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Meet YourRetirement Mortgage PlannerFrank Borg
- NMLS# 397306
- frank.borg@fairwaymc.com
- 3400 188th ST SW, STE 185, Lynnwood, WA, 98037
- 425-949-2889
Providing mortgage advice and solutions for over 20 years, I truly appreciate the lasting relationships I’ve developed and helping my customers achieve their dreams. This is very meaningful work and I’m honored to be able to do it.
As a reverse mortgage planner, I help people reduce their monthly expenses, have more money and freedom to enjoy retirement, and improve their overall financial security. I’m connected with many other skilled professionals that compliment this work and am always happy to provide referrals when need arises.
I’ve lived in the north Seattle area since 2007 with my wife, two children and our Australian Shepherd, Odie.
When I’m not helping customers with their mortgage needs, I enjoy traveling, Yoga practice, climbing and weightlifting, fine dining and cooking 5-star meals for my family and friends.
I’m licensed in WA, serving the greater Seattle area and beyond. I’m also licensed in TX where I grew up and visit often to spend time with family and friends there.
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 Lynnwood, WA
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.