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Meet YourLoan OfficerMartha Shanks
- NMLS# 287187
- 177 E Colorado Blvd, Suite 200, Pasadena, CA, 91105
I started my real estate career in 2005, and after many interesting twists and turns, I am now 100% focused as a Reverse Mortgage Specialist. I have always had a desire to help people achieve their financial goals, and my current role allows me to do just that, using home equity. I am thrilled to be working with Fairway Independent Mortgage Corporation, offering reverse mortgages for both refinance and purchase.
There are two main elements that fuel my motivation in this field: 1) educating people on the often-misunderstood reverse mortgage product, and 2) helping people create solutions to achieve their financial goal or solve a potential shortfall. It is a wonderful experience when clients have that “ah-ha” moment—when they perceive the product for what it is, not what they thought it was. Additionally, I enjoy delivering training to Realtors, Financial Planners, CPAs and other business partners about the reverse mortgage industry, products and its uses.
Being detail-oriented and identifying “red flags” are important traits that help lead one to success in this field. By handling any red flags early on we can offer a smooth loan closing. Many of my clients are people over the age of 60, who own a home, and have at least 50 percent home equity. Additionally for those with no current mortgage, they are a great candidate for the Reverse Line of Credit. Furthermore, Martha is a dedicated member of NAIFA, the National Association of Insurance and Financial Advisors. Let’s talk!
Based in Pasadena, CA
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 Pasadena, CA
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.