Mortgage South

read moreMortgage South originated the FIRST reverse mortgage in Tennessee - in every sense of the word - and we remain a leader in the program today! We serve homeowners 62 years of age and older, putting their home equity to work to provide them with extra income. Our expertise as a reverse mortgage lender has helped Mortgage South become one of the most trusted loan companies in Chattanooga, TN. Our Senior Advantage reverse mortgage can help you use your home to improve your lifestyle. Get a little extra room in your budget, buy a new vehicle, travel or purchase a new home.

read moreIf you're looking for a reverse mortgage from one of the best loan companies in Tennessee and North Georgia, you've found your partner. In 1993, we completed the first reverse mortgage in the state of Tennessee. Over the years, we have helped nearly 2,000 homeowners like you put the equity in their homes to work for them. Nathan Guerrero is our reverse mortgage specialist and President. As a native of the Chattanooga, TN area, he's been helping homeowners with reverse mortgages since 2005. Seniors throughout Chattanooga and North Georgia know that Nathan is a knowledgeable, honest, and straightforward loan officer.

read moreA reverse mortgage comes with a number of different benefits. It can make your finances in retirement much easier, from not having to make any more monthly home payments to getting tax-free cash advances. Mortgage South is one of Chattanooga, TN's leading loan companies; if you're concerned about possible reverse mortgage pitfalls and want to learn more about the benefits, we'll give you a careful, experienced perspective. You will not only have more cash in your pocket at the end of every month, but you'll no longer have to worry about the risk of foreclosure for non-payment of loans.

read moreTaking advantage of a reverse mortgage is easier than you think. Just follow the seven steps below, and you'll be able to enjoy a tax-free source of income and no mortgage payments as long as you remain in your home. We will provide you with plenty of help to determine whether a reverse mortgage fits your particular financial situation. During your free consultation, we will review multiple solutions and options together. Once we complete our exploration, you will be provided with a projection that is tailored to your specific situation.

read moreThere is a lot of misinformation out there, and many seniors have heard the wrong information about reverse mortgages. The good news is that we can help. We've assembled a list of common myths and misconceptions paired with the relevant facts. Learn what's really going on, and be sure to contact us if you have any additional questions. Fact: Just like a regular mortgage, you'll retain ownership of your home. The loan is secured by a deed of trust or a mortgage - just like a "forward" or regular mortgage.

read moreAs the Baby Boomers reach the age of 62 and start retiring they are often looking for a new home. It may be one without stairs, in a warmer climate, or one closer to family and friends. The challenge is to not only find a mix that meets the needs of seniors but also enables them to purchase a home. Mortgage South can help in regards to this dilemma. Reverse mortgages are available to homeowners who are 62 years of age or older. It allows them to convert part of their equity in a home into cash.

read moreMortgage South has helped many seniors in the Chattanooga, TN and North Georgia areas access the equity in their home and get cash to finance their retirements! Some of them have written to let us know how our help has improved their lives. Check out their success stories, and be sure to contact us when you're ready to start your own reverse mortgage. When my Dad had a stroke It changed not only his life but all of ours. He was very independent up till his stroke he worked the day before. So not only did we worry about making sure we were giving him the care he needed but we were not sure how we were going to handle his mortgage and his medical bills.