Your Hometown Reverse Mortgage Consultant residing in Prescott, AZ
Your Hometown Reverse Mortgage Consultant residing in Prescott,
AZ
Licensed in Arizona and Michigan
Jan Mendenhall
Your Hometown Reverse Mortgage Consultant residing in Prescott, AZ
Your Hometown Reverse Mortgage Consultant residing in Prescott,
AZ
Licensed in Arizona and Michigan
I’m proud to work with a company focused on one thing: educating seniors about reverse mortgages to help them unlock the power of their homes and live a more comfortable retirement.
Your Starting Point to Reverse Mortgages
COMMON MISCONCEPTIONS
MYTH: Taxes have to be paid on money received from a reverse mortgage.
Nope! Proceeds from a reverse mortgage are not considered income, and are therefore not income taxable. The money from a reverse mortgage comes from your home’s equity, which already belongs to you, so it’s not considered income. Plus, the interest on a reverse mortgage can be tax-deductible when it’s repaid.*
MYTH: Your heirs can’t inherit the home with a reverse mortgage.
Nope! You will still be able to pass the home on to your kids. Just like any other mortgage, they can inherit the house. When the loan becomes due, they can decide how to repay the loan balance.
MYTH: Reverse mortgages should only be used as a last resort.
That’s incorrect! A reverse mortgage is a powerful financial tool that can be an important part of your overall financial plan. From paying off an existing mortgage to delaying Social Security benefits*, or even establishing an emergency line of credit, it’s a flexible product that gives you options.
MYTH: A reverse mortgage interferes with Social Security and Medicare benefits.
False! Government entitled programs such as Social Security and Medicare are generally not affected by a reverse mortgage – however, need-based programs such as Medicaid may be. Consult a qualified financial advisor or the appropriate government agency to learn more.
MYTH: Reverse mortgages are expensive.
Here’s the truth – reverse mortgage loan origination costs and interest rates are comparable to those of traditional mortgages. They do not require large out-of-pocket expenses. There are FHA insurance costs that some traditional mortgages don’t require, but the cost is relatively small.
MYTH: With a reverse mortgage, the bank takes your home.
That’s false! With a reverse mortgage, the homeowner keeps the title to the home in their name, provided they meet their loan obligations, keeping current with property taxes, insurance, and maintenance. The lender simply adds a lien onto the title to guarantee that the money will eventually be paid back when the loan becomes due.
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Featured Video
How it Works
For many Americans, their home is their biggest asset, and the one they have invested the most in throughout their lives. And a Home Equity Conversion Mortgage (HECM), or "reverse mortgage," can allow senior homeowners to tap into some of this hard-earned home equity – for another source of cash to help fund retirement, counteract the effects of inflation, and live more comfortably. Important Note: When you click on this video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our Privacy Notice.
Let’s Get Social
🚨 Last Chance to Register. 🚨 Our CE webinar, Leveraging Housing Wealth in Affluent Retirement Planning, is happening TOMORROW with Stephen R. Pepe. Secure your spot now! 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #Webinar #CECredit #RetirementPlanning #HomeEquity #FinancialAdvisor #HousingWealth #FinancialPlanning
[FINANCIAL PROFESSIONALS: EARN CE CREDIT] Housing wealth can be a strategic asset for high-net-worth clients, but many advisors haven't explored its full potential. Join Stephen R. Pepe, for our upcoming CE webinar and discover advanced strategies for liquidity, legacy, and lifestyle planning. 📅 June 24, 2026 | 10:00 AM PT | 1:00 PM ET 🎓 1 CE credit (CFP, RICP, CLU, ChFC, and CFFP/Kaplan) 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #Webinar #CECredit #RetirementPlanning #HomeEquity #FinancialAdvisor #HousingWealth #FinancialPlanning
💡 What if your clients' homes could do more than provide shelter in retirement? Join Stephen R. Pepe, Longbridge Financial Reverse Mortgage Consultant, for a CE webinar that reframes how housing wealth fits into comprehensive retirement planning for affluent clients. You'll walk away with: ✅ Tactical home equity strategies for portfolio diversification and growth ✅ Ways to create liquidity without asset liquidation ✅ Fresh approaches to legacy planning conversations ✅ Strategies to help clients achieve discretionary lifestyle goals This is a conversation that goes beyond traditional reverse mortgage applications. 📅 June 24, 2026 | 10:00–11:00 AM PT | 1:00–2:00 PM ET 🎓 1 CE credit available (CFP, RICP, CLU, ChFC, and CFFP/Kaplan) 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #Webinar #CECredit #RetirementPlanning #HomeEquity #FinancialAdvisor #HousingWealth #WealthManagement #FinancialPlanning
📢 FINANCIAL PROFESSIONALS 📢 Housing wealth is one of the most underutilized assets in affluent retirement planning. Many advisors focus on needs-based applications, but there's a much broader opportunity for mass affluent and high-net-worth clients pursuing wants-based goals. Join Stephen R. Pepe, Longbridge Financial Reverse Mortgage Consultant, for our upcoming CE webinar: Leveraging Housing Wealth in Affluent Retirement Planning. He'll explore advanced strategies for portfolio diversification, liquidity creation, and legacy planning, without liquidating client assets. Don't miss this chance to earn CE credit and bring a powerful new dimension to your retirement planning conversations. 📅 Wednesday, June 24, 2026 | 10:00–11:00 AM PT | 1:00–2:00 PM ET 🎓 Earn 1 CE credit (CFP, RICP, CLU, ChFC, and CFFP/Kaplan) 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #RetirementPlanning #HomeEquity #CECredit #Webinar #FinancialProfessional #WealthManagement #HousingWealth #FinancialPlanning
Property Requirements for a Reverse Mortgage
As the saying goes, ""there's no place like home."" And when it comes to retirement years, a home could be even more – a welcomed source of cash flow. A reverse mortgage allows senior homeowners to tap into a portion of their home equity to use as they wish. But like any other loan, there are some requirements that must be met in order to be eligible. Let's start with the most obvious – property requirements for a reverse mortgage.
