Turning Home-Equity Into Life-Quality
Get StartedMeet YourReverse Mortgage PlannerSteve Nowak
- NMLS# NM LS# 1899935
- steve.nowak@fairwaymc.com
- 4070 Bridgewater Parkway, , Suite 1, Stow, OH, 44224
- 330-280-0031
I started in the mortgage industry in 1996. I have worked in retail, wholesale, conforming, and non-conforming. In 2008, I took a break from the mortgage industry, and opened up my own “in Home Care business for Seniors. We helped many Seniors and their families, but I experienced many who were not ready for retirement, health challenges, and the unexpected surprises that await most of us, many without a plan to enjoy life, or plan for those challenges. In 2019 I stepped back into the mortgage business with a focus on HECM/Reverse Mortgages. My goal is to help people fulfill and enjoy their next chapter, while still putting the tools in place to provide for their families and their legacy. I have been married to my wife Wendy for 30 years. We have three grown sons, and I am very involved in Global Missions for my church, The Chapel in Green.
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 Stow, OH
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.