Reverse Mortgages in Shoreham Done by Ed O’Connor for FirstBank

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

Aug 29, 2015 /prREACH/ -- Ed has over 30 years of experience in the financial services industry.  He initially began as a loan officer and then moved into the role of product manager for Chase Manhattan Bank.  He once owned his own accounting and tax practice long before he got involved in the mortgage industry.  He was also formerly the President of Advanced Funding Solutions Inc. in New York.  Ed attained his Certified Reverse Mortgage Professional (CRMP) designation back in 2010 and he is one of the few professionals in the industry to have done so.  Ed now works as a CRMP for FirstBank.

Ed has a Bachelor’s degree in Finance from the New York Institute of Technology and this degree has provided him with a great background for his current work as a reverse mortgage specialist.  He is also an experienced public speaker and is dedicated to educating people on the complex financial issues they may be facing as well as the options available to alleviate these troubles.  He currently lectures to many community, professional, and institutional groups and is an approved provider of CLR credit by the NYS Bar Association.

A reverse mortgage is a unique tool designed for seniors 62 and older.  It allows qualified homeowners to access part of the equity in their homes and the freedom and comfort of the home they have known for so many 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 ever since.

FirstBank is a 107-year-old FDIC insured bank.  It is also a long-standing member of the Better Business Bureau where it holds an A+ rating.  FirstBank is 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).