WHAT IS A REVERSE MORTGAGE LOAN?

THE KEY TO FINANCIAL FLEXIBILITY IN RETIREMENT

A Reverse Mortgage Loan Turns Home Equity Into Tax-Free Cash*

If you want more cash flow in retirement, Dan and the Fairway Reverse Team can help you find your options. The most common reverse mortgage is the HECM (Home Equity Conversion Mortgage).
These loans are federally insured, come with a variety of consumer protections and offer payouts in multiple forms. As the proceeds are considered a loan (not income) they are tax-free.*

With a Reverse Mortgage Loan, You Have Many Payout Options:

Line of Credit
Lump Sum Payment
Monthly Cash Flow Payments
Combination of All Previous Options
Hear How Jim Set Himself Up for Retirement With a Reverse Mortgage

No Monthly Mortgage Obligations

As part of the loan, the borrower is required to continue paying property taxes and insurance, maintain the home and use the home as their primary residence.

Payment Settled on Your Terms

As long as all loan terms are met, the loan becomes repayable when the last borrower leaves the home. That means you or your heirs can pay off the loan or sell the home.

Reverse Mortgages Are Popular

More than a million U.S. households are using a HECM reverse mortgage insured through the Federal Housing Administration (FHA) to help manage their living expenses.

  • My husband and I have worked with Dan Ventura since 2013 during the purchase of our new home and multiple refinances since then. Dan is excellent to work with as he is professional, responsive and patient. He makes what can be a stressful and overwhelming process seem simple.

    Erica Warren Avatar Erica W.

    Dan helped me through the process of purchasing a home and made it a enjoyable exsperiecing. He worked hard and help me with the paperwork, it literally took just a few weeks and my wife and I owned a new beautiful home.

    Jeffrey Wray Avatar Jeffrey W.

    Dan from Fairway was amazing. He is very polite, friendly and professional. We were in a rush to close on our home and Dan was able to get it done. He also help us increase our credit scores so we could get a better rate. For anyone looking to buy a home Fairway is your best option for a mortgage.

    James Gennetti Avatar James G.
  • Dan is great at keeping you updated and responding to your questions promptly. He also quickly solved any issues that came up, including taking care of a last minute snafu caused by another firm. Would use again and highly recommend.

    Derek Jackson Avatar Derek J.

    Dan was very helpful and made buying our first home a little less stressful by ensuring the whole mortgage process went smoothly from pre-approval through closing. He was always quick to answer questions and respond to our calls and emails.

    Kathryn Maynard Avatar Kathryn M.

    Dan and his staff have made our refinancing super easy!! They have been nothing but courteous, professional and always prompt at returning our calls & emails. I would highly recommend Dan & Fairway Mortgage to others!

    Joan Lysik Avatar Joan L.
  • Working with Dan Ventura was a pleasure. He made my wife and I feel comfortable during the entire process. We felt assured that Dan had our best interest in mind and we felt confident that he would do a great job for us. I would highly recommend Dan to anyone looking for a montage.

    Allen Laferriere Avatar Allen L.

    Dan was incredible! He helped us achieve our goal of a 30 day close with time to spare. We would recommend Dan and Fairway to any of our friends. We could not be happier!

    Brent Evansen Avatar Brent E.

    Dan and the team at Fairway Mortgage exceeded our expectations every step of the way. They were confident, efficient, informative and a pleasure to work with.

    Rebecca Clark Avatar Rebecca C.

What Can You Do with the Reverse Mortgage Loan Payout?

Renovate Your Home
Make Strategic Investments*
Get More Pleasure From Retirement
Increase Cash Flow
Extend Your Retirement Savings
Pay Off Your Existing Mortgage

Curious About What You May Qualify For?

Fill out this short form and we’ll reach out as soon as possible.

By entering your contact information, you are providing express written consent for Fairway Independent Mortgage Corporation to contact you at the email and number you provided via telephone, mobile device, automated means like autodialing, text SMS/MMS, and pre-recorded messages, even if you are registered on a corporate, state, or federal Do Not Call list. You are also acknowledging and agreeing to our terms of service and privacy policy. Consent is not required to use our services.

*This advertisement does not constitute tax or financial advice. Please consult a tax and/or financial advisor regarding your specific situation.