About Academy Mortgage Reverse

 

At Academy Mortgage Reverse, we dedicate 100% of our efforts to Reverse Mortgages. By focusing solely on the Reverse Mortgage loan, we are able to design each loan to meet the specific needs of our clients as well as their family. With the many changes that have been made by FHA and HUD over the past 5 years, we have seen this product become more flexible, less costly and much safer than ever before. 
 
We have found that an ever growing segment of our business is coming from other professionals who are looking for options to help clients in retirement. Attorneys, CPAs and Financial Planners are starting to realize the power of this as a retirement and estate planning tool. By being dedicated and local, we can meet with clients, their families as well as other trusted advisors to evaluate and structure each loan individually.

Our Team

Mike Russell - Reverse Mortgage Specialist | NMLS# 57807 | Wilsonville, OR

I have been in the Reverse Mortgage Industry for the past 15 years and am always amazed how this product can benefit my clients.  I graduated from Oregon State University in 1978 and went into Banking and spent many years as a Branch Manager and Lender. Having a family and many children, it has always been a priority to not only help my own family but to help the families that I work with and especially to bring comfort and financial security to those over 62 that can benefit from the Reverse Mortgage. 

I have many interests which include writing, photography, and woodwork.  I have published three books to date and look forward to where this area of my passion will take me. 

State Lic: OR # 57807; WA # MLO-57807 | mike.russell@academymortgage.com | 503-680-0594

Rick Eckard | Sr. Loan Officer Reverse Mortgage | NMLS# 406221 | Wilsonville, OR

Rick has been active in the real estate and mortgage industry for over 35 years. Rick has that special blend of knowledge, creativity and intense customer loyalty that are common among top producers in the field. No stranger to reverse mortgages, he and his wife purchased a new home using a reverse mortgage and are thoroughly enjoying the comforts of having no monthly mortgage payments.

Licensed by the Department of Business Oversight Under the California Residential Mortgage Lending Act

State Lic: OR 406221; WA MLO-406221; CA-DOC406221 | rick.eckard@academymortgage.com

Shelley Nelson - Reverse Mortgage Specialist | NMLS# 351571 | Bend, OR

Being a Reverse Mortgage Specialist means that I have the opportunity to helps senior “age in place”.  I have a true passion for educating the public, realtors, and financial advisors about the many benefits of using a reverse mortgage to either stay in an existing home or purchase a new home.  Every time I provide education or sit down with a potential client, I always hear the same comment, “ I never knew that about reverse mortgages”.

 

Prior to becoming a Reverse Mortgage Specialist, I was a HUD-certified Reverse Mortgage Counselor in the State of Oregon.  As a Counselor for over two years, I saw the many benefits that reverse mortgages could bring to seniors who wished to stay in their primary home. My experience prior to reverse mortgages includes working in Escrow, owning an insurance agency, forward mortgage lending and foreclosure prevention. 

 

I am a native Oregonian who moved to Bend in 2010.  My hobbies include camping, hiking, backpacking, snowshoeing, golf and gardening.  I love everything that Central Oregon has to offer and I also help my aging parents who live on the same property as me.

State Lic: OR # 351571 | shelley.nelson@academymortgage.com | 503-961-4637

Stan Francom | Sales Manager, Reverse | NMLS #99049 | Utah | stan.francom@academymortgage.com

As a Senior Loan Officer, Stan has responsibility for attracting, engaging and educating many of the top Loan Officers, Realtors, Investment Advisors, and Financial Planners across the many states in which he’s licensed. But most importantly his responsibility is to the hundreds of clients who have completed the HECM process and to those who are seeking information about FHA’s Home Equity Conversion Mortgage (HECM’s).

 

He brings over 30 years experience of ‘hands-on’, everyday, working directly with the consumer with his unique consultative style of educating, teaching, and problem-solving skill sets.  His philosophy is simple; “provide them correct  information and let the client make their own decisions”.  “I know that’s the way I want to be treated when I’m looking at something new”, exclaims Stan.

