Jean Andersen:
CLASS OF 1969
North Miami Senior High SchoolClass of 1969
North miami, FL
Jean's Story
I got downsized at Wells Fargo and right now I am originating reverse mortgages for FirstBank. I help seniors with their retirement needs, and, in particular, my specialty is helping seniors evaluate their real estate assets as one part of their total retirement needs. This is an interesting loan program, since there is no credit qualifying, no ratios, no mortgage payment and you can live in the home until you die. Joanie and I just closed on the Reverse Mortgage which is also know as the Home Equity Conversion Mortgage (HECM).The Revers...Expand for more
e Mortgage Program can benefit seniors age 62 and older in many ways: It provides a solution for cash flow. Equity from home can be turned into monthly income for seniors; Line of credit option allows for funds to be used whenever needed, such as tax time, an unexpected home repair, purchase transactions; Allows seniors with low mortgages the freedom to pay that mortgage off and live in the home without ever having to make mortgage payments, etc. Let me know if you need any advise on this great loan program. jandersenatfirstbankonline.com
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