Fairway Independent Mortgage Corporation Extends Help for Seniors in Need

September 17, 2019 - /PressAdvantage/ - Fairway Independent Mortgage Corporation is extending their services to senior citizens in need in Hilton Head, Bluffton, Myrtle Beach and the rest of the Lowcountry, SC.

The company, through their website educated seniors in Hilton Head, Bluffton, Myrtle Beach and the rest of the Lowcountry, SC about today’s reverse mortgage options.

“The reverse mortgage is designed to help seniors to be qualified to convert a portion of their home equity into cash. The reverse mortgage has helped many homeowners and as long as all loan terms are met the home is still owned by the borrower,” the company explains on their website.

According to the article on Fairway Independent Mortgage Corporation, seniors that are 62 years or older, and have paid off their mortgage or have significant equity, are eligible for a reverse mortgage. They will no longer be required to pay a monthly mortgage as long as they, or their spouse, live in their home and keep the loan in good standing.

The amount that they will get will be based on a number of factors: the age of the youngest owner or eligible non-borrowing spouse, the home’s current market (appraised) value or $726,525, whichever is less, current interest rates, and current charges associated with the loan. They get to decide how they will receive the money--in lump sum payment, monthly cash flow payments, a line of credit, or a combination of the three.

As the trusted mortgage lender Bluffton SC, Fairway Independent Mortgage Corporation’s reverse mortgage lenders will be responsible for guiding the applicant through the entire process. The company reviews the individual’s situation to help determine which reverse mortgage product is right for them. The company will also request all the necessary documents from the applicant. They will be in constant contact with the client until the signing of the closing documents.

Find out more about reverse mortgage through Fairway Independent Mortgage Corporation’s website at www.lowcountryfairway.com. Their office is located at 181 Bluffton Rd., STE B103, Bluffton, SC 29910 and their phone number is 843-757-7552.


For more information about Fairway Independent Mortgage Corporation, contact the company here:

Fairway Independent Mortgage Corporation
Scott Ely
181 Bluffton Rd STE B103, Bluffton, SC 29910

ReleaseID: 60030859

More News From Walk To The Place

Trump scraps plan to host G-7 at his Doral golf resort

Oct 21, 2019

WASHINGTON — Responding to stinging criticism, President Donald Trump has abruptly reversed his plan to hold the next year's Group of Seven world leaders' meeting at his Doral golf resort in Florida. "I think he knows," his acting chief of staff said Sunday, "people think it looks lousy." Trump announced a rare backtrack Saturday night after facing accusations that he was using the presidency to enrich himself by hosting the international summit at the private resort owned by his family. "Based on both Media & Democrat Crazed and Irrational Hostility, we will no longer consider Trump National Doral, Miami, as...

Barrett falls vs Duke teammate Reddish, and Zion is next

Oct 21, 2019

NEW YORK — RJ Barrett kept misfiring, a rough start to his college reunion week at Madison Square Garden. Barrett did plenty of things well but not shooting, going 4 for 14 on Wednesday night in the New York Knicks' 100-96 loss to the Atlanta Hawks. Old teammate Cam Reddish left with a victory, but Barrett gets another chance for bragging rights among Duke rookies Friday, when Zion Williamson comes to town. Williamson, Barrett and Reddish were freshmen at Duke last season who went on to become top-10 NBA draft picks. Barrett, the No. 3 pick, and Reddish, taken 10th,...

Impeachment dominates, but much other work awaits Congress

Oct 21, 2019

WASHINGTON — Impeachment may have leapfrogged to the top of the national agenda, but members of Congress still have their day jobs as legislators, and they're returning to work this week with mixed hopes of success. It's a difficult-to-predict time when it comes to possible deals between President Donald Trump and House Speaker Nancy Pelosi, who's kicked off the impeachment inquiry. An important trade agreement has a pulse. An effort to deal with prescription drug prices seems stuck. Divided government has produced scant results thus far, except for a small-scale budget deal that lawmakers are struggling to put in place....

Long a New Mexico icon, Spanish conquistador faces attacks

Oct 21, 2019

ALBUQUERQUE, N.M. — The Spanish conquistador, a New Mexico icon that has long been celebrated in art and honored at festivals as a homage to Hispanic heritage, is under attack. A new generation of Native American and Latino activists in the state is demanding that conquistador images and reenactments be removed from schools, seals and celebrations. They say the figure's connection to colonialism and indigenous genocide makes the conquistador outdated. Elena Ortiz of the Native American advocacy group Red Nation says activists want the conquistador expunged from public spaces to revise the region's narrative about itself. She says the conquistador...

The Latest: Officials: Be kind to PG&E workers amid shut-off

Oct 21, 2019

SAN FRANCISCO — The Latest on power outages in California (all times local): 4:15 p.m. Authorities are asking the public to be kind to frontline utility workers in California as anger mounts against Pacific Gas and Electric over a power shutdown. PG&E is cutting power to customers in 34 counties as dry, gusty winds create dangerous wildfires conditions. The utility's faulty equipment was to blame for a deadly fire a year ago that killed 85 people and nearly wiped out the town of Paradise. Sacramento's KCRA-TV says the California Highway Patrol is investigating an incident Tuesday in Colusa County in...

Sign up now!

About Us

Walk To The Place offers travel news of popular destinations for travelers with the urge to explore these places.

Contact us: sales[at]walktotheplace.com

Subscribe Now!