Seniors Home Reverse Mortgage
Meet the Team
Eddie Wilkes - VP/Marketing, Tennessee
Eddie has spent 20 years in Retail Sales and Management with a strong emphasis on customer service. For the past 18 years, he was employed as a Sales Representative for a National Furniture and Mattress company where he traveled 3 states and was the National Key Account Manager. He is active with the Chamber of Commerce and several Community Organizations.
Eddie served proudly for 9 years with the 1/181st Field Artillery Battalion Tennessee Army National Guard.
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Fast Facts
Reverse mortgages allow you to convert equity in your home into supplementary cash to use whenever, and however, you wish: as a lump-sum, monthly payment or as a line of credit you can tap as needed. The loan does not have to be repaid as long as you continue to live in your home.
The loan is backed and guaranteed by the Federal Government.
The home must be your primary residence.
Title to the property remains in your name.
No income, health or credit qualifications.
You do NOT make monthly payments. EVER!
Cash received is TAX FREE!
You own your home – no different than a traditional mortgage.
Social Security benefits and Medicare are generally not affected by a reverse mortgage – consult your tax advisor.
