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.
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.
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.
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.
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.
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.
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.
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!
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.
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!
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.
Fairway Independent Mortgage Corporation
Daniel Ventura
President of Fairway Reverse Lending Division,
Retirement Mortgage Specialist
NMLS ID #19372
NMLS Consumer Access
Fairway Independent Mortgage Corporation
40R Merrimac Street, Suite 301W
Newburyport, MA 01950
Complaints may be directed to:
877-699-0353
Or email us:
[email protected]
Copyright©2025 Fairway Independent Mortgage Corporation (“Fairway”) NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. The youngest borrower must be at least 62 years old. Monthly reverse mortgage advances may affect eligibility for some other programs. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Opportunity.