Janis Laycox has joined Wells Fargo Home Mortgage, the nation’s leading provider of residential mortgages, as a reverse mortgage specialist to serve the Fallon Fernley branches.
In this role, Laycox will work exclusively with senior homeowners seeking a reverse mortgage, a home financing program that allows homeowners to utilize the equity in their home to supplement their retirement income. Janis Laycox will be based in Wells Fargo Home Mortgage’s Fallon and Fernley bank branch offices, and will serve customers statewide.
Prior to joining Wells Fargo Reverse Mortgage she served as a mortgage consultant at the Reno Wedge Parkway office.
“We are excited to have a reverse mortgage specialist on our team who will be able to focus on the needs of our senior customers in Nevada,” said Julie Hill, Reverse Mortgage Sales Manager, of the Reno Mae Anne office. “Reverse mortgages are quickly gaining in popularity among senior homeowners, so we are pleased to offer Janis’s expert consultation.”
A reverse mortgage is a loan that enables senior homeowners to convert part of the equity in their home into tax-free income without having to sell the home, give up title, or take on a new monthly mortgage payment. Reverse mortgages are generally limited to individuals 62 years and above whom own their homes free and clear of debt, or have only a small loan balance remaining.
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