Eldan Leschewski

Reverse Mortgage Advisor

NMLS # 289746

953 American Lane 1st Floor, Schaumburg, IL 60173 Licensed in Illinois, Florida, Michigan, Wisconsin, California, Colorado, New Jersey, Texas, and Virginia.

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About Me

Eldan Leschewski is a seasoned Mortgage Loan Originator, licensed in California, Colorado, Florida, Illinois, Michigan, New Jersey, Texas, and Wisconsin. With over 30 years of experience in the mortgage industry, Eldan specializes in Home Equity Conversion Mortgages (HECMs) and proprietary reverse mortgages. His extensive expertise allows him to guide retirees through responsible and strategic mortgage planning, helping them achieve financial security and peace of mind.

Eldan is dedicated to providing personalized service, ensuring that his clients understand the full range of home equity solutions available to them. Whether it’s eliminating monthly mortgage payments, supplementing retirement income, or funding home renovations, he works closely with each homeowner to develop a plan tailored to their unique needs. His thoughtful approach and commitment to transparency make him a trusted resource for seniors looking to make informed financial decisions.

Beyond his professional work, Eldan remains engaged in financial education and industry trends, always striving to provide the most up-to-date solutions for his clients. Every interaction shows his passion for helping retirees navigate their financial future.

4 Myths About Reverse Mortgages

– “The lender will own my home”
The title on a reverse mortgage is no different than any other mortgage. You are still on title and remain the owner of the home. The loan must be repaid when the house is sold or vacant.

– “I can’t leave my home to my children”
With a reverse mortgage, you can still leave your home to your children. Once the loan is repaid, the title will pass to your estate. These are non-recourse loans.

– “If I outlive my reverse mortgage, the lender will evict me”
The lender does not limit how long you can stay in your home. You still own your home and are required to maintain it and pay the property taxes, insurance, and any HOA fees, as with any mortgage.

– “I cannot get a reverse mortgage if I still have an existing mortgage”
As long as you have equity in your home, you still qualify for a reverse mortgage.

If you are looking for an experienced and knowledgeable reverse mortgage professional, contact Eldan Leschewski today to explore how a reverse mortgage can help you achieve greater financial freedom in retirement.