Andreas Keller – Reverse Mortgage Specialist

Specialties

Reverse Mortgages also called Home Equity Conversion Mortgages or HECM are great financial retirement tools. They are safe, government insured and were signed into law by President Ronald Reagan to help the baby boomers and the elderly Americans to age in place.

Today, people take out a reverse mortgage for a variety of reasons and here are a few examples of how the reverse mortgage can be used:

1. To supplement income.

2. To eliminate a present mortgage payment or payoff debts.

3. To fund long term care services.

4. To purchase a new home with no monthly mortgage payments.

5. To defer Social Security Benefits.

6 To hedge against Stock Market Volatility which can drain retirees’ investment portfolios when selling assets at depreciated prices by borrowing from a Reverse Mortgage Line of Credit during times when the portfolio is «off» in order not to sell in a bear market.

8. To create future borrowing capacity and close the gap between longevity and financial resources.

History

Established in 1989.

The HECM reverse mortgage is a federally insured loan since 1989 that allows conversion of equity in your home into tax-​free cash. Targeted at seniors 62 years of age or older it is today considered the best engineered financial retirement tool of our generation especially for those who want to age in place.

The heart and soul of the HECM is the growing line of credit which creates future borrowing capacity. More information is available on www​.Reverse​Mort​gage​Pros​per​ity​.com

Meet the Business Owner

Andreas K.

Business Owner

As far as my background, I’m a native of Switzerland, attended the Jesuit College in Austria, and graduated with a Master’s Degree from Columbia University’s Business School in New York. I enjoyed a thirty year career as an international banker living and working in Europe, the USA, the Middle East and Asia. I spent many years with Union Bank of Switzerland as a private banker and close to a quarter century with Citibank as a commercial banker and Senior Credit Officer.

After settling in Northern Virginia in the 90’s I entered the mortgage business and have specialized in reverse mortgages exclusively for the last eight years.

Six years ago, I took out a reverse mortgage on my own home, and it has proven to be a very wise financial move. On weekends I prefer to connect with nature and once a month you can find me on the Appalachian Trail with the Warrenton Hiking Club «Boots ‘n Beer» — a Drinking Club with a Hiking Problem.”