Reverse Mortgages in Maine

By
Mortgage and Lending with First Call Mortgage Company

FIRST CALL MORTGAGE COMPANY INC. OFFER REVERSE MORTGAGES FOR NEW HAMPSHIRE and MAINE SENIORS

 

Portsmouth, NH. April 2, 2007- First Call Mortgage Company' Portsmouth location is now offering Reverse Mortgages to New Hampshire and Maine home owners that are 62 years or older.

First Call Mortgage was one of the first companies to offer reverse mortgages, and continues to lead the industry in helping seniors use the equity in their home to achieve their personal goals. "Reverse mortgages can enhance the quality of life for many home owners who are on fixed or limited incomes, particularly in this economy," said James A. Jones, Director of Reverse Mortgages for First Call Mortgage. "I'm incredibly pleased to be leading such an important program" says Jones.

"We are very excited about adding Reverse Mortgages to our product offerings to help serve our clients in the New Hampshire and Southern Maine Market" said David Keslar, Portsmouth Branch Manager for First Call Mortgage Company. "We are continually offering educational programs, on reverse mortgages and we are seeing a significant interest from realtors, financial planners and estate planners who want to assist their clients so they can reach their personal goals" said Keslar.

About Reverse Mortgages.

With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay the loan each month.  The many advantages of reverse mortgages are:

•·         No income or credit verification is required to qualify

•·         The home owner retains ownership of home as long as they reside in the home

•·         There are no taxes on the income received from the reverse mortgage

•·         A reverse mortgage does not impact Social Security

•·         You will never owe more than the value of your home

•·          There are no mortgage payments as long as you reside in the home

Reverse mortgage can be used many ways such as:

•·         Augmenting a monthly income

•·         Purchasing an annuity

•·         Contributing to financial planning including estate planning and purchasing long term care insurance and life insurance

For more information, please contact David Keslar of First Call Mortgage Company 603-766-4940.

About First Call Mortgage
Founded in 2001, First Call Mortgage Company is a full-service mortgage company offering a diverse array of products fulfilling home lending needs. First Call's experienced loan professionals are dedicated in creating the perfect loan package for each client. First Call Mortgage Company has created a quick, accurate and efficient process for most financing situations including new home purchases, construction lending, second home financing, reverse mortgages, commercial financing and refinancing. First call offers numerous competitive programs to suit any borrower's needs. Headquartered in Andover, Massachusetts, First Call Mortgage Company is where you get the advantage of the best people, pricing and programs available. For more information visit First Call Mortgage Company online at http://www.ftmc.net. 

Licensed by the NH Banking Department

Maine License # SLB9277

Comments (2)

John Barry Seattle Washington Home Loans
Home Loans - Kirkland, WA
These are great mortgages for those with equity in their houses as there is no qualifying. Tons of questions and counseling.....but glad to see another company offer them! Best of luck for you!
Jun 18, 2007 09:03 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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