If you live in North Carolina and want to work with a local reverse mortgage specialist you have come to the right place. Because we are local, we can meet with your face to face in the comfort of your own home or at one of our mortgage offices located throughout North Carolina.

We specialize in the Home Equity Conversion Mortgage or HECM (HECK-UM), also known as a reverse mortgage. It is all we do. When you work with us you know that you are working with loan officers that are going to be able to answer all your questions. And not only answer your questions but structure the loan in a way that will meet your financial needs now and into the future.

What Sets Us Apart from Other Reverse Mortgage Lenders in North Carolina

We are a direct lender – What that means is that originate, process, underwrite, fund and service all our loans. The last part, we service our loan, we have found is very important to our clients in North Carolina. They want to know that they will be working with us for the life of their loan.

We are referral based – Unlike several other lenders, we don’t spend millions of dollars a year on advertising. Because of this we can pass those savings on to you in the form of better interest rates and lower fees.

Continuous training – Our loan officers are required to attend continuous training on the reverse mortgage loan options as well as advanced planning and utilization techniques to ensure all of our clients in the North Carolina area are being served in the best way and their reverse loans are structured properly.

It’s not necessarily a very easy decision to decide if you should go for a reverse mortgage in . In order to make the right decision, it is important to seek the advice of someone who is an expert in reverse mortgages.

A mortgage loan officer should always adhere to tough ethical conduct. They must show you all the terms and conditions of the loan clearly and with the utmost regard of your needs and desired goals. All the loan originators that work for us are prohibited from steering and even recommending you look into other products such as insurance, annuities or other financial products. We believe our fees and rates are some of the best in the market, but you should feel free to comparison shop to make sure you are getting the best offer. You shouldn’t ever be pushed by any professional about advancing, only you can come up with that final decision.

We’ve found the very best customers are people that have spent a little time educating theirselves. Make sure you spend as much time as is needed doing research so when you contact one of reverse mortgage lenders in you can feel more confident about any questions you have.The reason you should do your own research is so that you can make a good choice and feel confident with this choice. If you need a good explanation of how a reverse mortgage works, the negatives, pluses and minuses, common myths, {meanings}, explanations and much more, Then you need to go to the HUD website.

A reverse mortgage isn’t the best option for everyone. You need to compare all the options available to you. For some, this might be the only option. For anyone who is uncertain if the reverse mortgage would fit your needs, you should call us. A knowledgeable loan originator will explain each and every step of the process and answer all and any questions you will have. To get a better understanding of how we work with our customers and the way we operate as a company, read through our Ethics Policy.

What is a Reverse Mortgage?

Very simply, it is just like a regular mortgage with the exception that there are no monthly mortgage payments required. You still need to pay property taxes, insurance and maintain the home.
It is regulated by HUD and insured by FHA.

The Basics
• At least one spouse must be 62 or older.
• Your home in North Carolina must be your primary residence.
• You can get a loan on a single family, multifamily up to 4 units, town home, HUD approved manufactured home and FHA approved condominiums.
• You will be required to attend counseling from a HUD approved counselor.
• You must continue to pay your property taxes, insurance and other property charges.
• The amount you can borrow is based on the youngest persons age, home value and current interest rates.
• You can access your home equity as a lump sum, line of credit, month payments for as long as you live in the home, monthly payments for a specific period of time or a combination of those options.

Have Questions About Getting a Reverse Mortgage in North Carolina?

There is no doubt that you have questions about getting a reverse mortgage in North Carolina. We are happy to answer every question you have about this loan product.

Questions like:
• What is the downside to a reverse mortgage?
• What are the pros and cons of a reverse mortgage?
• How much can you borrow with a reverse mortgage?
• Is the reverse mortgage a good idea?
• Does it make sense to get a reverse mortgage?
• Does my home in North Carolina qualify for a reverse mortgage?
• How does a reverse mortgage work?
• Are there risks to getting a reverse mortgage?
• What happens to the reverse mortgage when I die?
• Is the reverse mortgage a good fit for me?

While there are general answers to these questions. The answers will vary from each individual person. This is why you should talk with one of our local North Carolina experts so you can get a personalized answer to your unique situation.

I work with elderly homeowners within these locations too: Matthews, Pineville, Mount Holly, Belmont, Mint Hill, Harrisburg, Huntersville, Stallings, Indian Trail, Weddington There’s something to be said in regards to the importance of meeting with someone personally when it comes to real estate and finance. This makes a lot of sense mainly because applying for reverse mortgage is a huge decision.