Testimonials

Praise from our reverse mortgage and finance borrowers.

Please listen to this interview with George Wells, a recent New South Mortgage reverse mortgage customer.

Transcript

Interviewee: This morning we talked to Will Worthington from New South Mortgage. But yesterday, I got a chance to talk to one of his clients Arthur George Wells and here is what he had to say.

George: Well, back in 2014 when we heard about reverse mortgage, we wanted to find somebody local because we believe; working with local people is much better and you can sit and talk to them and look at them and do business. We had a second mortgage because of some problems we had, so we thought well, we will never pay that off not at our age. We decided we will talk with Will and see what we can do with the reverse mortgage; as it turned out we were able to pay off the loan which gave us a lot of available capital, cash that is. It has been a real blessing, we gave a lot of consideration toward the reverse mortgage would do for us. We put in factors that would impact our children for example, we thought about what kind of cash it would make available for them, and of course the important factor is the age. Our age meant that, we had to do some things to make life a little bit better for our self; the house will be there nobody is going to take it away from us, we will always own it. I should add that the reverse mortgage plan is, probably one of the best plans you could find.

Interviewee: Call New South Mortgage today, and find out what they can do for you with their numbers 532- 3130 or go to newsouthmortgage.com nmls1018333.

George Wells

Reverse Mortgage Customer

“I heard Will Worthington on the radio so I called New South Mortgage with some questions. They were extremely helpful in explaining the refinance options. We got a great rate and the process was amazingly smooth with great communication. Highly recommend the Worthington team!”

Refinance Borrowers

Chattanooga, TN

“Thanks to Will Worthington and New South Mortgage for making the homebuying process pleasant and simple, we couldn’t have done it without you!”

Purchase Borrowers

Birmingham, AL

“My husband and I wanted to tell you what an outstanding experience we had with your staff. We will definitely refer our friends and family to New South Mortgage when they need mortgage help.”

Refinance Borrowers

Huntsville, AL

“Thanks to Will Worthington and New South Mortgage for making the homebuying process pleasant and simple, we couldn’t have done it without you!”

Purchase Borrowers

Birmingham, AL

“My uncle called New South Mortgage and spoke to Will Worthington himself about a reverse mortgage. Will and his staff took the time to walk my Uncle through the process and get him the extra cash he needed to retire from the school system when he turned 62. They were all so polite and patient. What a blessing.”

HECM Reverse Mortgage Customer

Nashville, TN

“I have been listening to Will Worthington on the radio for many years. When I bought my first home in 1999, I called and had a great experience…easy. I sold that house in 2007 before the crash and bought a bigger house. I again called the Worthington Team and they handled my transaction…the process was so easy by phone and online. It definitely took the stress out of moving and worrying about the financing.”

Mortgage Finance Customer

Nashville, TN

“We recently relocated to Huntsville, AL . We had to close on the Huntsville house before I could sell my Brentwood home and New South helped us handle the transaction seamlessly…..my Realtor told me she had never seen a closing package ready 4 days in advance!”

Mortgage Finance Customer

Huntsville, AL

“I live on Lookout Mountain near Mentone and there are no mortgage lenders anywhere around. We had paid off our house and property and had heard about the HECM Reverse Mortgage on television but I wanted somebody local and face to face to answer my questions. We wanted to set up an equity line to get some extra cash for a new barn. I heard Will Worthington on US 101 radio in Chattanooga talking about it. When we called, they sent someone out to our farm. They answered our questions and even helped us with a financial plan in case one of us died. We had to drive to Chattanooga to close but that was no big deal.”

HECM Reverse Mortgage Customer

Lookout Mountain, TN

I got one of those sub-prime mortgages back in 2006…I didn’t know any better. The New South Mortgage team help me get out of it and refinance with the HARP program. I dropped down to a 15 yr fixed rate. Now my house is almost PAID FOR!!! THANKS NEW SOUTH Staff!”

Mortgage Finance Customer

Nashville, TN

“I thought when we did a Reverse Mortgage the government got our house. New South explained how that is not the case and that we kept the title to our house, and it went to our heirs when we passed away. I was shocked. When they explained the new line of credit feature to the program, we signed up for the counseling and got the ball rolling immediately. I called my aunt and told her about it and she is getting one, too.”

HECM Reverse Mortgage Customer

Nashville, TN

“My husband and I had been thinking about a reverse mortgage for 2 years and saw all the ads on TV. I had been trying to get one for 7 months through an online broker but he wasn’t getting anywhere. I called my daughter in Huntsville and she referred me to Will Worthington’s team at New South Mortgage. That was on Aug 8, 2015. We transferred my loan from the broker to New South Mortgage and they closed my reverse mortgage on Aug. 28th! It saved us over $1500 per month.”

HECM Reverse Mortgage Customer

Nashville, TN

“When I got divorced I needed to put the house mortgage in my name only and New South helped me get some cash out to pay off the ex-spouse and remove him from the loan. I even bettered my rate by 1% when I refinanced so my payment actually stayed the same….”

Mortgage Finance Customer

Nashville, TN