Shop the best deals for reverse mortgages in Portsmouth, New Hampshire.
Reverse Mortgage Loan Officer
Find the best reverse mortgage deals in Portsmouth, New Hampshire.
Renee Duval and Fairway Independent Mortgage Corporation are one of Portsmouth’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 inPortsmouth have jumped 7.8 percent in the 12 months, taking average returns to $652,859* (https://www.zillow.com/home-values/53977/portsmouth-nh/).
Already, 369 people in and around Portsmouth have purchased a reverse mortgage with 29 buying one in the last 12 months*.
About Portsmouth, New Hampshire
Portsmouth is a picturesque city located on the coast of New Hampshire, with a population of over 20,000 residents. The city is steeped in history and known for its charming downtown area, scenic waterfront, and vibrant cultural scene.
One of the most popular attractions in Portsmouth is Strawbery Banke Museum, a living history museum that features over 40 historic buildings from the 17th to the 20th century. Visitors can explore the museum's gardens, interact with costumed interpreters, and learn about the city's rich history. Another must-see attraction is the USS Albacore Museum and Park, which showcases the history of submarine warfare and allows visitors to tour a decommissioned submarine.
Portsmouth also boasts a vibrant cultural scene, with several theaters, galleries, and museums. The Music Hall is a historic theater that hosts a variety of performances, from concerts to comedy shows. The Portsmouth Athenaeum is a membership library and museum that houses a collection of rare books and historical artifacts. Other popular cultural institutions include the Discover Portsmouth Center, which showcases the city's art, culture, and history, and the Seacoast Science Center, which features interactive exhibits and educational programs about marine life.
In addition to its attractions and cultural scene, Portsmouth is known for its charming downtown area, which features brick sidewalks, historic buildings, and a variety of shops and restaurants. Market Square is the heart of downtown, and features a range of locally-owned boutiques, galleries, and restaurants. The city is also home to several parks and outdoor spaces, including Prescott Park, which features beautiful gardens and hosts outdoor concerts and theater performances.
With its rich history, vibrant cultural scene, and charming downtown area, Portsmouth is a must-visit destination for anyone traveling to New Hampshire. Whether you're interested in history, culture, or outdoor activities, Portsmouth has something for everyone.
Contact your Portsmouth reverse mortgage lender today.
Please call her at (603) 255-5110 and she will be delighted to offer you some no obligations advice and guidance.
*As of April 2023
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