Reverse Mortgage Closing Costs & Fees Explained - Longbridge
When considering a reverse mortgage, traditional mortgage, or any type of financial tool, it's important to have a clear understanding of all the associated costs. From closing costs to lending fees and even applicable interest rates, knowing exactly how much money to bring to the table is key. Check out our article below to learn more about reverse mortgage closing costs & fees.
🚨 Last Chance to Register. 🚨 Our CE webinar, Leveraging Housing Wealth in Affluent Retirement Planning, is happening TOMORROW with Stephen R. Pepe. Secure your spot now! 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #Webinar #CECredit #RetirementPlanning #HomeEquity #FinancialAdvisor #HousingWealth #FinancialPlanning
[FINANCIAL PROFESSIONALS: EARN CE CREDIT] Housing wealth can be a strategic asset for high-net-worth clients, but many advisors haven't explored its full potential. Join Stephen R. Pepe, for our upcoming CE webinar and discover advanced strategies for liquidity, legacy, and lifestyle planning. 📅 June 24, 2026 | 10:00 AM PT | 1:00 PM ET 🎓 1 CE credit (CFP, RICP, CLU, ChFC, and CFFP/Kaplan) 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #Webinar #CECredit #RetirementPlanning #HomeEquity #FinancialAdvisor #HousingWealth #FinancialPlanning
💡 What if your clients' homes could do more than provide shelter in retirement? Join Stephen R. Pepe, Longbridge Financial Reverse Mortgage Consultant, for a CE webinar that reframes how housing wealth fits into comprehensive retirement planning for affluent clients. You'll walk away with: ✅ Tactical home equity strategies for portfolio diversification and growth ✅ Ways to create liquidity without asset liquidation ✅ Fresh approaches to legacy planning conversations ✅ Strategies to help clients achieve discretionary lifestyle goals This is a conversation that goes beyond traditional reverse mortgage applications. 📅 June 24, 2026 | 10:00–11:00 AM PT | 1:00–2:00 PM ET 🎓 1 CE credit available (CFP, RICP, CLU, ChFC, and CFFP/Kaplan) 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #Webinar #CECredit #RetirementPlanning #HomeEquity #FinancialAdvisor #HousingWealth #WealthManagement #FinancialPlanning
📢 FINANCIAL PROFESSIONALS 📢 Housing wealth is one of the most underutilized assets in affluent retirement planning. Many advisors focus on needs-based applications, but there's a much broader opportunity for mass affluent and high-net-worth clients pursuing wants-based goals. Join Stephen R. Pepe, Longbridge Financial Reverse Mortgage Consultant, for our upcoming CE webinar: Leveraging Housing Wealth in Affluent Retirement Planning. He'll explore advanced strategies for portfolio diversification, liquidity creation, and legacy planning, without liquidating client assets. Don't miss this chance to earn CE credit and bring a powerful new dimension to your retirement planning conversations. 📅 Wednesday, June 24, 2026 | 10:00–11:00 AM PT | 1:00–2:00 PM ET 🎓 Earn 1 CE credit (CFP, RICP, CLU, ChFC, and CFFP/Kaplan) 🔗 https://attendee.gotowebinar.com/register/5435264663644558940?source=LO #LongbridgeFinancial #RetirementPlanning #HomeEquity #CECredit #Webinar #FinancialProfessional #WealthManagement #HousingWealth #FinancialPlanning
Property Requirements for a Reverse Mortgage
As the saying goes, ""there's no place like home."" And when it comes to retirement years, a home could be even more – a welcomed source of cash flow. A reverse mortgage allows senior homeowners to tap into a portion of their home equity to use as they wish. But like any other loan, there are some requirements that must be met in order to be eligible. Let's start with the most obvious – property requirements for a reverse mortgage.
Reverse Mortgage Closing Costs & Fees Explained - Longbridge
When considering a reverse mortgage, traditional mortgage, or any type of financial tool, it's important to have a clear understanding of all the associated costs. From closing costs to lending fees and even applicable interest rates, knowing exactly how much money to bring to the table is key. Check out our article below to learn more about reverse mortgage closing costs & fees.
About Me
Hello, I am your local Reverse Mortgage Professional. I am honored to be working with the senior community. I have several years of experience in the reverse mortgage space, focusing on Home Equity Conversion Mortgages. I am committed to helping seniors find better retirement solutions and am excited to bring my honesty, compassion and education to senior homeowners. I bring an in-depth understanding of the reverse mortgage process and how the loan works.Arizona Mortgage Banker License #0930082. Branch Address: 102 W. Gurley Street, Suite #104, Prescott, AZ 86301; Branch NMLS: 2335271; Phone #: 602-428-4122