Brad Farris’s philosophy about a Reverse Mortgage:
I have been part of the "Ask the Professionals" series on am 560 KWTO radio since 1997, telling listeners the benefits of a FHA/HECM reverse mortgage.
I believe seniors should be given complete information about a reverse mortgage so they can make an educated decision. This is your home that you have work all of your life to pay off. You should not be pushed or sold a reverse mortgage based on information from a salesperson.
At Farris Mortgage, we offer you a link to a free reverse mortgage calculator from National Reverse Mortgage Lenders Association NRMLA. When using this, you will not be required to put in any personal information. The calculator will give you a close estimate of what you may qualify for, but please be aware that Farris Mortgage closing costs may be lower than those indicated on the NRMLA website. Feel free to e-mail or call me with any questions.
To learn more go back to the home page and click on Reverse Mortgages at the top.
Everyone has questions about how a Reverse Mortgage works, there just different. I’m here to answer your questions!