Reverse Mortgage Alabama Home Page.

 Scott Underwood has been serving Central and North Alabama since 2007. Get Express Quote!

Why wouldn’t you work with a local expert?  The big lenders you see on television, with their celebrity endorsers, take several months to process reverse mortgages. Working with Reverse Mortgage Alabama and the New South Mortgage team, based in Huntsville, Alabama, Scott Underwood can start and finish your reverse mortgage in 30 days. Even if you’ve already started the process with another lender, it is possible for us to request your file from them and close your reverse mortgage faster! Contact Alabama’s Reverse Mortgage Guy, Scott for a free information booklet, illustration, or to schedule a consultation. 

A Reverse Mortgage or (HECM) home equity conversion mortgage loan is designed especially for seniors, age 62 and older to gain access to equity in your home for current use, with no monthly payments for as long as you live in the home. It is a way to eliminate your house payment, thus allowing you to supplement your monthly retirement income! Scott will take the time to thoroughly explain how the Reverse Mortgage works, and answer any questions you may have about your personal scenario. You will be provided with an illustration, answers to pros, cons, advantages, disadvantages, requirements, examples, interest rates of your reverse mortgage. With Scott’s experience, he will help you choose the best scenario for your financial future.

Reverse Mortgage Alabama’s partnership with New South Mortgage- only direct to consumer in state Reverse Mortgage lender with offices conveniently located in Birmingham and Huntsville. Please request an appointment with Scott Underwood at either location. Sometimes I am out at a client’s home. Scott is happy to meet with you in the comfort of your home between offices in locations such as Vestavia, Mountain Brook, Gardendale, Trussville, Pelham, Cullman, and Gadsden, Alabama.