 

Stan's passion for teaching about the reverse mortgage can be traced back to 2002, when he spent significant time working on his own mothers reverse mortgage. Since that time he has specialized in the HECM loans, eventually even following his own advice, when in 2017 he and his wife completed their own reverse mortgage on their own primary residence.  

 

Stan has 4 children, 5 grandchildren, a 16 year old dog who still chases treats, and a beautiful wife of over 40 years.  They’re looking forward to the next 40 years of marriage and the many ‘beautiful moments of life’ that are still to come.

 

If you have questions or would just like to learn a little more about these loans, please give Stan Francom a call or send a text.  He can be reached on his cell phone at 801-808-5121. Email is: stan.francom@academymortgage.com

339 West 13490 South, Draper, UT 84020; Corp State Lic BK-0904081 

Figure: 7 TAC §81.200(c) CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV.;

State Lic: WA # MLO-99049; UT # 5492730; IN # 33345; FL # LO38700; MI # 99049; AZ # 0921595; CA # CA-DBO99049; 339 West 13490 South, Draper, UT 84020; Corp State Lic BK-0904081; Licensed by the Department of Business Oversight Under the California Residential Mortgage Lending Act

Paul Francom, CPA | Reverse Mortgage Operations Manager | NMLS# 234188 | Utah

Paul started working in the mortgage industry during his summers decades ago while still in Junior High.  Back then, it may have only been a summer job, but it quickly turned into a passion. Paul fell in love studying how loan terms affect rates, fees, and future projections along with how different regulations could be used to structure transactions.  In his opinion, the more complicated the file the better.   

 

If you are self-employed, own ten different companies, have rental properties on the side, and are trying to figure out how unscheduled draws and partial repayments will affect you loan balance (is there such a person?), then Paul is the person to talk to.   In his free time Paul enjoys being with his family, eating anything with carbs, camping and hiking in the beautiful outdoors, and playing tennis. 

paul.francom@academymortgage.com

Tony Miller | Reverse Mortgage Lending Manager | NMLS #297063 | NE Region

30 West Gude Drive, Suite 210, Rockville, MD 20850

Licensed by the N.J. Department of Banking and Insurance; www.nmlsconsumeraccess.org

Branch: (301) 545-2061

tony.miller@academymortgage.com

Nathan Johnson | Reverse Mortgage Specialist | NMLS #1647443

As a Reverse Mortgage Specialist, Nathan began his career in 2001 by creating a foundation of education, care, and integrity that overflows into every conversation. He helped his parents with a Reverse Mortgage and witnessed the positive effect it had on their life, peace of mind, and retirement.
 

He realized quickly that many people he met with had a negative perception of Reverse Mortgages from what they have heard or read. He discovered the 3 challenges most mature homeowners faced was incomplete information, pressure selling, and general confusion about the program qualifications, benefits, and strategies. 

 

Nathan’s passion is to make a difference in the lives of mature homeowners by educating them of their Reverse Mortgage options for refinancing their current home or purchasing their next home as they are slowing down or currently in retirement. He will never pressure them in making a decision because he understands many face pressures everyday around finances as it relates to longevity, sustainability, and the legacy they all want to pass on. He loves helping his clients make decisions with full confidence, knowing this will help them gain greater peace of mind with the financial flexibility as they enter into the best years of their lives!
 

Nathan is also commit to educating business associates about Reverse Mortgages and has met with hundreds of Real Estate Professionals, Loan Officers, Banking Professionals, Financial Advisors, Attorneys, CPA’s, and Home Care Professionals. He also offers a DORA certified 2 hour Continuing Education course titled “Today’s Reverse Mortgage 101” and teaches all over the state of Colorado. 
 

Call (719) 243-4299 or email him Nathan.johnson@academymortgage.com today if you would like to learn a little more about the Reverse Mortgage as an option for yourself or someone you know.

