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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.
No doubt the best mortgage company. Dan Ventura and staff are knowledgeable and extremely attentive. I refer them every opportunity I have. Buying, financing and refinancing are difficult and stressful...they take all the pain away.
Tracy D.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 W.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 M.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 W.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 L.The Communication was excellent from the whole team. Dan was outstanding as well as Molly- Explaining the process and answering any questions. A Seamless process. I would highly recommend.
BusinessDan 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 G.Dan Ventura and the team at Fairway are incredibly efficient, professional and competent. A mortgage is a huge decision and the service on such a transaction is very important. Fairway go above and beyond from start to finish. I would highly recommend them to anyone looking to secure financing.
Stephen B.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 E.
