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Contact Info

Russell Felter

Russell Felter

T: (937) 609-4460
M: (937) 609-4460
F: (937) 877-1276
765 Chaucer Lane
Tipp City, OH 45371

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#17

in Ohio


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Russell has been a Professional mortgage banker for nearly 2 decades. In addition to being a successful former mortgage company owner, Russell worked with Wells Fargo Home Mortgage for nearly eight years and received his certification as a reverse mortgage specialist. He presently services the Tri-State region (OH, IN, KY) .

Russell works closely with Elder Attorney's, Financial Advisors, Real Estate professionals and others who assist seniors (those 62 and above) in achieving their personal and financial retirement needs. The Hud regulated FHA Reverse mortgage (HECM) can eliminate monthly mortgage payments while also enabling senior homeowners to access money for travel, to purchase a home, to live more comfortably, or possibly assist their children and grandchildren today...as opposed to waiting for tomorrow (after inflation has eroded the dollar).

As a seasoned lending and financial professional, Russell is well versed on the myriad of lending options. He will eagely answer your questions and assist you in determining whether or not a reverse mortgage is the right program to achieve your needs and desires. He'll give you the facts...and then let you decide.

  • No income qualifying
  • No credit scoring
  • No monthly mortgage repayments

Contributions to Lender411
Blogs
Reverse Mortgage: Reverse Mortgages MYTHS...exposed Oct 8th 2009
more...
Answered Questions
Home Purchase: I am looking for a lender that deals with people that hav… Apr 12th 2010
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Contacted consumers with following loan scenarios
Ohio, Reverse Mortgage, Credit, Amount: $30,000, LTV 60% Sep 29th 2011
Indiana, Reverse Mortgage, Credit, Amount: $50,000, LTV 20% Aug 9th 2011
Indiana, Reverse Mortgage, Credit, Amount: $79,999, LTV 97% Nov 24th 2010
Ohio, Reverse Mortgage, Credit, Amount: $129,999, LTV 98% Nov 18th 2010
Reverse Mortgages MYTHS...exposed
by Russell Felter
Oct 08, 2009
A home must be paid off or it must be free of all debt to qualify for a reverse mortgage. Reverse mortgages convert a portion of home equity into cash and can also be used to purchase a primary residence. If there is...
read more...
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