Fairway Independent Mortgage Corporation - Fairway Reverse

10/16/2026

More Homebuying Options for Older Adults. More Opportunities for You.

Did you know a reverse mortgage can be used to purchase a home—not just refinance one?

Join Fairway for a FREE 1-hour webinar designed to help real estate professionals discover how the HECM for Purchase (H4P) can help eligible homebuyers age 62+ purchase their next home in a cash-flow efficient way.

Monday, October 26, 2026
2 PM ET | 1 PM CT | 12 PM MT | 11 AM PT

Register today!
https://fairwaymc.zoom.us/webinar/register/WN_KcllMVL3SX-5v9JVn1tE9A

10/14/2026

Unlike a traditional mortgage, a Home Equity Conversion Mortgage (HECM) requires no monthly principal and interest payments. Repayment is generally deferred until the last borrower sells the home, permanently moves out, or passes away.

Here's what you should know:

- No required monthly principal and interest payments. Voluntary payments are always an option.
- The loan balance grows. Interest, mortgage insurance premiums, and additional funds borrowed increase the balance.
- Homeownership responsibilities remain. Borrowers must pay property taxes, homeowners insurance, applicable HOA dues, and maintain the home.
- Remaining equity belongs to the homeowner or estate after the loan is repaid.
- Built-in protections apply. HECMs are non-recourse loans, and eligible heirs may keep the home by paying the lesser of the loan balance or 95% of its appraised value.

The takeaway? Deferred repayment can help eligible older homeowners improve monthly cash flow while maintaining homeownership and preserving financial flexibility.

10/12/2026

When life happens, could your home equity help create more options?

Health challenges. Caregiving needs. Unexpected expenses. Retirement uncertainty.

For many older homeowners, one of their largest financial resources is also one of the most overlooked: home equity.

In our latest guest blog, Fairway's Kristy Osborn (NMLS # 999896) explores why home equity deserves a seat at the table when navigating life's unexpected challenges—and how solutions like reverse mortgages may help create greater financial flexibility.

Your home may hold more possibilities than you realize.

Read Kristy's insightful article to learn more! https://fairwayreverse.com/blog/home-equity-retirement-older-adults/

10/07/2026

Your work can make a meaningful difference in the lives of older homeowners. Shouldn’t you have a company equally committed to your success?

At Fairway Reverse, our loan officers have access to the support, tools, training and resources they need to grow their business while helping more people explore ways to make the most of retirement.

Ready to see what your career could look like at Fairway?

Explore opportunities today!

10/05/2026

A common misconception is that the lender automatically takes the home. That’s not how a federally insured Home Equity Conversion Mortgage (HECM) works.

When the loan becomes due and payable following the death of the last surviving borrower, the estate or heirs have options.

They may choose to refinance the loan and keep the home. Or they may choose to sell the home and use the proceeds to satisfy the HECM debt. If the home is worth more than the loan balance, any remaining equity after the loan and applicable selling expenses are paid belongs to the estate.

If the loan balance exceeds the home’s value, eligible heirs who want to keep the home may have the option to satisfy the HECM for 95% of the home’s current appraised value. And if there is no economic benefit to selling the home, heirs who don’t wish to keep it may be able to sign a deed in lieu of foreclosure and walk away from the home.

The key takeaway: A reverse mortgage doesn’t automatically mean giving up the home, or the equity that remains in it.

10/01/2026

When you’re retired, even small changes in borrowing costs can matter.

A Fed rate hike can quickly affect variable-rate debt such as credit cards and HELOCs, potentially putting additional pressure on monthly cash flow.

Reverse mortgages work differently. While interest rates affect the loan and balance growth, borrowers generally aren’t required to make monthly principal and interest mortgage payments. Repayment can typically be deferred as long as the borrower lives in the home and meets the loan requirements, including paying property taxes and homeowners insurance and maintaining the home.

In retirement, how and when debt must be repaid can matter just as much as the interest rate itself.

09/29/2026

Thinking about buying a home after 62? You may have more options than you realize.

In our latest guest blog, Fairway’s Genie McGee explores three ways to finance your next home—including one lesser-known option that could help eligible buyers preserve more of their savings and improve monthly cash flow.

Read Genie’s guest post to learn more.

Explore three ways to buy a home after 62—and discover how a lesser-known option could help preserve cash and improve retirement cash flow.

09/25/2026

Retirement preparedness can affect more than one generation.

New research from the Center for Retirement Research at Boston College found that a parent’s retirement preparedness is the strongest predictor of whether adult children provide financial support.

While those providing assistance are generally better positioned financially, lower-income adult children may experience a greater impact on their own retirement and housing wealth.
It’s another reminder that retirement planning isn’t always just an individual issue, it can become a family one.

09/23/2026

Like any mortgage, a reverse mortgage comes with ongoing borrower responsibilities. Borrowers must meet the requirements of the loan, including paying property taxes and homeowners insurance, maintaining the home, and continuing to occupy it as their principal residence. Failure to meet these obligations may cause the loan to become due and payable and could ultimately lead to foreclosure.

Today’s HECM reverse mortgages also include consumer safeguards that weren’t always in place. These include a financial assessment requirement introduced in 2015 to evaluate a borrower’s ability to meet ongoing loan obligations, as well as protections that may allow certain eligible non-borrowing spouses to remain in the home after the borrower passes away.

Understanding the responsibilities, and the protections, is an important part of understanding how a reverse mortgage really works.

09/21/2026

FREE 1-Hour Educational Webinar
YOUR HOME. YOUR EQUITY. YOUR RETIREMENT.
How Today’s Reverse Mortgages Can Create More Financial Flexibility

TODAY! Monday, September 21, 2026, 11 AM PT | 12 PM MT | 1 PM CT | 2 PM ET

You’ve spent years building equity in your home. Could a reverse mortgage help you put it to work in retirement?

No pressure. No sales pitch. Just straightforward information to help you make a more informed decision.

Register now:

During this free 1-hour educational webinar, we’ll cover how today’s reverse mortgages work and how eligible homeowners and homebuyers may be able to use them to: • Improve monthly cash flow • Access home equity for greater financial flexibility • Complement other retirement resources • ...