JOAN QVIGSTAD

JOAN QVIGSTAD

Reverse Morgage Planner

Joan Qvigstad has been in the mortgage industry for over 12 years and is experienced in originating all types of residential loans. Learning that 10,000 people a day are turning 62 for the next 20 years (source: "Moving forward to economic stability" MBA David Stevens, Fairway Managers Meeting Presentation 2016) facing an uncertain retirement, Joan made the commitment in 2015 to become a specialist in Reverse Mortgages.

Seminars & Workshops
Local Seminars

All your questions answered by our experts.

Webinars & Podcasts

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

FAQ

All your questions answered by our experts.

Services
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. 

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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Copyright©2021 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 Opportunity.