Turning Home-Equity Into Life-Quality
Get StartedMeet YourLoan OfficerClint Thompson
- NMLS# 594828
- clint.thompson@fairwaymc.com
- 2007 Eagle Ridge Drive , Birmingham, AL, 35242
- 205-999-4752
- https://www.fairwayindependentmc.com/lo/clint-thompson-594828
I am the youngest of 6 siblings. Very close family. I am 57 years old. My parents are in their 90s. I have been married to my wife for 30 years and we have 1 daughter who is 20 years old. With over 31 years in the residential mortgage industry, I bring a wealth of experience to the table. This can instill confidence in my clients, especially when dealing with a financial product as important as a reverse mortgage. Fairway's culture is centered around client care and their best interests, ensuring our clients have a positive and smooth experience when exploring or securing a retirement mortgage. Today’s reverse mortgage can be used to purchase or refinance a home, strategically using the equity as a valuable asset for retirement planning. It is regulated and insured by the Federal Housing Administration, and has more safeguards built into it than a conventional mortgage, to protect our senior homeowners. In addition to my skills and experience, the core values and culture of Fairway, as well as my dedication to helping retirees navigate the complexities of reverse mortgages, set me apart as a loan officer.
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 Birmingham, AL
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.