A Note from Hope Katz Gibbs, founder, The Truly Amazing Women project — I invite you to tune in for today’s episode of the Truly Amazing Women show where we’ll be shining a spotlight on Mary Jo Lafaye, a licensed Home Equity Retirement Income (HECM) Specialist with Mutual of Omaha Mortgage
Today we’ll discuss: What is a reverse mortgage? How can it help you manage your most precious asset? And, how did Mary Jo find herself in this amazing career of helping so many people?
Mary Jo explains: “I am excited to share with our audience the practicalities of getting a reverse mortgage, the real-life considerations that individuals and couples need to make when deciding to get one, the challenges they may face, and the psychological hurdles that many have to overcome to make a good decision as to whether or not to get one.”
About our Guest: Mary Jo Lafaye is a licensed Home Equity Retirement Income (HECM) Specialist with Mutual of Omaha Mortgage. Prior to her current position, Mary Jo accumulated 19 years in the reverse mortgage field, including seven years with Security One Lending and five years with Wells Fargo Home Mortgage. During this time, she earned numerous awards, including Wells Fargo Leader’s Club Member, with the highest customer service scores. She was chosen to train Private Bankers and Wealth Management Advisors on the most effective ways to employ this repayment-deferred line of credit as a retirement planning and cash-flow management tool to create more sustainable income throughout retirement.
Well-known as a trusted resource for retirees, Mary Jo has taught HECM concepts to real estate finance students at the College of San Mateo and those seeking their SRES designation. She has participated in panel discussions and delivered hundreds of seminars and talks to groups ranging from the Retired Firemen’s Association, Kaiser Permanente, Rotary Club, CPA Discussion Groups, CalCPA, SILVAR, SAMCAR, FPA, MAR, NorBAR, NAPFA, PFAC, Marin County Bar Association and many more. She enjoys educating and working with mature homeowners, their families, and trusted advisors to secure long-term sustainable retirement solutions. She is also certified to offer complimentary one and two-hour Continuing Education (CE) classes for CFPs, CPAs, and Realtors.
Originally from Houston, Texas, Mary Jo has made the West Coast her home for over three decades. She enjoys cycling, hiking, yoga, cooking, and traveling in her spare time. She is also conversational in Spanish, having traveled extensively throughout Mexico. Through donations for each funded loan, Mary Jo supports OxFam International and OxFam America’s mission to create a just world without poverty.
Contact Mary Jo: 415-259-4979 • firstname.lastname@example.org