Turning Home-Equity Into Life-Quality
Get Started
Meet YourSr. Loan OfficerCindy Petersen
- NMLS# 251406
- cpetersen@fairwaymc.com
- 7010 E Chauncey Lane , Unit 120, Phoenix, AZ, 85054
- 602-694-4905
- https://www.fairwayindependentmc.com/Cindy-J-Petersen
I'm originally from southwestern Pennsylvania, but I have lived in Phoenix/Scottsdale for a long time! My husband and I have 3 children, all adults. We love the outdoors and exploring and hiking our beautiful desert and state during our downtime. I also love to bake whenever I have the kitchen to myself.
I have been a loan officer in the mortgage industry for 25 years, the past 12 with Fairway Independent Mortgage Corp. Over those years, I never grow tired of helping my clients achieve their homeownership dreams and goals, whether it is to purchase a home or to refinance. What warms my heart is assisting 62+ year-old homeowners with reverse mortgages. I see a growing need for our senior community to be able to worry less during their retirement years and to enjoy their lives doing more of what they want to do.
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 Phoenix, AZ
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.