Turning Home-Equity Into Life-Quality
Get StartedMeet YourSenior Mortgage ConsultantKathleen A. Caddell
- NMLS# 39620 MA LO License #MLO39620
- kcaddell@fairwaymc.com
- 180 Wells Ave, Suite 300, Newton, MA, 02459
- 781-644-4609
Kathleen is a Senior Mortgage Consultant for Fairway Independent Mortgage specializing in residential loans as well as reverse mortgage loans for both purchases and refinances. A former insurance industry and financial planning executive, Kathleen has been in the mortgage industry since 2004. Kathleen's background ensures that she's able to guide her clients to the best loan products for their particular situation, help them improve their credit scores, and better understand the loan process. Kathleen prides herself on her excellent customer service skills and offers information and guidance to make it an easy, smooth and stress-free experience. In addition to her mortgage expertise, Kathleen donates her time to a variety of organizations, serving on the Board of Directors for South Shore Young Professionals, as an Ambassador for the South Shore Chamber of Commerce and a member of the South Shore Business Leaders and South Shore Real Estate Network. Kathleen also is an avid Golfer and a member of Pinehills Golf Club in Plymouth, MA. Kathleen is a graduate of Marist College, where she was a Division 1 Swimmer and currently resides in Plymouth, MA.
What is a Reverse Mortgage Loan?
A reverse mortgage is a unique loan that allows those 62 years of age and older to convert a portion of the equity they have built up in their homes into cash and defer repayment until they pass away or move out. The loan can provide you with cash that you can use now, help you develop a line of credit, and more, giving you more financial flexibility in retirement.
Benefits of A Reverse Mortgage
There are many incredible benefits to this unique loan, and it can be a great way way for you to feel secure in your retirement and provide you with the financial freedom you are looking for.
Benefits
- No monthly mortgage payments except for taxes, insurance, and maintenance
- Growing line of credit (applies to unused funds)
- Increased discretionary cash flow
- Can sell YOUR home at any time
- Does not require payment until last living borrower permanently leaves the home
- Bridge the medicare gap
- Increase your purchasing power
Benefits of working with a Fairway loan officer in Newton, MA
We Deliver On Customer Service
Our customers experience some of the fastest turn times in the industry. The Fairway reverse mortgage loan process is designed to exceed expectations, provide satisfaction and earn your trust.
Specialized Training
Each Fairway loan officer is required to attend live training classes before he or she can originate a reverse mortgage loan. Our Reverse mortgage planners have access to a dedicated support staff and ongoing weekly educational training calls.
National In-Person Appointments
Fairway has offices located nationwide with trained reverse mortgage planners, giving us the ability to meet with you in a face-to-face setting.