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David Garrison

Reverse Mortgage and HECM for Purchase Advisor

NMLS# 1595194

317-644-2595

2169 East Rutland Lane
Martinsville, IN, 46151

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About Me

About David Garrison

I’m David Garrison, a Reverse Mortgage Loan Officer with Mutual of Omaha Mortgage. My journey into the world of reverse mortgages is deeply personal and rooted in both experience and a strong belief in the untapped potential of home equity.

Background and Experience

With a career spanning more than thirty years in sales and business management, I’ve had the privilege of navigating the complexities of various industries. This culminated in the successful sale and retirement from my own company after 36 years. This extensive experience has not only honed my business acumen but also ingrained in me the importance of trustworthy, client-focused service.

Personal Connection to Reverse Mortgages

My advocacy for Home Equity Conversion Mortgages (HECMs), more commonly known as reverse mortgages, is not just professional; it’s personal. Several years ago, I advised my mother to opt for a reverse mortgage, which proved to be a wise decision as it significantly aided her in her later years. My wife, Carol, and I have also embraced this financial tool, seeing it as a prudent hedge against the unpredictable nature of future market returns.

I firmly believe that the equity in one’s home is a valuable yet often overlooked asset that should be strategically utilized, especially for us baby boomers, as part of a comprehensive retirement plan.

Community Engagement

Giving back to the community has always been a cornerstone of my life. My volunteer work with organizations such as Habitat for Humanity, Kairos Prison Ministry, and CareNet Pregnancy Centers reflects my commitment to making a positive impact on the lives of others. Locally, I’ve been actively involved in supporting the retirement community by delivering meals to seniors in need through the St Vincent DePaul Society and sharing my knowledge of reverse mortgages at senior centers in Martinsville and Mooresville, Indiana.

Additionally, my roles with the St Vincent De Paul Society, Kairos Prison Ministries, The Better Communities Coalition of Morgan County, and as a board member of Clarity of Central Indiana, allow me to contribute to the well-being of our community in meaningful ways.

Personal Interests

When I’m not assisting clients or volunteering, I cherish the time spent traveling, especially cruising and sailing. I’m also an avid reader, musician, and a member of both church and prison music groups. These passions not only enrich my life but also keep me connected to diverse communities and perspectives.

Why I Chose This Path

My decision to specialize in reverse mortgages at Mutual of Omaha Mortgage is deeply influenced by the positive impact it has had on my family’s financial planning and our ability to contribute to causes we care about. I am committed to helping others understand how a reverse mortgage can fit into their retirement planning, providing security, peace of mind, and the opportunity to live a more fulfilling life.

I look forward to the opportunity to share my insights and experiences with you and to explore how a reverse mortgage might benefit your retirement strategy.

I am licensed to originate reverse mortgage loans in Indiana and Michigan.

To get started, fill out the form on this page or give me a call at 317-644-2595.

 

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Common Examples of What a HECM Can Help You Do

  • Purchase a new home to fit your lifestyle needs
  • Reduce monthly expenses by paying off existing mortgage
  • Enhance your cash flow
  • Create an emergency fund
  • Fund for home repairs or upgrades
  • Fund the expense for caregivers, live-in nurses, or other in-home care
  • Protect your retirement portfolio
  • Reduce monthly expenses by paying debt
  • Incorporate housing wealth into your retirement plan
  • Increase cash to help ensure monthly bills are paid
  • Reduce the burden of out-of-pocket healthcare costs
  • Have the cash for a large expense, such as a vacation or vehicle
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Shifting Into Reverse Blog

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#229:  Giving Her Access to Housing Wealth Along With Housing Security

GIVING HER ACCESS TO HOUSING WEALTH ALONG WITH HOUSING SECURITY Shortly after remarrying five years ago, you took out a reverse mortgage loan on your home, using a portion of the line of credit to totally modernize and equip the kitchen (she is a gourmet cook). At the time, your wife was only 59, and, […]

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#228:  Plan now to use housing wealth later

WEIGHING FUTURE LONG TERM CARE COSTS WHILE BUILDING HOUSING WEALTH  In your early eighties, you feel blessed, having never needed to collect benefits from the long-term care policies on which you’ve been paying annual premiums for the past thirty years. (Concerned by yet another impending escalation in the cost of the inflation rider, three years […]

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#227:  Using housing wealth to help sisters stay at home

THERE WERE NEVER SUCH DEVOTED SISTERS “Sisters, sisters, there were never such devoted sisters,” Bette Midler and Linda Ronstadt sang back in 2003, and the two of you embody the close-knit relationship depicted in that song….  When the second of your parents died, bequeathing the family home to the two of you sisters, for years […]

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