General Info:
I'm Owen Coyle, a 78-year-young "Seasoned Citizen" living in a retirement community called Champagne Village, which is next door to the well-known Lawrence Welk Time Share Resort and Theater. Both I and Anita, my beautiful wife for the past 48 years, have been living in our community for the last 16 years. When I retired from Xerox Corporation after 25 years in major account sales, they provided me with an excellent retirement program, which would allow me to never to have to work again. However, after one (1) year of retirement I knew that I wanted and needed to find something that I could enjoy doing. "Retirement was not for me". Over the next few years I did several sales related activities which I enjoyed and kept me occupied, however I kept hearing advertisements on the radio and saw a few infomercials on television about Reverse Mortgages and how they can benefit seniors. It finally dawned on me "That Would Be a Perfect Fit For Me," being a senior myself. So I went down and interviewed with a Reverse Mortgage company and was hired that day. I started my 10th year as a Reverse Mortgage Specialist in April of this year. I absolutely have a passion for working with seniors, improving their "Quality of Life" and giving them "Peace of Mind" by setting up Reverse Mortgages for them. I've made a decision (and my wife approves) that I'm not going to retire until I have some sort of health problem that would prevent me from driving and visiting with seniors in their homes, and putting on "Workshops & Seminars". Hopefully I will still be able to work in my home office and use the telephone, email and snail mail to help "Referrals" from my clients and friends to set up their Reverse Mortgages. Currently about half of my business is from "Referrals", and I take that to be the "Highest Compliment" from my clients and friends. My main objective as a Reverse Mortgage Consultant is to be the "Messenger". I don't determine how much money is available for the seniors who have me set up their Reverse Mortgage. The amount of money is calculated by using an "FHA FORMULA", which determines how much money will be available for the senior borrowers and the various payment options – based on their age, property value, mortgage balance if any, and the current interest rates. Again, my objective is to give "Information" and "Educate" the seniors about how Reverse Mortgages work, and how they can improve their "Quality of Life" and have "Peace of Mind".