tri-cities-banner

Tri-Cities Reverse Mortgages

Have questions about Reverse Mortgages in Tri-Cities?

New Castle Mortgage of Tri-CitiesThe Reverse Mortgage Specialists of Tri-Cities of Bristol, Johnston City, Kingsport and all of Tennessee.

We can assist you in obtaining your Reverse Mortgage in the Tri-Cities, all of Sullivan County, Washington County, Hawkins 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.

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 16 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 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 retirement.

423-913-4733

Tri-Cities Reverse Mortgage Team

We can assist you in obtaining your Reverse Mortgage in the cities of Johnson City, Bristol, Kingsport and surrounding areas.

  • Lori McGinnis
    Reverse Mortgage Specialist
    Lori McGinnis
    Reverse Mortgage Specialist

    Lori McGinnis has been involved in the Reverse Mortgage industry for over 13 years. She began her career in finance in 1991 and quickly excelled as a top sales and land/home coordinator in residential development. In this role she led her company to record production and expansion growth from one sales center to four. It was a great time in the housing market and Lori made quite a name for herself and became well known in the lending industry.

    In 2002 Lori McGinnis heard about the Reverse Mortgage and as do many people, felt "this is just too good to be true". Committed to doing more research and study on the product, soon found that it was in fact, everything it seemed to be. She began her Reverse Mortgage career with Transland Financial in Orlando Florida were she was able to utilize her experience in finance and leading sales teams to grow her region to top in the nation. (company licensed in 37 states). 

    In the years to follow Lori worked at Bank of America, MetLife and Security One Lending specializing in Reverse Mortgages while leading teams of up to 40 Reverse Mortgage Specialists to a Presidents club level of success resulting in numerous awards for merit and sales records.

    They say, no matter how far you may travel, you always come home. While working at Security One Lending Lori met Mike Holton, the Founder and Owner of Newcastle Mortgage based in Nashville Tennessee. It was easy to see that Lori and Mike Holton had many similar views particularly the commitment to excellence in business. Life has been wonderful for Lori and allowed for many notable accomplishments and now the most exciting opportunity of them all. To bring everything in her arsenal of experience back home to Tennessee and share with her Home Town Neighbors. Opening the newest Branch of Newcastle Mortgage in the Tri Cities is an exciting pinnacle to her career of working with active retirees. To assist them to achieve financial security, retirement income strategy, right sizing in a new home, or merely aging in place without fear of loss of independence. For Lori - Life is as good as it gets!

    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!!

Estimate
Estimate
Estimate
Estimate
Estimate
Estimate