Turning Home-Equity Into Life-Quality
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Meet YourRetirement Mortgage Specialist Steven Kirkpatrick
- NMLS# 1918780
- skirkpatrick@fairwaymc.com
- 562 Lynnhaven Parkway, Virginia Beach, VA, 23452
- 757-276-8000
- https://fairway.com/steven-kirkpatrick
Life is good. I closed on my own reverse mortgage on April 7, 2022, and eliminated mortgage payments of $21,000 per year. There were 24 years left on the loan. That means I saved over $520,000 in mortgage payments over the life of the loan (assuming I live to age 90). As much as I love my job and expect to continue working for many years, I feel great having the peace of mind knowing that I now have financial security in retirement. I am a very lucky man; I live on a beautiful little horse farm in Chuckatuck with my wife and best friend, Susan Jane. We have two Jack Russell Terrorists (Pandora and Peaches), six cats, and two horses.
I have three sons, Ian (32), Keith (30), and Colin (26); they are all smarter and better looking than me. I have an undergraduate degree in Marine Zoology from SUNY Stony Brook and an MBA from the Stern School of Business at New York University. I was a Subject Matter Expert for a private bank on Wall Street for 21 years, and was in charge of all of the bank’s Fiduciary real estate holdings (and many other things). I am an avid naturalist, with particular interest in horticulture and mycology. I have an extensive insect collection of about 1,000 specimens. I am also an excellent Cook. My license plate is: “UXORIOUS.” Go ahead, look it up.
Based in Virginia Beach, VA
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 Virginia Beach, VA
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.