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Paul Donohue

Area Sales Manager

NMLS# 68305

1-336-254-3027

2 Town Square Blvd | Suite 246
Asheville, North Carolina 28803

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Paul Donohue - The Retirement Mortgage Specialist

Reverse Mortgage Basics

Right Sizing

About Me

Meet Paul Donohue

Area Sales Manager | Serving North Carolina & Beyond

With 45 years of mortgage industry experience, Paul Donohue brings extensive knowledge of mortgage planning, homeowner education and home equity strategies. Throughout his career, he has personally met with more than 4,000 homeowners, helping them understand financing options and make informed decisions about homeownership.

Paul began his career by founding a custom homebuilding business in Blacksburg, Virginia. After relocating his family to North Carolina in 1987, he established a mortgage company and became an early advocate for strategic mortgage planning. Over the years, he has personally originated more than 3,000 home loans.

His commitment to education also led him to establish a training and consulting company focused on improving mortgage industry knowledge and practices. Through this work, Paul has educated more than 50,000 mortgage professionals on home equity and debt management strategies.

Today, as an Area Sales Manager with Mutual of Omaha Reverse Mortgage, Paul helps older homeowners explore reverse mortgage options and better understand how home equity may fit into their retirement plans. He believes education and thoughtful conversations are essential to helping homeowners evaluate their choices with confidence.

Paul lives in Summerfield, North Carolina, and maintains an office in Asheville. He primarily serves homeowners throughout North Carolina and is also licensed in Colorado, Florida, Georgia, Illinois, Michigan, Ohio, Pennsylvania, South Carolina, Tennessee and Virginia.

Outside of work, Paul enjoys spending time with his family. He and his wife have been married since 1978 and have two grown children and three grandchildren. Their family also includes two horses, a pony, a Great Pyrenees dog and two cats.

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Cash is King

Retirement Mortgage Specialists

Home Equity - What can it do for you?

Leveraging Existing Home Equity

Leveraging Home Equity

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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My Blog

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#2: Should I Pay Cash for My Retirement Home?                       

It’s An Essential Question You’ve worked your whole life. You’ve saved for it, and now it’s time to buy your retirement home in the mountains, the beach, or wherever your heart takes you. You’re selling your current home and considering paying cash for your new retirement home. Moving for the beauty and lifestyle…is a great […]

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#1: An Idea Whose Time Has Come

At a Wealth Advisors conference with one of the most admired thought leaders in the financial services world, a statement was made that profoundly shifted the understanding of how money works for those listening. There were over one thousand knowledgeable financial advisors in the room that day when Don Blanton, founder of the “Circle of […]

Paul's Upcoming Events

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Real Estate Agents | Lifestyle Home Loan Realtor Certification Course

Join Mutual of Omaha Mortgage for this Realtor Certification Course, created for real estate professionals who want to better serve homebuyers 62+. Learn how you can sell more homes by offering the Lifestyle Home Loan* to your clients. Discover how your clients may purchase their dream home with as little as 60–70% down and never […]

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Financial Advisors | Four Retirement Realities (And What to Do About Them)

Join Mutual of Omaha Mortgage for this Advisor Webinar featuring David Blanchett, Ph.D., CFA, CFP®, Head of Retirement Research at Prudential Financial and Portfolio Manager at PGIM, as he explores four key retirement realities and how understanding them can help financial advisors develop more realistic planning assumptions and better prepare clients for retirement. What You’ll […]

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