Jay Elder Email & Phone Number

JAY ELDER DIRECT LINE 703-795-5112Individual ID NMLS 1448443Company ID NMLS 1019941I have 40+ years experience in the mortgage/banking industry. Over those years, I have had the opportunity to work for and with many knowledgeable individuals. With this experience, I not only know the mortgage industry inside and out, but have witnessed the evolution of the business. As a native Washingtonian, I have been able to establish a wide network of banking and mortgage professionals. As more and more of the baby-boomers and others over 62 elect to stay in the vibrant metro area, this excellent mortgage product fills a real need to an evergrowing segment of the population.For licensing information go to www.nmlsconsumeraccess.orgLICENSED: VA, MD, DC DE, FlUsing the improved Reverse Mortgage (HECM), I help those 62 or older to have a more secure retirement. I help my customers draw cash out of their homes from existing equity and have the chance to stay in their homes for life. Borrower must continue to pay property taxes, homeowners insurance, maintain the home and otherwise comply with the terms of the loan. A HECM can be part of a retirement income strategy.As a licensed Loan Officer with Longbridge Financial LLC, it gives me great satisfaction to show people how funds from a reverse mortgage loan could help them live more comfortably and with fewer financial constraints. For example:* Establishing a "rainy day" fund* Supplementing income* Paying off an existing mortgage or other debts to improve cash flow* Paying monthly bills* Making home improvements or modifications* Paying for healthcare* Covering the cost of in-home care, whether medical or non-medical* Making a major purchase such as a new vehicle* Buying a homeI am licensed in Maryland, Virginia, Washington DC, Florida and Delaware.Longbridge Financial LLC has an array of loans, including FHA-insured HECM and proprietary jumbo reverse mortgages, traditional FHA and VA forward loans, and conventional mortgage options. We provide our customers with considerate solutions and personalized service designed to give them the best financial outcome through responsible and strategic mortgage planning.Contact informationcell 703-795-5112email JELDER@Longbridge-Financial.com

Listed skills include Fha, Mortgage Banking, Va Loans, Loans, and 6 others.

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  University Of Maryland

  Business Administration