John Karavas

Since the early 1970’s I have always worked within a client service industry. First as an independent insurance agent, and then in 2008 I was introduced to the world of reverse mortgages (RM), also known as the Home Equity Conversion Mortgage (HECM).

 I soon discovered that by being involved in the RM industry, I had an opportunity to positively change the lives of  senior home owners, who before learning the facts about this financial tool, thought that they had little, if any financial options available to them.   

 For many, the RM is a change of life circumstance – paying off an existing mortgage, getting rid of burdensome credit card bills, being able to afford necessary home repairs/modifications, and many more financial options without incurring a monthly installment payment back to the bank.  And remember there are no income or credit rating criteria that have to be met to qualify for the loan.  All this and you continue to own your own home.

 I believe so strongly in the reverse mortgage line-of-credit that I make myself available to anyone who is interested in learning more – any day, any time and any where in Connecticut.  Your calls will be forwarded to my cell phone. So feel free to call me, even on weekends and holidays, between 9 AM and 9 PM.