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Meet YourBranch ManagerMichael Joy
- NMLS# 120763
- 5306 Pacific Hwy East, Suite B, Fife, WA, 98424
Michael has worked in real estate finance for the past twenty-four years, and truly values being a trusted and informed resource for his clients and referral partners. He prides himself on looking at the big picture of his client's entire financial situation vs. simply quoting rates and fees. After focusing primarily on traditional mortgages for the first twenty years of his career, he has particularly enjoyed becoming an expert on reverse mortgages over the past few years. He feels that being an expert on all types of loans and comparing traditional vs. reverse mortgages is of great value. On the personal side, Michael and his wife Stephanie have been married for twenty-three years, and have two wonderful children ages 21 and 17. Michael has been a lifelong resident of Washington, having grown up in Edgewood and returning there in 1999 to raise his family. In his free time, Michael loves to be outside boating, hiking, skiing and traveling.
Based in Fife, WA
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 Fife, 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.
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.