Phoenix, Arizona Reverse Mortgage Lender
Meet Bill Krone
Bill Krone
Reverse Mortgage Specialists
NMLS #199750,AZMLO 0913066 Bill |
1506610, AZMLO 0938715 Andrew
Wallick & Volk, Inc. NMLS#: 2973
(602) 825-2497
Bill Krone and Wallick & Volk Mortgage Bankers are one of Phoenix’s leading teams to talk to about how a reverse mortgage can work for you. Whether you’re in Tempe, Mesa, Gilbert or anywhere in Maricopa County, Bill is a man you can trust.
As a senior loan officer, Bill has helped home buyers achieve the American dream for more than 30 years.
He currently specializes in reverse mortgages because he believes it can be the best vehicle for seniors to use to give them financial freedom in their retirement years.
Bill’s experience in the banking and mortgage industry has given him the opportunity to work with a diverse customer base. He understands buyers’ needs and keeps the process simple and balanced so that all parties are involved every step of the way.
Bill knows how important it is to guide the borrower through what can be a daunting time. He trades on his honesty and integrity, helping retirees settle on the right loan for their personal needs.
What is a reverse mortgage?
A reverse mortgage is a truly marvellous loan device available to homeowners of at least 62 years of age.
It provides them with the key to unlock the equity in their property. That’s right, instead of mortgage payments going out, retirees can enjoy regular payments coming in, and all while remaining in their own home!
The strength of this incredibly powerful product is that as long as the terms of the loan are met, there is no need to repay it until either the homeowner sells the residence or the last surviving borrower passes away.
Homeowners can access funds in many different ways including a very handy line of credit, and all without the worry of having to sell up.
They can then use those funds for home renovations, taking that long-awaited vacation or just living a more comfortable lifestyle.
Housing prices are booming across the country and Phoenix has been one of the market leaders climbing nearly 31 percent in the last 12 months. The average Phoenix property is now valued at $390,103. (https://www.zillow.com/phoenix-az/home-values/)
More and more Phoenicians are taking advantage of reverse mortgages with 2830 in the area already owning one while 432 have acquired one in just the last 12 months.
About Phoenix, Arizona
Lord Darrell Duppa named Phoenix, claiming it to be a city born from the ruins of a former civilization. The Arizona pioneer has been proven right with the Pueblo Grande ruins as well as evidence of an ancient irrigation system suggesting the area was once inhabited between the years 700-1400 AD.
Phoenix became the capital of Arizona in 1912 with the five Cs, cotton, corn, citrus, climate and copper all cornerstones of its economy.
It is now the fifth-most populous city in the country and one of only 13 in the United States with sporting teams in four major professional sports leagues – the Suns, the Diamondbacks, the Cardinals and the Coyotes.
It is also one of the hottest places in America with an average of 100 days per year reaching 100°F.
Contact your Phoenix reverse mortgage lender today.
Bill Krone and his team at Wallick & Volk are on hand to give you the best possible advice about reverse mortgages.
Please don't hesitate to call Bill today on (602) 825-2497 for all your refinancing enquiries.
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