Turning Home-Equity Into Life-Quality
Get StartedMeet YourLoan OfficerSusan Powers
- NMLS# 1928141
- susan.powers@fairwaymc.com
- 123 Mountain Road, 2nd Floor, Suffield, CT, 06078
- (203) 910-0910
I started doing mortgages in the late 90's. I had my real estate license for 17 years. in 2007 I became a Sandler Certified trainer and stayed there for 17 years until I came back to the mortgage world in 2018. I have two children 4 granddaughters (two sets of twin girls) and an amazing DIL. My mom lives close by, and it was because of her I got into reverse mortgages. Once I saw how they benefited her and changed her life I was convinced I wanted to dispel the myths and help others have more comfortable lives. I love walking and golf. spending time with the grands who live just a few hours away by car. I have a significant other I have been living with for 17 years...hmmm 17 seems to be some sort of magic number for me...We love to travel and eat!
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 Suffield, CT
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.