Your Local Reverse Mortgage Experts: Northwest Reverse Mortgage

Your Local Reverse Mortgage Experts: Northwest Reverse Mortgage

When you’re looking for a knowledgeable, friendly team to guide you through the reverse mortgage process, Northwest Reverse Mortgage is the team you’ll love! We opened in 2019, ready and eager to serve the retirees and retiree hopefuls of our communities with options to release home equity as cash or a line of credit to make your later years, your greater years. By the end of 2019, we were already Oregon’s leading reverse mortgage brokerage, holding the #1 space for production quarter over quarter. Our experience in the reverse mortgage industry is so deep, they say our blood flows in reverse! With over two decades in this industry, our owner, Jeff Foody leads a dedicated team of professionals who are focused on guiding you to a more secure future.

We are a specialty brokerage offering reverse mortgages exclusively. We have relationships with various lenders in the reverse mortgage space and can offer every proprietary and HECM reverse mortgage program available in Oregon, Washington, Idaho, and California. We have local loan officers in each area who are dedicated to serving the aged 55+ members of their communities with options to fund retirement dreams. As a broker, we work diligently to guide you with the education and information you need to empower you to make the optimal decision for your situation.

Years of Experience

We are passionate about assisting our clients! Our dedication to high-quality customer service and personalized, efficient reverse mortgage solutions is at the heart of everything that we do. We have the experience and drive to help you achieve your personal financial goals! As of 2022, we have saved our clients over 3 million dollars in monthly mortgage payments collectively, and that number continues to grow. How much could we save you in monthly mortgage payments?

How It Works

We pledge to you that we will ensure transparency with every step and provide you with accurate and timely information so you can make educated, informed decisions. We start by discussing your circumstances and goals. Then work together to create a plan that is best suited to your individual needs. With the guidance of our qualified and knowledgeable team, you will feel at ease with your decision.

Whether your goal is to refinance your current residence, purchase a new home, or access some of your equity with a proprietary jumbo reverse, we are thoroughly experienced in every type of reverse mortgage.

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Here for You

Northwest Reverse Mortgage is here when you need us! We will be there for you through the entire personalized reverse mortgage process and move at a pace that works for you. We never rush you or pressure you to decide before you’re ready. After all, — it’s your future we’re working with.

Our goal is to empower you with the knowledge you need to make the best decision for your family. We take our job as your local reverse mortgage experts very seriously and look forward to the opportunity to guide you to a bright, secure future.

When you work with us, we ensure that you will be comfortable with this decision and educated about the loan process. You will be working with some of the most experienced reverse mortgage professionals in the reverse mortgage industry. Our team of experts will focus on collecting and reviewing your documents and preparing your loan for underwriting approval. Read about our process on our website here to get an idea of what you should expect when choosing Northwest Reverse Mortgage as your broker.

 To apply for a loan with us, fill out the form on this page or call us directly at 800-806-1472.

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Licensing

© 2019 Northwest Reverse Mortgage, LLC NMLS #1834787
Idaho Branch #2123574

Licensed in Oregon, Washington, California and Idaho

Number:
Office: (800) 806-1472
Toll Free: (800) 806-1472
Fax: (541) 253-4370

Washington Local Contact:
(253) 237-1996

California Local Contact:
(650) 844-6655

Central/Southern Oregon Contact:
(541)226-3757

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Contact Us

Northwest Reverse Mortgage
10121 SE Sunnyside Rd
Ste 300
Clackamas, OR 97015
Phone: (503) 427-1667

Idaho Branch
950 W Bannock St
Suite 1100
Boise, ID 83702
Phone: (208) 635-0806

California Branch
17901 Von Karman Avenue
Ste 600
Irvine, CA 92614
Phone: (650) 844-6655

Hours:
MON-FRI 8AM - 5PM

Mortgage Brokers

Gresham Area
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Northwest Reverse Mortgage, LLC. ML- 5797/ CL-1834787/ DFPI# 60DBO-140333. Equal Opportunity Mortgage Broker licensed in Oregon, Washington, Idaho and California. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Credit on approval. Terms subject to change without notice. Not a commitment to lend. Contents not provided by, or approved by FHA, HUD or any other government agency. All potential tax benefits should be verified with a professional licensed tax advisor. NMLS Consumer Access

At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.