Turning Home-Equity Into Life-Quality
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Meet YourSenior Loan OfficerSteve Srackangast
- NMLS# 215257
- srack@fairwaymc.com
- 11811 North Tatum Blvd , Suite 2700, Phoenix, AZ, 85028
- 520-940-2996
- https://reverseinarizona.com/
Steve grew up in Michigan and has been in Tucson for the past 38 years. His extensive experience, knowledge of loan programs and his commitment to customer satisfaction are not easily duplicated. He feels as though it's his job to make his clients loan experience as easy and as stress-free as possible. When we are able to meet their goals together; that's a real win-win for all parties involved. With an ease with numbers and a desire to help people, Steve found his calling in the Mortgage Industry where he now has over 25 years of lending experience.
As a Senior Loan Officer in the state of Arizona, Steve has worked with thousands of people in their search for home loan financing. His lending philosophy focuses on guiding his clients through the lending process, educating them on their financing options and ultimately helping them to decide on the mortgage option best suited for their home loan. He specializes in Home Equity Conversion Mortgages and is considered a Retirement Mortgage Specialist.
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 Phoenix, AZ
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.