Turning Home-Equity Into Life-Quality
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Meet YourRetirement Mortgage SpecialistMark Knodel
- NMLS# 121337
- mark.knodel@fairwaymc.com
- 801 Estelle Drive, Lancaster, PA, 17601
- 717-727-6158
- https://www.fairwayindependentmc.com/Mark-Knodel
With over 18 years in the mortgage industry, Mark is more than capable of assisting you with a variety of home loan programs such as FHA, VA, USDA, H.E.C.M, Conventional and down payment assistance programs. He knows every homebuyer is unique, and so is their home purchase scenario. He makes sure each client receives his undivided attention so they can make informed decisions, and so they feel confident that their mortgage lender genuinely has their best interest in mind. He is detail-oriented, and strives to provide information to his clients in a way that is transparent and easy to understand.
Any home buyer that chooses to work with Mark can feel secure that their home purchase process will go smoothly, and that he will be with them every step of the way. Don’t hesitate to reach out and give him a call with any questions you may have!
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 Lancaster, PA
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.