Bonny Gilbert Announces Bonny Gilbert Reverse Team

Brookline MA

28 October, 2020

3:15 PM

Description

Mortgage Planner Bonny Gilbert Announces Bonny Gilbert Reverse Team Group Educates Boomers and Financial Advisors on Options for Retirement Security and Wealth Management* Bonny Gilbert, Esq., announces the Bonny Gilbert Reverse Team with Fairway Independent Mortgage Corporation. Located in Boston, the team is guiding consumers on the uses of reverse mortgage loans, which are receiving new attention among Baby Boomers, as well as their financial advisors. These loans enable homeowners who are 62 or older to convert some equity into tax-free money* to potentially increase their retirement security, age in place or realize other financial and lifestyle goals. “We are seeing more interest in reverses since the pandemic began—both among Boomers leaving the workplace early, and retirees wanting to improve cash flow without withdrawing from their investment accounts,” said Ms. Gilbert. A Brookline resident, Bonny Gilbert has been focusing specifically on reverses for close to ten years. She guides consumers as well as advisors who are incorporating reverses into their clients’ wealth management or estate plans, and is licensed in Massachusetts, New York, New Jersey and Virginia. Before entering the mortgage industry, she ran her own law practice, served as an assistant attorney general for Massachusetts, and was vice president with one of the world’s largest financial services firms. She earned a J.D. (magna cum laude) from Suffolk University Law School and a bachelor’s degree in finance from Boston University. Homeowners who are 62 and older have seen their housing wealth grow during the second quarter of 2020 alone to $7.70 trillion, according to the National Reverse Mortgage Lenders Association. Much of this equity is untapped, and offers a potential solution for Boomers worried about outlasting their retirement savings. The Bonny Gilbert Reverse Team advises clients on HECM (Home Equity Conversion Mortgage) reverses as well as proprietary jumbo reverse mortgages. More information is available at bonnygilbertmortgages.com, [email protected] or 857-300-6775. * This advertisement does not constitute tax or financial advice. Please consult a tax and/or financial advisor regarding your specific situation. Copyright©2020 Fairway Independent Mortgage Corporation (“Fairway”) NMLS#2289. 4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800. All rights reserved. Fairway is not affiliated with any government agencies. These materials are not from HUD or FHA and were not approved by HUD or a government agency. Reverse mortgage borrowers are required to obtain an eligibility certificate by receiving counseling sessions with a HUD-approved agency. The youngest borrower must be at least 62 years old. Monthly reverse mortgage advances may affect eligibility for some other programs. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Equal Housing Lender. MA Mortgage Broker License #MC2289. Licensed by the NJ Department of Banking and Insurance. Licensed Mortgage Banker- N.Y.S. Department of Financial Services. Fairway Independent Mortgage Corporation NMLS Entity ID #2289 (http://nmlsconsumeraccess.org/EntityDetails.aspx/company/2289). MA Loan Originator License #MLO300106. Branch address: 380 West Broadway, Unit 101, South Boston, MA 02127. ###