Utah Reverse Mortgage team

04/09/2020

Mortgage forbearance. What if there is a mortgage program out there and lets you have a loan and never have to make a payment.
That is the goal of the reverse mortgage. You can own a home, have a mortgage and never have to make a payment. You can make a payment if you would like, yet you are never late if you don't.

Paul Carlin
NMLS #308194
801-742-5387
Fairway Independent Mortgage

04/09/2020

Mortgage forbearance. What if there is a mortgage program out there and lets you have a loan and never have to make a payment.
That is the goal of the reverse mortgage. You can own a home, have a mortgage and never have to make a payment. You can make a payment if you would like, yet you are never late if you don't.

Paul Carlin
NMLS #308194
801-742-5387
Fairway Independent Mortgage

03/12/2020

03/12/2020

Is you home an investment?

Of course it is, but how do you use the value in that home other than selling it?

This is what a reverse mortgage does!

It unlocks that investment by turning it into an accessible cash account. No other tool lets you use the funds in your home with also creating an obligation ( Monthly mortgage payment).

Paul Carlin
NMLS #308194
Fairway Mortgage

02/28/2020

Reverse Mortgage Myth busting

Reverse Mortgage are a bad deal because the Big Bad Bank takes your home!

Not True

I break down how a reverse mortgage works and show how the bank does not take your home. They only want the money they lent plus interest.

Paul Carlin
NMLS #308194
801-742-5387
Fairway Independent Mortgage

02/28/2020

Reverse Mortgage Myth busting

Reverse Mortgage are a bad deal because the Big Bad Bank takes your home!

Not True

I break down how a reverse mortgage works and show how the bank does not take your home. They only want the money they lent plus interest.

Paul Carlin
NMLS #308194
801-742-5387
Fairway Independent Mortgage

02/20/2020

When is the last time you looked at your car inusrance, home insurance, cell bill or mortgage rate?

Doing a annual review is a great way to make sure you have the best still at the best price. My car insurance company changed systems and is now rating older policies higher than new ones. One phone call saved me over $700 a year in car and home owners insurance costs.

What about your mortgaege? When is the last time you took a look to see if you can get a better rate, lower the term of your loan or remove mortgage insurance?

Call me to to do a annual review of your mortgage. Even if you bought your house a year ago, we can save you money.

Paul Carlin
NMLS #308194
Fairway Indepent Mortgage.

02/14/2020

What do you give up in an effort to payoff your house before you retire?
Paying off you house means you put money into a asset that does not compoud. What do you loose when you do that? I go over a few senerios to help people understand this new idea of using a revese mortgage to help increase your wealth and cash flow in retirment.

Paul Carlin
NMLS #302194
Fairway Mortgage

02/05/2020

Learn how a reverse mortgage can help you buy a home, payoff a mortgage that is costing money each month or do other financial planning stragies.

02/05/2020

I gave a presentation last week about reverse mortgages and where they could be use. Many people asked me to record this so they could see it again.

To summarize,
1. Use a reverse to buy a new home.
2. Use a reverse to pay off another mortgage, freeing up your monthly cash flow so you can retire comfortably.
3. Use is as a planning tool to pay the taxes on a Roth IRA conversion.
If you are 62 or older or know someone who is, lets talk about how a reverse mortgage can free up your cash flow, lower taxable income and help you insure you don't outlive your money.
Fairway Independent Mortgage
NMLS #308194
801-742-5387