Renee Friedman

Home Equity Retirement Specialist
NMLS# 2011381

4445 Corporation Ln, Suite 238
Virginia Beach, Virginia 23462

About Me

Renee Friedman

Home Equity Retirement Specialist | NMLS# 2011381

1-757-651-6554

Bio

Renee grew up in the Midwest, which she attributes to her down-to-earth nature and good old-fashioned common sense. A graduate of The Ohio State University, her background is in communications, starting out as a sales trainer in the banking industry. She eventually transitioned to corporate public relations, where she enjoyed a 20+ year career helping technology start-ups hone their business stories and then land them press coverage in leading trade and business publications.

 

A move in 2002 took her to Virginia, where she began investing in real estate, developing a strong interest in the housing market. In her dealings with homebuyers, it became clear that far too many people had not saved enough for future moves, emergencies, or their retirement. When she heard about a government loan created for seniors and baby boomers (like herself) that enabled people 62 and older to purchase a home for roughly 55 percent down and never have to make another mortgage payment, or stay in their existing home and safely convert a portion of its equity to create a reserve for emergencies or future unknowns, she decided to make the transition and become a licensed Home Equity Conversion Mortgage (HECM) and Jumbo Reverse Mortgage Specialist.

 

As a skilled communicator, she enjoys educating boomers and retirees on the many benefits of the recently revamped FHA-insured HECM loan, and how it can bring them peace of mind and help them create their best possible retirement.

 

Borrower must occupy home as primary residence and remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees.

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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