Wells Fargo Home Mortgage Appoints Reverse Mortgage Specialist to Serve Coastal Orange County Seniors

Asela Thomason joined Wells Fargo Home Mortgage as a Reverse specialist in the Seal Beach office. A reverse mortgage is a loan that enables senior homeowners to convert part of the equity in their home into tax-free income without having to sell the home, give up title, or take on a new monthly mortgage payment. Reverse mortgages are generally limited to individuals 62 years and above who own their homes free and clear of debt, or have only a small loan balance remaining. You can call Asela at 866-328-4314 for more information on a Reverse mortgage.

Seal Beach, CA (PRWEB) May 25, 2005 -- Asela Thomason has joined Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A., and one of the nations leading providers of residential mortgages, as a reverse mortgage consultant.

In this role, Thomason will work exclusively with senior homeowners seeking a reverse mortgage, a home financing program that allows homeowners to utilize the equity in their home to supplement their retirement income. Thomason will be based in Wells Fargo Home Mortgages Seal Beach office, and will serve customers statewide.

Thomason has more than 20 years of corporate and formal education experience. Thomason speaks fluent Spanish and will assist the Latino seniors in obtaining Reverse mortgages. Prior to joining Wells Fargo Home Mortgage she served as a Lecturer for the School of Business at Long Beach State.

We are excited to have a reverse mortgage consultant on our team who will be able to focus on the needs of our senior customers in coastal Orange County," said David Huntley, Branch Manager of the Orange County Coastal office. Reverse mortgages are quickly gaining in popularity among senior homeowners, so we are pleased to offer Aselas expert consultation."

A reverse mortgage is a loan that enables senior homeowners to convert part of the equity in their home into tax-free income without having to sell the home, give up title, or take on a new monthly mortgage payment. Reverse mortgages are generally limited to individuals 62 years and above who own their homes free and clear of debt, or have only a small loan balance remaining.

For more information on reverse mortgages, call 866-328-4314.

Wells Fargo Home Mortgage is the nation's No. 1 retail mortgage lender*, the No. 1 lender to both low-to-moderate-income customers and ethnic minorities, and one of the country's leading servicers of home mortgages. It operates the country's largest mortgage network from more than 2,000 mortgage and Wells Fargo banking stores and the Internet. Based in Des Moines, Iowa, it serves about 5 million customers in all 50 states through its retail and wholesale lending operations.

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