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Rick R. Rodriguez is a Las Vegas native and holds a BSBA in Accounting from the University of Nevada Las Vegas. After graduating from college, he worked for a local Certified Public Accounting firm before moving into the mortgage industry in 2003. He has extensive experience working in mortgage sales and management, and over his career, he has been recognized as a skilled and trusted professional. In 2004, after completing his first reverse mortgage transaction, Rick moved on to focus primarily on reverse mortgages and become a specialist in the industry. In February 2016, he became the first person in Southern Nevada to obtain the designation as a Certified Reverse Mortgage Professional (CRMP®).
In Las Vegas, a reverse mortgage offers the opportunity to enhance your retirement income, enabling you to remain comfortably in your home as you age. It brings versatile payout choices, erases the need for monthly mortgage payments, and provides other benefits.
To qualify for a reverse mortgage in Las Vegas, the primary borrower should be a minimum of 62 years old and possess full home ownership or substantial equity in the property. The residence must serve as your primary dwelling, and you'll remain responsible for property-related costs such as taxes, insurance, and upkeep. All borrowers are required to undergo counseling as well.
There are additional requirements that can be covered in greater detail with Rick and his team.
Rick facilitates types of reverse mortgage loans across Las Vegas and its neighboring regions: Home Equity Conversion Mortgages (HECMs), HECM for Purchase (H4P), and Jumbo Reverse Mortgage Loans. Rick's guidance will align you with the most suitable product based on your individual requirements.
In his consultations with reverse mortgage clients in Las Vegas, Rick adopts a comprehensive strategy. He assesses your complete financial status and evaluates whether a reverse mortgage aligns with your circumstances, factoring in various key variables.
Rick is certified to do reverse mortgages in Las Vegas and throughout Nevada and will happily guide you through the process to ensure that the product meets your needs.
Based in Las Vegas, NV
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 Las Vegas, NV
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.