Welcome to Northwest Reverse Mortgage, your trusted local resource for reverse mortgages in Oregon, Washington, Idaho, and California. Based in Clackamas, Oregon, we proudly call the Pacific Northwest home. Our mission is to offer top-tier service backed by education, ensuring you make the optimal decisions for your unique situation. From Seattle to Sacramento, Boise to Bend, we're your go-to experts in all aspects of reverse mortgages.
Meet Our Founder and Reverse Mortgage Expert
With over two decades of experience in the industry, Jeff Foody founded Northwest Reverse Mortgage in 2019 with a sole focus on providing exceptional reverse mortgage services. We believe that experience with the many intricacies of reverse mortgages is key, and we're here to guide you every step of the way. Reach out via email or phone, and we'll assess your reverse mortgage eligibility and discuss qualifications, all without the need for a credit check. Get your no-obligation loan estimate today!
Demystifying Reverse Mortgages
Our mission is to debunk the myths surrounding reverse mortgages. These financial tools were designed to empower seniors to access home equity without relinquishing homeownership. We prioritize reverse mortgage education to help you make informed decisions. Learn about common misconceptions by perusing our blog and videos in the tabs above.
Personalized Approach and Professional Relationships
Involve your advisors and loved ones in the process. With an array of reverse mortgage loan programs, we never take a one-size-fits-all approach. Understanding your eligibility and the potential of a reverse mortgage to enhance your quality of life is vital. As reverse mortgage specialists, we offer access to a comprehensive range of reverse mortgage options in Oregon, Washington, California, and Idaho.
Unlocking New Opportunities
Beyond serving our clients, we offer workshops for real estate agents and financial advisors. These sessions teach you how to guide your clients in utilizing reverse mortgages as a tool to secure their financial future or enhance their lifestyle. With reverse mortgages, you'll provide options that can make a real difference in your business.
Exploring Your Options for Senior Homeownership
Whether you're considering refinancing, purchasing a new home, or accessing equity through a proprietary reverse mortgage, we're well-versed in every aspect of reverse mortgages. Our expertise is at your disposal to discuss your retirement planning needs.
Discover More Reverse Mortgage Information
Explore the tabs above to learn about reverse mortgage eligibility, how they function, the various types available, and how they can elevate homeownership in retirement. When you're ready for personalized advice from our reverse mortgage specialist, Jeff Foody, complete our questionnaire or give us a call at 503-427-1667. Your no-obligation custom information packet awaits!
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QUICK QUOTE
BLOG
Stay knowledgeable about what's going on in the current market and learn more about Reverse Mortgages with our regularly updated Blog.
STAY INFORMED
Get the Facts about Reverse Mortgages and Stretch Your Retirement Savings: Check out the latest Reverse Mortgage news and stories on our Blog Here!
ARE YOU ELIGIBLE?
Let us uncover your reverse mortgage eligibility with just a few questions.
LETS CONNECT
Is a reverse mortgage the right choice for you? Only you will be able to make that decision, but we can provide the information you need and the education it requires for you to make the optimal decision for your future.
VIDEOS
Watch our videos to get a more in depth understanding of the reverse mortgage products.
WATCH & LEARN
Watch our videos to get a more in depth understanding of the reverse mortgage products.
Whether you want to purchase a new home or refinance, we have options for people aged 55+ in Oregon, Washington, Idaho, and California to meet their goals with no monthly mortgage payments required. Reach out today to learn more about how a reverse mortgage can be part of a balanced retirement portfolio.
Purchasing a Home with a Reverse Mortgage
Home Equity Conversion Mortgage (HECM) for Purchase (H4P) is a reverse mortgage that allows seniors aged 62 or older, to buy a new principal home using loan proceeds from a reverse mortgage. The HECM for Purchase Program provides the opportunity to purchase a new principal residence with HECM loan proceeds in a single transaction. The HECM loan does not require mortgage loan repayment until the borrower permanently leaves the home.
Reverse Mortgage expert Jeff Foody was featured on KOIN’s Wallet Wednesday on July 28th, 2022 to discuss how a reverse mortgage can be used as part of a robust retirement plan.
When planning for retirement, homeowners may have an option to use their home equity to fund their retirement plans and free up discretionary income. Jeff Foody with Northwest Reverse Mortgage was featured on KOIN’s Wallet Wednesday in July 2022 to discuss ways retirees and retiree hopefuls can use a reverse mortgage as part of a robust retirement plan that can allow for a greater quality of life.
After 100 days working with a large reverse mortgage lender in another state, these clients were fed up with the red tape and hubbub. A reverse mortgage horror story starts with inexperience, poor communication and lack of connection with your client. With a reverse mortgage, choosing a local provider can be the deciding factor on whether your experience is a reverse mortgage horror story, or an enchanting tale. Watch the video to see how one phone call with Northwest Reverse Mortgage changed everything for these clients.
Our President and Owner Jeff Foody MLO 253303 discusses what makes Northwest Reverse Mortgage different in this interview on KPTV FOX12 Local Business Spotlight.
For homeowners aged 55+, getting any mortgage is serious. At Northwest Reverse Mortgage, our job is to equip you with the information you need to make the optimal decision for your family; we are your local guide to a more secure future.
“Craig and Sylvia both take medication to stay in good health. The cost of monthly meds and treatments makes it difficult for them to find the money needed to maintain the quality of life they once enjoyed…”
