OCEAN CITY — Generation Mortgage Company, the nation’s largest privately-owned reverse mortgage lender, is introducing John Walters, your local South Jersey Reverse Mortgage professional. Walters is dedicated to helping seniors enrich their lives with a reverse mortgage and has developed strong relationships in the local community.
“My goal is to provide each senior homeowner with a very positive and caring experience when they come to me for reverse mortgage information. Working together, I’ll provide estimates for the homeowner to determine which loan might be a good fit …we want this to be a trusted and educational process for them,” emphasized Walters.
As the popularity of reverse mortgages grow, senior homeowners are realizing they can remain in their homes and have additional income without taking on additional monthly mortgage payments.
An FHA-insured HECM (Home Equity Conversion Mortgage) is available to borrowers 62 or older which allows them to convert part of their home equity into cash without having to sell their home, give up title or make monthly mortgage payments. The homeowner continues to live in and maintain the home, pay taxes and insurance.
With its sole focus on reverse mortgages, Generation Mortgage offers seniors “A New Generation in Reverse Mortgages” and pledges to deliver outstanding customer service. They offer a variety of reverse mortgage loans including fixed, adjustable and FHA-insured products as well as their proprietary Generation Plus® jumbo reverse mortgage loan.
Call John Walters at 888-688-6144 or email at john.walters@generationmortgage.com and he can provide information for you to determine if a reverse mortgage is the right choice for you or your parents.
