Is a Reverse Mortgage Right for You?

Get a quote on a Reverse Mortgage & find out how much you qualify for.

The Lowdown on Reverse Mortgage Loans...

Reverse Mortgage

Our Reverse Mortgage Rates Are Low & Our Process is Quick & Painless

A reverse mortgage is a loan for seniors age 62 and older. HECM reverse mortgage loans are insured by the Federal Housing Administration (FHA) and allow homeowners to convert their home equity into cash with no monthly mortgage payments.

We’re here to make the reverse mortgage process a whole lot easier, with tools and expertise that will help guide you along the way, starting with our Reverse Mortgage Qualifier.

We’ll help you clearly see differences between reverse mortgage options, allowing you to choose the right one for you.

The Reverse Mortgage Process

Here’s how our reverse mortgage process works:

  • Complete our simple Reverse Mortgage Qualifier
  • Receive options based on your unique criteria and scenario
  • Compare mortgage interest rates and terms
  • Choose the offer that best fits your needs

*Debt-To-Income (DTI) ratio is monthly income debt/expenses divided by gross monthly income. **This advertisement does not constitute tax advice. Please consult a tax advisor regarding your specific situation.***Pre-approval is based on a preliminary review of credit information provided to Fairway Independent Mortgage Corporation which has not been reviewed by Underwriting. Final loan approval is subject to a full Underwriting review of support documentation including, but not limited to, applicants’ creditworthiness, assets, and income information, and a satisfactory appraisal. ****VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. Fairway is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency.

Why a Reverse Mortgage?

A reverse mortgage pays off your existing mortgage, should you have one, by allowing you access to the home equity you’ve worked so hard to build. Any money left after paying off your existing mortgage is available to use as you see fit.

  • Full or Partial Lump Sum
  • Line of Credit
  • Monthly Payments
  • Combination of Any of These

You have the option to change your disbursement method at any time.

Get Your Reverse Mortgage Quote Now!