Shop the best deals for reverse mortgages in Concord, New Hampshire.
Reverse Mortgage Loan Officer
Find the best reverse mortgage deals in Concord, New Hampshire.
Renee Duval and Fairway Independent Mortgage Corporation are one of Concord’s very best teams to contact if you are seeking top quality advice on reverse mortgages – from Hopkinton to Chichester and throughout Hillsborough County.
Renee is a doyen of the housing finance industry, having worked in the business for 35 years.
She has been a loan officer with Fairway since 2018 and is devoting her time to helping financially challenged seniors in New Hampshire with life-changing reverse mortgages.
When you meet Renee, you’ll quickly come to appreciate her pleasant, calming demeanor.
Renee was born in Nashua, grew up in Merrimack, spent many weekends vacationing in Hampton and Rye and knows the New Hampshire market intimately.
She married a Manchester man and lived and worked in Concord for 15 years before recently moving to the Lakes Region.
Her family hails from Massachusetts and she has relatives all over the region.
If you are seeking a local who you can trust, Renee fits the bill.
What is a reverse mortgage?
A reverse mortgage is a dynamic product that has been transforming the lives of retirees for years.
Yet there remains a great deal of apprehension and misunderstanding about it.
It is available exclusively to seniors 62 years and older and is a very special kind of loan with some unique benefits.
What it does is allow homeowners with a level of equity in their homes to harness that money and convert it into a brand new income stream.
That gives them the opportunity to continue living in the comforts of their own home without the unpleasant consideration of having to downscale, just to see out their retirement.
A reverse mortgage will also offer them a significant boost to their standard of living.
Funds can be transferred in several different ways including a line of credit, monthly installments, a lump sum or a combination of all three.
As long as the terms of the loan are met, it does not require repayment until either the homeowner sells or the last surviving borrower passes away.
It’s one of the smartest ways homeowners can enjoy their golden years with a standard of living they may not have imagined possible.
House prices have risen significantly in the last couple of years.
The value of properties in Concord have jumped 8.8 percent in the 12 months, taking average returns to $356,210* (https://www.zillow.com/home-values/37995/concord-nh/).
Already, 147 people in and around Concord have purchased a reverse mortgage with 14 buying one in the last 12 months*.
About Concord, New Hampshire
“Concord” - a state of agreement or harmony according to the Merriam-Webster dictionary.
And so the town was named in 1765 by Governor Benning Wentworth after a long and acrimonious battle for territory.
Incorporated as Rumford in 1733, it fell into dispute with the town of Bow and was claimed by the Province of New Hampshire in 1741, triggering legal action that ended before the Privy Council of England.
The matter was not settled until 1762 after which people affected by the border realignment were compensated with land elsewhere.
In 1775, it was the flashpoint of the American Civil War where the Battles of Lexington and Concord famously became the scene of the “shot heard round the world”.
By 1808, Concord had become the state capital of New Hampshire.
The railroad and textile industries were important to Concord in the 19th century but today, it is better known for its relevance to the space industry following the opening of the McAuliffe-Shepard Discovery Center in 1990.
Christa McAuliffe, who died in the 1986 Space Shuttle Challenger Disaster was a teacher in Concord.
Visitors to Concord may also like to see the home of Pierce Manse, the 14th President of the United States.
Contact your Concord reverse mortgage lender today.
Renee and her Fairway Independent team are standing by to answer your every question about reverse mortgages.
Please call her at (603) 255-5110 and she will be delighted to offer you some no obligations advice and guidance.
*As of March 2023
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