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Meet YourRetirement Mortgage SpecialistDavid Stokes
- NMLS# 450757
- 3200 Croasdaile Dr., Ste 200, Durham, NC, 27705
David has served in the Mortgage Industry since 1995 and has 30 years in Retirement planning within the Insurance Industry. He owned and operated an independent insurance agency in Raleigh, NC for 15 years and managed a mortgage company for 7 of those years. David sold his company in 2007 to focus entirely on educating borrowers, their children, realtors and financial advisors on the Reverse Mortgage and HECM Purchase loan programs. David is the former Speaker/Educator for the NC Dept of Housing on the HECM Purchase loan program and was interviewed on local TV Show, Community Matters.
David actively serves and advocates for the senior population. He has served as a board member for The Broad Street Medical Clinic; a Non-Profit Medical Center located in Morehead City, NC, the Pitt county Aging Coalition, and as a member of the NC Senior Care Council. David is a graduate from Shenandoah College, in Winchester VA. He is happily married. He and his wife have a daughter, son, and two dogs.
Based in Durham, NC
What Fairway customers are saying *
My wife and I really appreciated the huge financial help from Fairway Independent Mortgage Corporation. Our lives have been better than before. Thank you again.
Fairway was always professional, expedient, and truthful about the process of obtaining a reverse mortgage loan. No part of the process was concealed or confusing. It was a pleasure to work with Fairway and its representative.
This is an invaluable loan for seniors. The staff was terrific helping us navigate through the process and explaining the benefits this provides.
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.
- 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 Durham, NC
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.
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.