Your Reverse Mortgage Expert
This Reverse Mortgage Calculator has been designed to help take the guess work out of your Reverse Mortgage research.
Reverse Mortgages are all that Scott handles every day. If you’re looking for an experienced local Reverse Mortgage expert, then look no further. The entire process is handled here in Alabama, so all your money stays in Alabama, and your Reverse Mortgage closes faster.
Reverse Mortgage Alabama has been exclusive to the Reverse Mortgage or HECM (Home Equity Conversion Mortgage) program in Birmingham and Huntsville since 2007. I am honored to serve homeowners age 62 and older throughout the South. We are dedicated to helping you leverage the power of your home equity to achieve greater financial independence.
Many of my clients say ” I didn’t know of a Reverse Mortgages broker that was local. Some have called a long-distance lender and didn’t like their initial conversation, so after a little more searching they find Reverse Mortgage Alabama and Scott underwood – your local highly experienced expert representing many top lenders that will work with you to find the best product to fit your individual needs.
In recent years and with significant improvements made to the program, Reverse Mortgages have become a smart and safe way for seniors to be better financially prepared for the future – and live more comfortably. This equity-based retirement solution can be used to pay off an existing mortgage or home equity loan, supplement your retirement income, reduce monthly expenses such as car payments or credit cards, establish a cash reserve for future needs, or fund in-home care needs. A Reverse Mortgage Purchase is a way for seniors to relocate or rightsize to another home. Reverse Mortgage free calculator is to give you an idea of what is available to you, but usually I can get a feel for your individual needs and find a better deal for you- so please use this as a tool only; don’t think this is all that is available. In home care solutions.
Please consider Scott Underwood your HECM Reverse Mortgage resource. We invite you to contact us if you have any question or would like a fast no hassle Reverse Mortgage illustration. Scott is always happy to share his expertise, answer all your questions, and help determine if a Reverse Mortgage is a good financial solution for you! Read Financial Planning News.
Why wouldn’t you work with a local Reverse Mortgage expert? Scott will take the time to thoroughly explain how the Reverse Mortgage works, answer any questions that you may have about your personal financial situation and your specific goals. Watch this Reverse Mortgage video educational series.
If you have already started the process with another Reverse Mortgage lender; long distance and you aren’t happy with the service, we can transfer it!
Call Scott Underwood at (205) 908-2993 or (256) 677-9767 or make an appointment and come by a Reverse Mortgage Alabama office; either in Birmingham, Huntsville, or Mobile. We also will make house calls to Chelsea, Trussville, Gardendale, Pelham, and the greater Birmingham area. The Huntsville office covers the surrounding areas such as Decatur, Athens, and the greater Huntsville area. Especially these great top Alabama retirement cities such as Auburn, Tuscaloosa, Calera, and Madison, AL.
Address:
204 Griffin Park Drive
Birmingham, AL 35242
(1-205) 908-2993
reversemortgagealabama@gmail.com
315 N. Jefferson Street Huntsville, AL 35801
(1-256) 677-9767
reversemortgagealabama@gmail.com
Scott Underwoood #206339
SMG # 221195
**The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, you are required to consult with a qualified independent housing counselor and include family members and other trusted advisers before making this decision. This information is not from HUD or FHA and was not approved by HUD or any government agency.