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.
Hal Edwards has a background in business management and cost-reduction strategies. After selling his own business in 2012 he became involved in the forward mortgage business then he ultimately gravitated toward reverse mortgages. He was intrigued by the challenge to protect seniors and help them plan for their future, which in many cases is also their heirs’ future. He now works as a Reverse Mortgage Specialist with FirstBank.
Hal is personally familiar with reverse mortgages as his mother acquired one in the 90s. His mother’s reverse mortgage allowed her the financial flexibility to travel the country and see friends and family who, in some cases, she hadn’t seen in decades. Hal saw how beneficial his mother’s reverse mortgage was for her and that is part of the reason why he is so passionate about the product he now offers with FirstBank. He loves working to help seniors enjoy their retirement to the fullest.
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 that 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).