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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.
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 J.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.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 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 C.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 L.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.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 G.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.
