I was not 100% confident was a man of the highest integrity.
John is the single most knowledgeable professional I know in this field. He works carefully and thoroughly with each client to ensure they fully understand and will benefit from the products he presents to them. He will call on them wherever they are most comfortable. He walks the client
John is the single most knowledgeable professional I know in this field. He works carefully and thoroughly with each client to ensure they fully understand and will benefit from the products he presents to them. He will call on them wherever they are most comfortable. He walks the client
Greg
Jun 15, 2021
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As a a man who has never balanced his checkbook, I was lost when it came to helping my parents navigate the details of their estate. My parents were so focused on wanting to have money to pass on to their children, grandchildren, and great children that they weren't enjoying their lives as fully as we would have liked. While their retirement financial picture is certainly adequate, we all wished for them to have that "abundant life" that is promised in John 10:10. And the reverse mortgage seemed to be a way to finance that kind of living. While we had heard of reverse mortgages and done some Google
