Reverse Mortgage Alabama | Birmingham | Huntsville

Reverse Mortgage Alabama has been exclusive to the Reverse Mortgage or HECM (Home Equity Conversion Mortgage) program in Birmingham & Huntsville, and Mobile / South Alabama since 2007.

I am honored to serve homeowners aged sixty-two plus throughout the South and I am dedicated to helping you leverage the power of your home equity to achieve greater financial independence. The 2023 limit for FHA Reverse Mortgages has been raised to $1,089,300!!! The threshold is much higher before you need a jumbo now. I now have a Reverse Mortgage recorded information line; call (205) 880-0929.  Ask me about 55 and up Reverse Mortgages and Jumbo’s for over 1.1 million dollar homes! 

We close Reverse Mortgages fast- our running average is 20-30 days; from calling me until sitting at closing! Don’t get less dealing with the slow out of town lenders, we represent many of the top lenders, but we handle the process locally until after closing; making us 2-4 times as fast to close.

FAQ LINKS  What is a Reverse Mortgage    Reverse Mortgage Purchase.  to be used to buy your next home with a Reverse Mortgage. Educational Video Series Smart Reverse  has short videos to answer Reverse Mortgage questions. Should I consider a refinance or Reverse Mortgage.

If you have already started the process with another lender; possibly long distance and you are not happy with the service (some hand your file off to 10 people, I work with you the whole time), I can transfer everything in 3 days- title work, counseling certificate, and appraisal (if done already). Deal with your local expert with years of  Reverse Mortgage only experience who will give you one on one service!

I will go over how the Reverse Mortgage works, pros and cons, answer any questions that you may have about your personal financial situation and your specific goals, reverse mortgage rules, reverse mortgage examples, and any other questions. I have been though elder care planning, have a good handle on V.A. benefits, I have personally been a caregiver, and know more than most anyone about any senior concern. I am extremely experienced in using a Reverse Mortgage to fund keeping a loved one at home. Please contact me you to contact me for fast no hassle Reverse Mortgage information and an illustration.

I am dedicated to helping you leverage the power of your home equity to achieve greater financial independence. 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: Supplement your retirement income, reduce monthly expenses such as car payments or credit cards, establish a cash reserve for future needs, fund in-home care needs, preserve your retirement portfolio, strategic tax planning, and other things. (Look under blogs and news). I do have a calculator for quick Reverse Mortgage quotes to give you a rough estimate, but I have the top lenders and can always find you the best deal and much lower closing costs.

As Vice President of Reverse Mortgage Alabama the senior lending division of SMG Mortgage (“Alabama top three lender 5 years in a row”) and we have been n business since 2007. I LOVE WHAT I DO and the majority of my business is based on referrals so it is my goal to provide a pleasant experience all the way through the loan process. Please think of me as your local go to for all Reverse Mortgage needs, plus we are hard to beat on Conventional, FHA, VA, USDA, Commercial, and Investment property mortgages and re-finances.

SMG Mortgage is a direct lender but unlike most banks we are able to sell or broker our loans to multiple investors allowing us to insure our clients get the best deal for their situation and not a one-size-fit all program. This allows SMG Mortgage to offer rates, programs and fees that are among the most competitive in the industry being a direct lender,  but unlike most banks we are able to sell or broker our loans to multiple investors allowing us to insure our clients get the best deal for their situation and not a one-size-fit all program.  

From our Eagle Point / Birmingham office we make house calls to Vestavia, Mountain Brook, Chelsea, Trussville, Gardendale, Pelham, Alabaster, Calera, and the greater Birmingham area – as far down as Montgomery. The Huntsville office covers the greater Huntsville / Madison area and Decatur, Scottsboro, Gadsden, and Anniston. I also cover the remainder of the state: places such as Mobile, Gulf Shores, Daphne, Fairhope, and Dothan, Alabama. We also serve Georgia, Mississippi, Tennessee.

Reverse Mortgage Alabama has been helping Alabama homeowners decide if a Reverse Mortgage would “help” towards retirement needs, pay for in home care, or eliminate a mortgage payment since 2007. Call Scott Underwood at (205) 908-2993 in Birmingham or (888) 220-0393 to make an appointment or for a talk where I can answer questions. Video calls using Zoom, Google Meet, Facetime, DUO for Android, or conference calling.