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Chattanooga Reverse Mortgages

Have questions about Reverse Mortgages in Chattanooga?

New Castle Mortgage of Chattanooga

The Reverse Mortgage Specialists of Chattanooga, Rossville, East Ridge, Red Bank and all of Tennessee.

We can assist you in obtaining your Reverse Mortgage in the city of Chattanooga, all of Hamilton  County,  Marion County, Sequatchie County and the surrounding area. Our Website was designed to offer a simple, yet complete base of information on Reverse Mortgages.

The site will answer most of your questions, such as; What Is A Reverse Mortgage? How Do I Qualify? and How Much Money Can I Get with a Reverse Mortgage? Be sure to click on the Free Informational Brochure button or any of the Quick Quote buttons to obtain additional material on the subject of Reverse Mortgages.

At any time, please do not hesitate to call our office and one of our professional, courteous and experienced Reverse Mortgage Specialists will be happy to answer all of your questions.

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We are the major producer of Reverse Mortgages locally, owned and operated locally, purely specializing in Reverse Mortgages. As a consumer you can be certain we are qualified, experienced and credible. Our partners, Mike Holton and Catherine Holton, each have over 19 years of experience originating FHA loans throughout the state of Tennessee. With offices in Nashville, Knoxville, and the Tri-Cities, our “boots on the ground” originator staff of 12 can effectively cover all areas of Tennessee and surrounding areas like Birmingham. We have a highly experienced Loan Origination staff, many of whom have served as an originator for 10, 15, and even 30 years. We are a State licensed facility and are members of NRMLA (National Reverse Mortgage Lenders Association) and the BBB (Better Business Bureau).

Call today and speak with one of our Reverse Mortgage Specialist’s. Find out how the Reverse Mortgage can make a positive impact on your existing financial plan.

423-668-8002

Chattanooga, Tennessee Reverse Mortgage Team

We can assist you in obtaining your Reverse Mortgage in the city of Chattanooga, Tennessee, Montgomery and surrounding areas.

    Mike Holton is the President and founder of New Castle Mortgage. He began his mortgage career in 1997 and soon realized that he had found his calling in the mortgage industry. He has always been in the management side of the mortgage business leading sales teams to a high level of success. Around 2006 he became familiar with the Reverse Mortgage and immediately was interested in specializing in these products. After much research he approached the company where he worked to allow him to head up a Reverse Mortgage division. They were uninterested so Mike and his wife Catherine, applied for and obtained their own license and opened New Castle Mortgage in Nashville in April of 2007. Although they had never done a Reverse Mortgage prior to the opening, they set out to purely specialize in ONLY Reverse Mortgages.

    Opening a business in 2007 was challenging, Opening a mortgage company in 2007 was worse. Opening a Mortgage company to only specialize in this very small niche was almost crazy. But, fast forward eight years and New Castle Mortgage is the largest company in Tennessee specializing in Reverse Mortgages. New Castle is currently licensed in four states, with four offices and a staff of eleven Reverse Mortgage Specialists.

  • Catherine Holton
    Vice President
    Catherine Holton
    Vice President

    Catherine Holton is Co-founder and Vice President of New Castle Mortgage. She has been in the Mortgage business since 1998, originating FHA and Conventional mortgages throughout Tennessee. She and her husband, Mike Holton opened NCM in the Spring of 2007 to specialize in Reverse Mortgage products. She is licensed to originate mortgages in Tennessee, Alabama, Georgia and Virginia. Catherine assists in the oversight and quality control of offices in Nashville, Knoxville, Chattanooga, TriCities and Birmingham, and Mobile, Alabama. Prior to the Mortgage business, Catherine enjoyed a long career in nursing. At New Castle Mortgage she projects a positive message and facts about the benefits of Reverse Mortgages to homeowners, professionals and referral sources. “Promote and Educate” she’ll say. Her personal satisfaction is knowing that she helped a client reach financial security, secure homeownership and a comfortable retirement. Catherine is well known for her high level of expertise, passionate professionalism and her big warm smile.

    Catherine enjoys cooking, gardening and spending time with her five sons and a growing brood of grandchildren, currently standing at four!!

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