Tracey Brown
Flower Mound, Texas 75022
Providing clients with a Reverse Mortgage. The Home Equity Conversion Mortgage (HECM) or the HECM for Purchase (H4P) provide an excellent opportunity for the client to boost their retirement income, have flexible payout choices, and eliminate the obligation of a monthly mortgage payment.
2 years ago, Tracey began to shift her focus within her 30-year mortgage history towards providing Reverse Mortgages for both refinance and purchase. She loves working with older adults and their families by evaluating their situation, needs and goals in order to help determine the best program and options for them. Providing education and comprehensive details are key factors in understanding the benefits of a Reverse Mortgage. The Home Equity Conversion Mortgage (HECM) or the HECM for Purchase (H4P) provide an excellent opportunity for the client to boost their retirement income, have flexible payout choices, and eliminate the obligation of a monthly mortgage payment.
To be eligible, the primary borrower needs to be at least 62 years old and hold full home ownership and substantial equity in the property. The property needs to be a primary residence and the borrower(s) will still be responsible for property-related expenses such as home insurance, taxes, dues and maintenance. All borrowers must undergo required counseling.
Honesty, integrity and hard work consistently lead to many long-lasting relationships with Tracey Brown’s clientele. She is quick to say: “the best part of my job is knowing that I am serving”.
Tracey has been with Fairway Independent Mortgage Company since 2016. Fairway Independent Mortgage Company is a national mortgage lender ranked as one of the top 10 mortgage companies in America with a 4.96 out 5-star rating on its Better Business Bureau page.
She currently lives in Dallas-Fort Worth with her husband of 31 years, a dog, two cats, five goats and several chickens.
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