Get More Listings with the Reverse Mortgage for Purchase

According to the NAR Generational Trends Report, in 2021 51% of home sellers and almost 40% of home buyers were baby boomers or older! This older demographic has different needs and goals than younger buyers and sellers and we need to have different tools and options to meet their goals of retiring where, when, and how they desire.

Our reverse mortgage for purchase loans allows people aged 55 + to expand buying power and purchase a new home with no monthly mortgage payments for life.  These loans can allow you as a real estate agent to sell more homes and even get more listings since many seniors are hesitant to sell because they don’t think they have any options to purchase a different home and be financially stable on their fixed income – Our loans make this possible!

CE Invite for REA (1)

Better serve your older clients with loan options made just for them. Real estate agents who attend our class leave with new options for their clients aged 55+ and new ideas on how to market to this huge demographic. Fill out the form below or email us at Info@nwreverse.com to sign up for our next class or request a class for your office.

CE credit available in OR, WA and ID and will be arranged by one of our favorite local title companies.

Jeff is a very good instructor, engaging as well as informative and interesting.  I have been to several of his classes and learn something new each time. His knowledge of the reverse mortgage world is vast but his presentation of the information is easy to grasp.  Some of the best classes I have attended.”

 

-Diane Cross, Principal Broker, The Associates Real Estate, inc. Prineville, Oregon

Jeff does a fantastic job of dispelling the rumors and fake news surrounding reverse mortgages. In the right situation, a reverse mortgage might be the perfect tool in a difficult situation.”

 

– Brad Eaton, Real Estate Agent, ExP Realty, Hillsboro, Oregon

I HIGHLY RECOMMEND Northwest Reverse Mortgage and their CE classes! I was so impressed with all of the information that Jeff Foody offered re: the updates to reverse mortgage lending. It definitely is a new and improved program and I was thrilled to learn that they now have programs that will help my clients with purchasing! The way he explained how easily they could go through the process compared to a bridge loan had me calling some of my clients and even family members to share the news. They have wonderful classes that will help with options for those you know that may want to age comfortably in place or may need the funds to help with downsizing. Breazy, who handles his Business Development, is an absolute light to this world. Her energy and loving care she shows each client always has me leaving every conversation with such good energy. You will be wowed and appreciate all this team offers in the form of loving kindness to our seniors and the timely education topics for professionals!”

 

- Veronica Park, Principal Broker at Cascade Hasson Sotheby’s International Real Estate in Lake Oswego and President of the Women’s Council of Realtors in Portland Oregon

Not only is the topic of reverse mortgages an uber-compelling solution for the demographics and economics of our current society, but Jeff Foody as a presenter is a phenomenal experience.  Watching a presentation by Jeff is the perfect fusion between information and entertainment. He takes a topic that has the potential to be complex and simplifies it down to where anybody and everybody understands it and enjoys the process. I highly recommend that anyone that wants to learn more about reverse mortgages should connect with Jeff and his team at Northwest Reverse Mortgage.

 

– Justin Stoddard, CEO | Consultant | Coach at Think Bigger Real Estate and author of The Upstream Model

Want to keep up to date on the latest reverse mortgage news and information?
Sign up for our email newsletter here!

Follow Northwest Reverse Mortgage On Social Media

Northwest-Reverse-Mortgage-Logo

Call or Text Your Local Professional Now!

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

Hours:
MON-FRI 8AM - 5PM

Equal Housing Opportunity Logo

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 642
Irvine, CA 92614
Phone: (650) 844-6655

Washington Branch
1420 Fifth Ave
Ste 2200
Seattle, WA 98101
Phone: (253) 237-1996

or_portland_mortgage-brokers-lenders_2021_transparent
Gresham Area
WCCC_Member_Logo-removebg-preview
Proud Partner with box175

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.