Nashville Reverse Mortgages

Have questions about Reverse Mortgage Loans in Nashville?

New Castle Mortgage of Nashville

The Reverse Mortgage Specialists of Nashville, Brentwood, Murfreesboro, Franklin, Nolensville, Mount Juliet and surrounding areas.

We can assist you in obtaining your Reverse Mortgage in the city of Nashville, all of Davidson County, Williamson County, Gallatin, Hendersonville, Spring Hill, Lebanon 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.

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, Chattanooga and the Tri-Cities, our “boots on the ground” originator staff of 12 can effectively cover all areas of Tennessee. 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.


Nashville, Tennessee Reverse Mortgage Team

We can assist you in obtaining your Reverse Mortgage in the city of Nashville, Tennessee 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 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!!

    Mike Sigmon
    Reverse Mortgage Specialist

    Michael Sigmon is a Senior Reverse Mortgage Specialist at New Castle Mortgage.

    He was born and raised in North Carolina and moved to Nashville in 1987 after spending many years in Alabama managing branch offices for a financial services company. A veteran of the mortgage lending industry for over 30 years, he has been a Reverse Mortgage Specialist since 2007. He became interested in Reverse Mortgages while doing research for his Mom, who eventually obtained a Reverse Mortgage of her own.

    Mike says, “The Reverse Mortgage is by far, the most helpful mortgage loan product I have ever been involved with.  It’s a win – win for everyone.”

    “Why wouldn’t anyone want access to a line of credit that doesn’t have to be repaid until after their death, or can be repaid at any time, under any terms?”

    Mike believes that helping seniors with their Reverse Mortgages has given him the most personal satisfaction of any form of mortgage lending he’s ever done.

    Michael currently resides near Nashville, TN with his wife, Diane and their two teenage sons. He can be reached at 615.202.6245 or by email at

  • Robert McCarthy
    Reverse Mortgage Specialist
    Robert McCarthy
    Reverse Mortgage Specialist

    Robert is a Reverse Mortgage Specialist from Nashville, TN.  He graduated from Belmont University with a bachelor’s degree in Business Administration. In 1991, he entered the field of Banking as a Loan Officer, and then went on to manage a Credit Union, gaining almost 20 years of financial experience.

    He joined New Castle Mortgage in 2010 as an NMLS licensed Loan Originator. In Banking, he recognized the difficulty of lending to responsible senior citizens due to the bank’s higher income requirements. He saw Reverse Mortgages as an effective tool to help seniors secure their financial future by simply living in their homes, regardless of income or credit. The most rewarding part of his job is being instrumental in helping homeowners become free of the burden of monthly house payments and the limited lifestyle of a fixed income.

    Robert is married to Kathy, a school teacher, and has 3 children attending local Nashville schools. He is an active member of his church, volunteer for the Room in the Inn ministry and a member of Greenways for Nashville. You may find Robert biking on a Greenway, hiking at Radnor Lake or other nearby trail, or attending his children’s dance and sports activities.

    Call Robert anytime you have a question regarding a Reverse Mortgage. You will get an honest, straightforward explanation of the facts that show why the Reverse Mortgage is the latest strategy being used to secure a senior’s ongoing quality of life.

    Rachel Hardaway
    Loan Processor
Meet Team