ALAN BARRY

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NMLS # 1609122

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Alan Barry

Reverse Morgage Planner

Alan Barry has worked at Fairway Independent Mortgage since June of 2017. From the start, dedication, customer service, and eagerness to give clients and business partners the highest level of service have been a priority. Alan dedicates himself to finding great rates and loan options for his customers while offering some of the fastest turn times in the industry, thanks to Fairway.

 

His goal is to act as a trusted advisor, providing highly personalized service and helping clients through every step of the loan process – from application to closing and beyond. It’s all designed to exceed expectations, provide satisfaction and earn trust as a long-term partner.

 

Alan was born in Dublin, Ireland, and came to the states in the late 1990s. After visiting Washington, he fell in love with the community and its surroundings and decided to make the move. In his free time, he loves to enjoy the great Pacific Northwest outdoors with his 2 sons.

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Learn more about what a Reverse Mortgage loan is and if one is right for you. 

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Home Equity Conversion Mortgage Loan (HECM)

 

A Home Equity Conversion Mortgage loan, or Reverse Mortgage, is a Federally-insured reverse mortgage loan backed by the U. S. Department of Housing and Urban Development (HUD). 

Home Equity Conversion Mortgage for Purchase Loan (H4P)

 

The HECM for purchase is a reverse mortgage insured by the Federal Housing Administration (FHA) that allows seniors to use the equity from the sale of a previous residence to buy their next primary home in one transaction. 

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Home Equity Conversion Mortgage Line of Credit  (HECM LOC)

 

 A reverse mortgage line of credit has a clear cut advantage over the HELOC, in that it has a growth option that applies to the unused funds. 

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