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Meet YourRetirement Mortgage SpecialistMichael W Inkman
- NMLS# 152707
- michael@michaelinkman.com
- 4201 Marsh Lane, Carrollton, TX, 75007
- 972-703-4346
- http://www.michaelinkman.com
Michael Inkman is a Branch Manager/Sr. Loan Originator with Fairway Independent Mortgage Corporation in Dallas, Texas. With 25 years' experience, Michael has handled financing for over 2,500 families with over $550 million in funded loans for homeowners. Michael specializes in finding the right financing for all borrowers and offers both traditional and reverse mortgages in Dallas, including FHA/VA, conventional and Jumbo financing. With today's challenging mortgage market, it is critical to work with someone who understands how to navigate this changing market place. Michael is also a Certified Mortgage Planning Specialist (CMPS). Currently fewer than 7% of all loan originators carry this designation.
A reverse mortgage in Dallas could potentially be a good fit for someone under certain circumstances. A reverse mortgage is a financial product designed for homeowners who are at least 62 years old, allowing you to convert a portion of your home equity into cash without having to sell their home or make monthly mortgage payments.
A reverse mortgage in Dallas can provide supplemental retirement income, allow you to age in place at and stay in your home, provide flexible payout options, and eliminate monthly mortgage payments--among other things.
To be eligible for a reverse mortgage in Dallas, the primary borrower must be at least 62 years old, you must own the home outright or have a significant amount of equity in it, the home must be your primary residence, and you will still be expected to pay for property-related expenses like taxes, insurance, and maintenance. All borrowers must go through counseling, as well.
There are additional requirements that can be covered in greater detail with Michael and his team.
There are three types of reverse mortgage loans that Michael originates in Dallas and surrounding areas - Home Equity Conversion Mortgages (HECMs), HECM for Purchase (H4P), and Jumbo Reverse Mortgage Loans. Depending on your situation, Michael will recommend the product that best meets your needs.
When consulting his reverse mortgage customers in Dallas, Michael takes a holistic approach of reviewing your overall financial well-being and seeing if a reverse mortgage makes sense with consideration to several different variables.
Michael originates Reverse Mortgages in Dallas, Texas and many surrounding areas like Plano, Arlington, Frisco, Ft. Worth, Garland, Carrolton as well as throughout Texas and several other states.
Based in Carrollton, TX
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.
Donald Y.
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.
Sandra H.
This is an invaluable loan for seniors. The staff was terrific helping us navigate through the process and explaining the benefits this provides.
Gwen R.
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 Carrollton, TX
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.