Corp State Lic BK-0904081 

nathan.johnson@academymortgage.com

Val Begalle | Reverse Mortgage Specialist | NMLS #267890

Val Begalle, Loan Officer NMLS#442642, has joined the team at Academy Mortgage Corporation-Grand Junction (NMLS 3113 Equal Housing Lender). Val has been a Reverse Mortgage loan officer since 2006. She is a wife, mother, grandmother, sister, friend and educator. She helped her own mother obtain a reverse mortgage so that she could remain in her home for as long as possible. Val understands the many complexities of creating financial sustainability for the retirement years. She enjoys assisting seniors and their families to understand the reverse mortgage process and to make the experience as stress free and enjoyable as possible. 

Val enjoys educating as many people as possible about what a Reverse Mortgage truly is and dispelling the negative myths associated with them. She has done many reverse mortgage presentations for Real Estate Professionals, Financial Advisors Groups, Banking Personnel, Insurance Agents, Home Health Providers and various senior groups. Home Equity Conversion Mortgages aka (Reverse Mortgages) have been used by hundreds of thousands of Americans since 1989. They are a strategic financial tool and more and more American’s are taking advantage of the opportunities that they offer. Val has helped many Western Slope seniors and their families understand how a reverse mortgage can help people use their hard earned home equity to breathe easier. “Utilizing a reverse mortgage to pay-off debt, travel, help others, or for medical expenses is something every senior should consider.” 

The Home Equity Line of Credit and Reverse for Purchase Program has moved into the forefront of retirement planning. The reverse mortgage is no longer thought of as “the tool of last resort”. The life changing capabilities of a reverse mortgage can no longer be overlooked. 

Val will continue to help as many seniors as she can to achieve financial security and independence by putting their home equity to work for them with a reverse mortgage. You can contact Val Begalle at 970-208-1301 or cell number 970-210-5610 or email her at val.begalle@academymortgage.com.

 

Academy Mortgage Corporation 1114 N 1st Street, Suite 101 Grand Junction, Co 81501.

val.begalle@academymortgage.com

Ryan Nelson - Sales Manager | NMLS# 391412 | Wilsonville, OR

State Lic: OR # 391412 | ryan.nelson@academymortgage.com | 503-563-7840

Cheryl Woltz | Operations | Wilsonville, OR

cheryl.woltz@academymortgage.com

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Testimonials

As a 73-year old retiree, I was beginning to have financial concerns about my future. Although I had heard negative things about reverse mortgages in the past, I decided to do some research to discover if this was an option for me. A friend suggested I contact a local (non-reverse) mortgage company who in turn connected me with an agent at Academy Mortgage. From the very first, I felt I was dealing with an honest, informative, no pressure organization which ultimately led me through the entire reverse mortgage process in an easy to understand manner, answered all of my many questions promptly and was always available throughout every step of the way until the final signing of the loan and follow-up. I would definitely recommend Academy Mortgage to anyone considering a reverse mortgage.

Karen Moskowitz

Bainbridge Island, WA

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Academy Mortgage Corporation is an Equal Housing Lender | Corp NMLS# 3113

MAC519-1464166

Contact Us

Academy Mortgage Reverse

 

29100 SW Town Center Loop W, Suite 160 & 170

Wilsonville, OR 97070

ryan.nelson@academymortgage.com

Tel: 503-510-1910

Please Note: the information on this website is based on an FHA HECM (Federal Housing Administration Home Equity Conversion Mortgage) mortgage product, which is a type of mortgage loan.  There are fees associated with this loan as well as compounding interest.  The loan is not a government benefit and must be repaid.  There is no guarantee of financial security, and the consumer is responsible to pay the property taxes, homeowners insurance, and property maintenance fees independent of the loan, which can be a significant cost.  The consumer faces a risk of foreclosure if they do not meet these obligations.  For more information about the FHA HECM reverse mortgage product visit http://portal.hud.gov/hudportal/HUDsrc+program_offices/housing/sfh/hecm/hecmabout. This ad is not from HUD or FHA and was not approved by HUD or any government agency.