Corinne Cordon and the extraordinarily competent staff at Capella Mortgage helped Millie and I out of an unexpected financial issue that arose during the purchase of our retirement home. Two days before our mortgage was expected to close, our lender decided that the mortgage we requested could not be finalized because my wife’s work location was too great a distance from her new residence.

Our retirement plan included the purchase of a home that could be easily maintained, lend itself to the possibility of housing the physically disabled, had close proximity to medical and shopping facilities, and offer physical security. We also wanted access to shared community facilities and, of course, the home had to be affordable for us. Our current home did not meet these requirements.

We found a builder in Las Vegas and wrote a contract for a home to be built that met all of our needs. The home includes an ultra-efficient energy package which will minimize our future cost for housing plus help the environment. An important bonus to our decision is that it also helped the local economy by providing much needed jobs in the Las Vegas construction industry.

Once the contract was signed, we applied for a reverse mortgage to be used for the initial purchase. We were continuously assured that we were qualified and that the mortgage was virtually “in the bag”. Then, two days before the closing date, we were told that “because Millie was still working in California and hadn’t yet retired, that she couldn’t meet the occupancy requirements specified in the underwriting regulations”. In other words, she had to retire and we could have the mortgage funded.

This is when Corinne stepped in. She worked literally around the clock to find us an investor, coordinate all the documentation, and get the house closed and in our names against a very short deadline. She is a rarity in our society. She is the definition of professionalism, commitment, integrity, and no nonsense. She took on our problem as if it were her own and provided the services needed to make this transaction happen for us. I owe her a debt of gratitude which I will work hard to repay.

Now, all I need to find is a reverse mortgage loan provided by a company with the same qualities demonstrated by Corinne and her staff. When that happens, we will have accomplished a key element of our retirement plan. As you can probably guess, Corinne has made a strong recommendation for this also.