Shop the best deals for reverse mortgages in Manchester, New Hampshire.
Reverse Mortgage Loan Officer
Get the best reverse mortgage deals in Manchester, New Hampshire.
Renee Duval and Fairway Independent Mortgage Corporation are one of Manchester’s top teams to contact if you want great advice on reverse mortgages – from Suncook to Londonderry and throughout Hillsborough County.
Renee has worked in the housing finance industry for 35 years and has been a loan officer with Fairway since 2018.
She is now excited to offer financially challenged seniors in New Hampshire a rare opportunity to change their destiny with the power of a reverse mortgage.
When you meet Renee, you’ll appreciate her thoughtful, caring and understanding nature and quickly realize she is on your side.
She knows New Hampshire like the back of her hand, having been born in Nashua, raised in Merrimack and having enjoyed long summers in Hampton and Rye.
Renee married a man from Manchester and then lived and worked in Concord for 15 years before recently relocating to the Lakes Region.
Her family was originally from Massachusetts and she has relatives in Boston, Winchester, Braintree, Plymouth, Tewksbury and Springfield, just to name a few.
Renee truly is a local lender!
What is a reverse mortgage?
A reverse mortgage is an incredible product that has been changing the lives of retirees and seniors for years. But it still remains a mystery to lots of people.
Available exclusively to those 62 years and older, it is a unique kind of loan.
That’s because it allows homeowners to take advantage of the equity they have in their property and convert it into a brand new income stream - and all without having to sell up!
This means seniors or retirees can enjoy an unexpected boost to their standard of living and all from the comforts of their own home.
Funds can be made available in several different ways including a popular line of credit, monthly installments, a lump sum or a combination of all three.
Worries about having to downscale will literally disappear!
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 and Manchester is no different with a rise of 10.7 percent in the last 12 months taking the average value to $378,520* (https://www.zillow.com/home-values/5772/manchester-nh/).
Already, 468 Manchester residents have purchased a reverse mortgage with 28 buying one in the last 12 months*.
About Manchester, New Hampshire
Settled in 1722-23, Manchester has been known as Old Harry’s Town and Tyngstown before being incorporated in 1751 as Derryfield.
It appears to have landed with its current name in 1810 after merchant and inventor Samuel Blodget, who built the first canal around the falls, saw the similarity between it and the barge canals of Manchester, England and dubbed the city “the Manchester of America”.
The city was incorporated as Manchester in 1846 and it soon became home to the biggest cotton mill in the world.
French Canadians were drawn to the region to work in the mills and many of their descendants remain in the area.
The decline of the textile industry and growth of the city saw many Millyard canals filled in for roads in the 1950s and 60s.
The Millyard itself has more recently benefited from redevelopment, attracting both housing and business.
New Hampshire’s largest city lies along the Amoskeag Falls on the Merrimack River which supplies hydroelectric power.
Rich in art and culture, the Currier Museum of Art boasts Monet’s The Bridge at Bougival along with other European and American artists while outdoor enthusiasts love Livingston Park which even offers ice skating in winter.
Contact your Manchester reverse mortgage lender today.
Please call her at (603) 255-5110 and she will be only too pleased to help you in any way she can.
*As at December 2022
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