Turning Home-Equity Into Life-Quality
Get StartedMeet YourBranch ManagerDominic DesMarais
- NMLS# 379194
- dominicd@fairwaymc.com
- 4445 W 77th St., 105, Edina, MN, 55435
- 952-797-6032
- https://teamdominic.com/
Dominic DesMarais was raised on a cattle farm between the Minnesota cities of Buffalo, Monticello and Maple Lake. Growing up the youngest of six, with parents who lived through the depression era, gave Dominic “old” values. His father fought in the Pacific theater of World War II, giving him great respect for veterans. The buying and selling of livestock gave him an entrepreneurial spirit that is a value behind everything he is involved in. The financial side of business has always interested Dominic, which is why he pursued a career in marketing/sales/finance. Dominic focuses on communication with his clients and business partners. His focus is finding the right mortgage loan for the client’s financial life and goals. With this mindset along with his interest in finance and an appreciation of excellent customer service, Dominic has successfully been in the mortgage industry since 1997. Dominic is constantly seeking more education within the mortgage and financial markets to make sure his clients have access to the best products. He works with first-time homebuyers, move up buyers, dream homebuyers, investment property buyers, and people needing debt consolidation. Another key part to Dominic’s mortgage business is his expertise in working with folks 62+ years old to create an ease of mind by capitalizing on their existing equity to create financial opportunity.
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 Edina, MN
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.