Business Details
18 Years
experience
Reverse Mortgage Solutions in West Jordan, Utah
Reverse Freedom Mortgage has been a Utah-based reverse mortgage specialist since 2008. Our dedicated team focuses exclusively on reverse mortgage solutions, helping seniors aged 62+ leverage home equity to enhance retirement security. We provide personalized service through face-to-face consultations in West Jordan or clients' homes across Salt Lake City, Utah Valley, and the Wasatch Front. With over 15 years of combined experience, our specialists save clients thousands in closing costs compared to national lenders while maintaining professional service standards. We prioritize client education, offering workshops and one-on-one guidance to ensure informed decisions about HECM loans, purchase programs, and financial planning strategies. 
Services
Reverse Mortgages
HECM Loans
Purchase Programs
Financial Planning
Client Education
Details
- Year established: 2008
Highlights and features
- We specialize exclusively in reverse mortgages since 2008
- Local team provides personalized face-to-face consultations
- Save thousands in closing costs vs. national lenders
- Experts in HECM, purchase programs, and proprietary options
- Comprehensive client education with workshops and one-on-one guidance
What people say
Exceptional experience
Knowledgeable specialists
Smooth process
Personalized attention
Highly recommended
Services
Reverse Mortgages
Reverse mortgages allow seniors aged 62+ to convert home equity into tax-free funds without monthly payments. This federally insured solution helps cover healthcare costs, home improvements, or retirement expenses while maintaining ownership. Proceeds can supplement income or establish credit lines for future needs.
Purchase Programs
HECM for Purchase programs enable seniors to buy new homes with minimal down payments. This eliminates traditional mortgage payments while allowing property upgrades. Borrowers must occupy the home as primary residence and maintain taxes/insurance, with loan balances due upon permanent departure.
Financial Planning
Our specialists integrate reverse mortgages into comprehensive retirement plans. We analyze clients' financial situations to determine optimal loan structures, payment schedules, and fund allocations. This strategic approach maximizes cash flow while preserving inheritance potential through non-recourse FHA insurance.
Client Education
We provide HUD-mandated counseling and educational resources about reverse mortgage mechanics. Through workshops and personalized sessions, clients learn about loan requirements, disbursement options, and long-term implications. Our materials address common myths while explaining eligibility criteria and fund usage flexibility.
Case Management
Our team handles all documentation from application through closing. We coordinate appraisals, title work, and government requirements while maintaining transparent communication. The process includes electronic document systems for efficiency and dedicated client support throughout the loan lifecycle.
People
Chad G. Peck
Principal Lending Manager / Owner
Chad has specialized in reverse mortgages since 2008, focusing on improving seniors' retirement cash flow through strategic equity utilization while maintaining FHA compliance standards.
Lonny Eschler
Reverse Mortgage Specialist
With 13 years of exclusive reverse mortgage experience, Lonny maintains an exceptional track record in guiding clients through complex loan structures and documentation requirements.
Vicky Williams
Business Development Manager
Vicky brings decade-plus industry expertise in developing client relationships and expanding reverse mortgage education initiatives across northern Utah markets.
Stephanie Porter
Client Services
Stephanie has provided comprehensive client support since 2021, coordinating documentation and communication for reverse mortgage transactions with attention to regulatory requirements.
Casey Rees
Reverse Mortgage Specialist
Casey specializes in explaining financial options to seniors, leveraging technical expertise to structure reverse mortgage solutions that align with long-term retirement goals.
Questions
What reverse mortgage options do you offer?
We provide FHA-insured HECM loans, proprietary programs, and specialized purchase options allowing seniors to access equity through various disbursement methods.
How can reverse mortgage funds be used?
Proceeds can cover healthcare expenses, home improvements, debt consolidation, or any retirement needs without restrictions on usage.
What are the qualification requirements?
Borrowers must be at least 62, own their home outright or have significant equity, and use the property as primary residence.
Do you charge upfront fees?
Most costs can be financed into the loan amount, with only the HUD counseling fee required upfront before closing.
How does repayment work?
The loan becomes due when the last borrower permanently leaves the home, with repayment typically through property sale or refinancing.
Do you serve areas outside West Jordan?
We provide services throughout Salt Lake City, Utah Valley, and the Wasatch Front region with both office and in-home consultations.
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