Reverse Mortgages in New York Done by Rick Cashman for FirstBank

A reverse mortgage is a unique tool designed for seniors who are age 62 and older. It allows qualified homeowners to access part of the equity in their homes as well as the freedom and comfort of the home they have known for so many years. Continue reading →

Dec 22, 2015 /prREACH/ -- Rick has over 30 years of experience in the financial services industry. After years working for JP Morgan Chase, he has retired and now dedicates his time and effort exclusively to the Reverse Mortgage field. Rick is now pleased to work as a Reverse Mortgage Specialist at FirstBank in New York.

Rick’s background in the traditional mortgage marketplace has been invaluable to his current work as a Reverse Mortgage Specialist. His experience working with financial and legal professionals helps him understand and the nuances of the reverse mortgage product and explain these details to his clients. He is passionate about helping his clients understand exactly how a reverse mortgage will fit into their retirement plans and if it truly is the best fit for them. He has worked with many seniors and their families to help them work through the financial and emotional issues that become more and more complex as people live longer.

A reverse mortgage is a unique tool designed for seniors who are age 62 and older. It allows qualified homeowners to access part of the equity in their homes as well as the freedom and comfort of the home they have known for so many years. Reverse mortgage borrowers are able to retain ownership of and the title to their home and they benefit from the equity have has been building in that home for years. FirstBank added its Reverse Mortgage Division in 2011 and has been helping improve the quality of life of people in retirement in 49 states.

FirstBank is a 107-year-old FDIC insured bank. It is a long-standing member of the Better Business Bureau where it holds an A+ rating. FirstBank is also a subscribing member of the National Reverse Mortgage Lenders Association (NRMLA), and an approved direct lender with the US Department of Housing and Urban Development (HUD).