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Chris Mollison
Reverse Loan Consultant
Phoenix, Arizona Area | Mortgage
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NMLS Consumer Access © New American Funding.
All Rights Reserved. NMLS ID#6606. Corporate Office: 14511 Myford Road, Suite 100, Tustin, CA 92780. 800.450.2010 Licensing
About Chris Mollison
Currently licensed to originate loans in Arizona and Michigan. As a licensed Reverse Mortgage Consultant, I devote my entire focus on the HECM (FHA insured reverse mortgage) product. The fact is that a reverse mortgage may not be the right solution for everyone, but for some, the product can provide an unforeseen life changing benefit in the years leading up to and during their retirement. If you know someone seeking a reverse mortgage, encourage them to: 1. Seek a trusted reverse mortgage source(several HECM product designs available depending on needs) 2. Determine their eligibility 3. Discuss both short term and long term needs with their trusted source 4. Determine if the HECM product is their best option over other traditional financing Popular HECM uses: - supplement retirement income - refinance current mortgage to eliminate monthly mortgage payment obligation - Standby HECM HELOC for emergency or future usage needs - Make home improvements to home - Maintain current lifestyle without drawing down liquid assets - Purchase HECM to right-size home to meet changing retirement needs - FHA insured, non-recourse loan as a safeguard against fluctuating market conditions Personal NMLS 490020