Business Details
40 Years
experience
Trusted Reverse Mortgage Lender in Chattanooga & Nashville
Mortgage South has been a trusted leader in reverse mortgage lending since 1986, pioneering the first reverse mortgage in Tennessee. Our team combines decades of industry experience with a commitment to personalized service, helping homeowners aged 62+ leverage their home equity to enhance retirement. As a BBB-accredited business with a Torch Award for ethics, we prioritize transparency, education, and local expertise across Chattanooga, Nashville, and surrounding regions.Our specialists guide clients through every step, ensuring informed decisions aligned with individual financial goals. With over 3,000 successful cases, we remain focused solely on reverse mortgages, offering tailored solutions for healthcare costs, home improvements, and retirement stability. Our partnerships with financial planners and elder law attorneys further demonstrate our dedication to comprehensive, client-centered service.
Services
Reverse Mortgages
Refinancing
Purchase Loans
Healthcare Financing
Retirement Planning
Details
- Year established: 1986
Highlights and features
- We offer 35+ years of reverse mortgage expertise since 1986.
- Our team pioneered Tennessee's first reverse mortgage in 1993.
- We provide BBB-accredited service with a Torch Award for ethics.
- Our specialists focus exclusively on reverse mortgage solutions.
- We serve Chattanooga, Nashville, Atlanta, and North Georgia homeowners.
Associations and certifications
- BBB Accredited Business
What people say
Knowledgeable staff
Personalized service
Smooth process
Trustworthy
Helped retirement goals
Services
Reverse Mortgages
Reverse mortgages allow homeowners aged 62+ to convert home equity into tax-free funds without monthly payments. This solution helps cover healthcare costs, home improvements, or supplement retirement income. Mortgage South's specialists ensure clients understand loan terms, responsibilities, and long-term financial impacts.
Refinancing
Refinancing options help homeowners consolidate debt, pay off existing mortgages, or access equity. Mortgage South evaluates individual financial situations to determine optimal refinancing strategies that align with retirement goals and regulatory requirements.
Purchase Loans
HECM reverse mortgages for home purchases enable retirees to downsize or relocate without traditional mortgage payments. Mortgage South guides clients through FHA-approved processes to acquire suitable properties while preserving cash reserves.
Healthcare Financing
Reverse mortgage proceeds can cover healthcare deductibles, in-home care, or prescription costs. Our team explains how to responsibly use home equity for medical needs while maintaining financial stability during retirement.
Retirement Planning
We collaborate with financial planners to integrate reverse mortgages into comprehensive retirement strategies. This service helps clients maintain lifestyle standards, manage unexpected expenses, and optimize asset utilization without liquidating investments.
People
Nathan Guerrero
President/Reverse Mortgage Specialist
Nathan Guerrero has specialized in reverse mortgages since 2005, serving Chattanooga and Nashville areas. His expertise includes collaborating with financial planners and elder law attorneys to provide tailored solutions for over 3,000 clients.
Robert Allison
Loan Officer/Reverse Mortgage Specialist
Robert Allison brings extensive loan origination experience to Mortgage South, focusing on reverse mortgage solutions that meet clients' retirement needs while adhering to regulatory standards.
Debbie Gann
Loan Officer/Reverse Mortgage Specialist
Debbie Gann provides personalized reverse mortgage guidance, leveraging her local market knowledge to help North Georgia and Tennessee homeowners achieve financial stability in retirement.
Questions
What is a reverse mortgage?
A reverse mortgage converts home equity into tax-free funds for homeowners 62+, with no monthly payments required. Repayment occurs when the home is sold or vacated.
What are the benefits of a reverse mortgage?
Benefits include no monthly payments, access to home equity for retirement expenses, and the ability to stay in your home while improving cash flow.
How can reverse mortgage funds be used?
Funds can pay medical bills, home improvements, eliminate existing mortgages, or supplement retirement income while preserving investment portfolios.
What areas does Mortgage South serve?
We serve Chattanooga, Nashville, Atlanta, North Georgia, and surrounding areas with in-person consultations and local market expertise.
What are the reverse mortgage eligibility requirements?
Borrowers must be 62+, own their home outright or have significant equity, and use the property as their primary residence.
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