Northwest Reverse Mortgage
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Northwest Reverse Mortgage
After 100 days working with a large reverse mortgage lender in another state, these clients were fed up with the red tape and hubbub. Watch the video to see how one phone call with Northwest Reverse Mortgage changed everything for them. Jeff Foody, MLO253303 Owner of Northwest Reverse Mortgage explains how a reverse mortgage can help homeowners aged 60+ stretch their retirement savings and how to decide when the optimal time is for accessing your homes' equity as a financial security net.

When you're looking for a knowledgeable, friendly team to guide you through the reverse mortgage process, Northwest Reverse Mortgage (NMLS 183-4787) is the team you'll love! Our dedication to high-quality customer service and personalized, efficient reverse mortgage solutions is at the heart of everything that we do. We have the experience and drive to help you achieve your personal financial goals!

With almost two decades in this industry, our owner, Jeff Foody, MLO 253303, leads a dedicated team of professionals who are focused on guiding you to a more secure future.
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When you're looking for a knowledgeable, friendly team to guide you through the reverse mortgage process, Northwest Reverse Mortgage (NMLS 183-4787) is the team you'll love!
We are passionate about assisting our clients!
Our dedication to high-quality customer service and personalized, efficient reverse mortgage solutions is at the heart of everything that we do.
We have the experience and drive to help you achieve your personal financial goals!
With almost two decades in this industry, our owner, Jeff Foody, MLO 253303, leads a dedicated team of professionals who are focused on guiding you to a more secure future.
This free assessment from Northwest Reverse Mortgage is meant to be a starting point in your research.
A reverse mortgage is a very big step and is often the last loan people get; we take our job as your local reverse mortgage expert very seriously.
We've created this free assessment to help take the guesswork out of the reverse mortgage process.
Our goal is to provide you with accurate and timely information to empower you with the knowledge you need to make the best decision for your family.
To complete the assessment, simply answer questions about your home and your plans for the future.
Home Equity Conversion Mortgage (HECM) for Purchase (H4P) is a reverse mortgage that allows seniors aged 62 or older, to buy a new principal home using loan proceeds from a reverse mortgage.
The HECM for Purchase Program provides the opportunity to purchase a new principal residence with HECM loan proceeds in a single transaction.
The HECM loan does not require mortgage loan repayment until the borrower permanently leaves the home.
A reverse mortgage is a complex financial tool.
When deliberating whether it's a good fit, guidance is best left to the experts with the most experience.
Proprietary reverse mortgages are loan programs offered by specific lenders and they are not FHA-insured.
They are not bound by county lending limits or standard FHA requirements but do have their own set of qualifications that differ from the FHA-insured HECM program.
As a non-recourse loan with no required monthly mortgage payments, a proprietary reverse mortgage carries some of the same features as a standard HECM.
Proprietary reverse mortgages are designed to suit people in a variety of situations.
Proprietary reverse mortgages are loan programs offered by some lenders and are not FHA insured.
They are not bound by county lending limits or standard FHA requirements but do have their own set of qualifications that differ from the FHA insured HECM program.
Platinum Program is Longbridge Financial LLC's proprietary loan program, and it is not affiliated with the Home Equity Conversion Mortgage (HECM) loan program, which is insured by FHA.
Platinum is available to qualified borrowers who may also be eligible for FHA's HECM program or are seeking loan proceeds that are higher than FHA's HECM program limit.
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