Reverse Mortgage Loan Officers

Our rverse mortgag Loan Officers undergo comprehensive training in leveraging home equity as a fundamental component of a holistic retirement funding strategy. Their sole dedication revolves around these specialized loan options, with an unwavering commitment to enlightening individuals on securing financial stability during retirement.

Our primary objective is to arm you with the essential knowledge necessary to navigate the intricate landscape of retirement planning, all while harnessing the potential of home equity as a valuable financial asset.

It's worth noting that our reverse mortgage Loan Officers operate as brokers, working tirelessly in the best interests of our clients rather than being tied to any specific lender. This commitment reflects our fiduciary responsibility to you, our valued clients.

Jeff Foody is our president with over 2 decades as a reverse mortgage loan officer; he exemplifies the highest standards of service excellence. We encourage you to reach out without hesitation should you have any inquiries or require guidance on your journey toward a secure retirement. Your financial well-being is our utmost priority.

MLO #253303
President

Address:

10121 SE Sunnyside Rd.
Suite 300
Clackamas, OR 97015

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Jeff's journey in the reverse mortgage industry began in 2002, at a time when this financial concept was still relatively obscure. Over the years, he has played a pivotal role in the industry's transformation, witnessing the evolution from obscurity to widespread recognition and adoption. Today, thousands of homeowners aged 62 and older are benefiting from the financial opportunities offered by reverse mortgages, and Jeff has been at the forefront of this remarkable change.

Renowned as one of the nation's foremost experts on reverse mortgages, Jeff has made it his mission to educate and inform large audiences about the numerous advantages these financial tools can provide. His passion for the subject is evident in his frequent presentations, where he passionately articulates the benefits of reverse mortgages to eager audiences seeking financial empowerment and security.

In 2019, Jeff took a significant step in his career by establishing his own reverse mortgage brokerage, Northwest Reverse Mortgage. This milestone not only underscores his commitment to the industry but also reflects his dedication to providing tailored solutions and exceptional service to clients seeking financial stability and peace of mind.

Jeff's belief in the transformative power of reverse mortgages is unwavering, a belief so strong that it extends to his own family. Even his parents have embraced and are happily enjoying the advantages of a reverse mortgage, a testament to Jeff's genuine belief in the value these financial instruments can bring to people's lives. Through his expertise, dedication, and personal commitment, Jeff has become a driving force in the reverse mortgage industry, empowering countless individuals and families to unlock the full potential of their financial futures.

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Licensing

© 2019 Northwest Reverse Mortgage, LLC NMLS #1834787

Licensed in Oregon, Washington, California and Idaho

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

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

Hours:
MON-FRI 8AM - 5PM

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Contact Us

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

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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.