Business Details
7 Years
experience
Your Trusted Reverse Mortgage Partner in Happy Valley, OR
Established in 2019, Northwest Reverse Mortgage was founded to provide tailored reverse mortgage solutions. Our team specializes exclusively in reverse mortgages, leveraging decades of combined industry experience to serve clients across 20+ U.S. states. We prioritize transparency, personalized guidance, and local expertise, ensuring clients understand all aspects of reverse mortgage programs. Our streamlined application process includes initial consultation, document review, and underwriting support, with a focus on empowering homeowners aged 55+ to make informed financial decisions. As a locally owned brokerage, we emphasize ethical practices, client education, and timely closings, maintaining partnerships with leading lenders while adhering to strict regulatory standards. Services
Reverse Mortgage Loans
HECM Programs
Proprietary Mortgages
Jumbo Reverse Mortgages
Purchase Financing
Refinance Options
Document Assistance
Eligibility Assessments
Loan Counseling
Local Brokerage Services
Details
- Year established: 2019
Highlights and features
- We offer 20+ years of reverse mortgage expertise from owner Jeff Foody.
- Our local team provides personalized guidance through complex loan processes.
- 100% customer satisfaction rate with competitive rates and timely closings.
- Licensed in 20+ states with access to all major reverse mortgage programs.
- We maintain transparent communication from application to closing.
What people say
Extremely knowledgeable
Very professional
100% customer satisfaction
Competitive rates
Close on time
Services
Reverse Mortgage Loans
Reverse mortgage loans allow homeowners aged 55+ to convert home equity into tax-free funds without monthly payments. Clients can use proceeds for retirement income, home improvements, or medical expenses while retaining ownership. Our specialists guide clients through HECM, proprietary, and jumbo loan options tailored to financial goals.
HECM Programs
HECM (Home Equity Conversion Mortgage) programs offer FHA-insured reverse mortgages for homeowners 62+. These loans pay off existing mortgages, provide cash reserves, or fund home purchases. We explain eligibility requirements, interest rate impacts, and disbursement options including lump sums, monthly payments, or credit lines.
Proprietary Mortgages
Proprietary reverse mortgages serve high-value property owners with loan amounts exceeding FHA limits. These non-FHA insured programs offer flexible terms for luxury homes or unique real estate situations. Our team compares proprietary products from multiple lenders to find optimal solutions for clients with significant home equity.
Purchase Financing
Purchase financing enables seniors to buy new primary residences using reverse mortgage proceeds. This HECM for Purchase program requires 40-50% down payments while eliminating monthly mortgage obligations. We assist with property selection, loan structuring, and closing coordination for seamless transitions to new homes.
Refinance Options
Reverse mortgage refinance options help homeowners increase equity access or eliminate existing mortgages. Clients benefit from improved loan terms, lower interest rates, or enhanced financial security. Our process includes equity analysis, document preparation, and timely underwriting to maximize client benefits.
People
Jeff Foody
President and Owner
Jeff Foody, NMLS 253303, brings 20+ years of reverse mortgage expertise to Northwest Reverse Mortgage. As founder, he specializes in HECM, proprietary, and jumbo reverse mortgage programs while maintaining active industry education through media appearances and client counseling.
Questions
What reverse mortgage programs do you offer?
We offer FHA HECM, proprietary, jumbo, and purchase reverse mortgage programs tailored to retirement financial needs.
How do I qualify for a reverse mortgage?
Qualification requires homeowners aged 55+, sufficient home equity, and property maintenance capability for taxes and insurance.
Can I use a reverse mortgage to buy a home?
Yes, HECM for Purchase allows seniors to buy new primary residences with reduced down payments and no monthly payments.
What are your closing timelines?
Our average closing time is 10 days, with expedited options available for urgent real estate transactions.
Do you service multiple states?
We operate in 20+ states including Oregon, Washington, Idaho, and California with local market expertise.
How are your customer service ratings?
We maintain a 100% customer satisfaction rate with personalized support throughout the entire loan process.
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