
Jim Warns
I have been in the mortgage industry since 1993, and have focused on the federally-insured Home Equity Conversion... | Richmond, Virginia, United States
Jim Warns’s Emails jw****@mu****.com
Jim Warns’s Phone Numbers No phone number available.
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Jim Warns’s Location Richmond, Virginia, United States
Jim Warns’s Expertise I have been in the mortgage industry since 1993, and have focused on the federally-insured Home Equity Conversion Mortgage (HECM) program since 2008. The HECM program has undergone several significant changes over the past 5 years, and when used PRO-actively it is one of the most versatile and effective retirement cash-flow planning tools available. The HECM loan's options include a line of credit that has the following features: (1) A draw period that lasts as long as the borrower's occupancy of the home; (2) Optional monthly payments - none are required; (3) Protection from the line being reduced or cancelled due to a decline in the home's value; (4) Guaranteed growth of the unused portion of the line every month for the life of the loan... independent of the home's value. Whether used as a portfolio risk-management tool or a contingency fund for unexpected expenses over an extended period of retirement, for homeowners 62 or older who own their homes free and clear the establishment of a HECM line of credit is destined to become as much a 'rite of passage' into retirement as signing up for Social Security and Medicare.
Jim Warns’s Current Industry Mutual Of Omaha Reverse Mortgage
Jim
Warns’s Prior Industry
Town And Country Mortgage
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Bank Of America
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Metlife Bank
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Security 1 Lending
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Retirement Funding Solutions
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Mutual Of Omaha Reverse Mortgage
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Work Experience

Mutual Of Omaha Reverse Mortgage
Reverse Mortgage Specialist, NMLS #506555
Fri Nov 01 2019 05:30:00 GMT+0530 (India Standard Time) — Present
Retirement Funding Solutions
Reverse Mortgage Specialist, NMLS #506555
Tue Sep 01 2015 05:30:00 GMT+0530 (India Standard Time) — Fri Nov 01 2019 05:30:00 GMT+0530 (India Standard Time)
Security 1 Lending
Reverse Mortgage Consultant
Fri Jun 01 2012 05:30:00 GMT+0530 (India Standard Time) — Sat Aug 01 2015 05:30:00 GMT+0530 (India Standard Time)
Metlife Bank
Reverse Mortgage Consultant
Mon Jun 01 2009 05:30:00 GMT+0530 (India Standard Time) — Tue May 01 2012 05:30:00 GMT+0530 (India Standard Time)
Bank Of America
Reverse Mortgage Consultant
Sat Mar 01 2008 05:30:00 GMT+0530 (India Standard Time) — Fri May 01 2009 05:30:00 GMT+0530 (India Standard Time)
Town And Country Mortgage
Mortgage Broker / Owner
Sat Aug 01 1998 05:30:00 GMT+0530 (India Standard Time) — Fri Feb 01 2008 05:30:00 GMT+0530 (India Standard Time)