Call us: (407)-453-1641   |   Toll Free: 1-866-738-3773

Elena Bay, CSA (Certified Senior Advisor)
M.A. in Education
B.S. in Business Administration
Founder & CEO
1-866-REVERSE

Thank you so much for visiting my website!

My name is Elena Bay, and I am the founder and CEO of 1-866-REVERSE, LLC.

Let me tell you my story and what brought me to the decision to found this company.

I was born and raised in Europe and came to the U.S. in December 2001 to teach middle and high school kids.  I’ve always had passion for education and for helping people. I enjoyed my teaching career for many years until in June 2003 I met this wonderful 78 y.o woman named Lynn who introduced me to the concept of the reverse mortgage. She had one herself at that time and it sparked my interest. She explained to me that a reverse mortgage is a home equity loan for seniors that does not require any monthly payments. How great is that! She also told me that there are no credit or income requirements and all you have to do to qualify is to be of age 62+, own a home and have significant equity in your home.  You can use proceeds from a reverse mortgage for any purpose: pay for your medical expenses, do house remodeling, go travel and see the world or whatever your fancy inspires you to do.  You can even leave it in the line of credit that will accrue a very competitive interest growth rate and see you money grow!  The title remains in your name and the loan is only due when you permanently leave the house.

When I asked Lynn what she did with the money, she said that first of all her lender paid off her $90,000 mortgage and based on the equity in her house at that time she was able to receive additional $60,000!  She took $10,000 upfront to do some house repairs and left the remaining funds in the line of credit. When she needs the money, she just sends a request to the lender and they mail her a check for the amount  she requests.

During our long conversations with Lynn, I found out that after her husband  of 40 years passed away 10 years ago, that a reverse mortgage was the best financial decision she’s ever made for herself and he would’ve been very proud of her.

After I got to know Lynn better and after our numerous conversations I became so fascinated with reverse mortgages that decided to do some research and the more I  learned about it, the more excited I got. It made me think of my grandmother who died of a heart attack when she was just 58 y.o. because she couldn’t afford expensive medications for her heart condition and was too embarrassed to tell her family about it. If the reverse mortgage program was available at that time, it could’ve been a life-saver for her.  And it just struck me, “How many men and women are out there who are not aware of this wonderful program and whose lives could be changed if they knew how to access this resource!”

That’s how I decided to apply my educational background and start educating seniors, their family and trusted advisors on the benefits of this program.  It’s been 5 years already since I entered the reverse mortgage world. I’ve been a notary closing agent, a processor, a loan officer, a reverse mortgage company branch manager and last year I decided to found a company 1-866-REVERSE and dedicate it to raising public awareness and educating community on the benefits of the reverse mortgages. My associates and I have assisted hundreds of people over the last 5 years in applying for a reverse mortgage.

It touches me deeply when our clients tell me how grateful they are to us for explaining the benefits of the program  and assisting them in every possible way before, during and after their application, and making the whole process a very easy, stress-free and enjoyable experience. At the same time, people ask us to keep up our hard work at helping seniors live a decent, respectful, independent life that they deserve.

IF YOU ARE A HOMEOWNER, AGE 62+, AND WOULD LIKE TO ENHANCE YOUR LIFESTYLE, PLEASE CALL ME FOR A FREE, NO OBLIGATION CONSULTATION TO ASSESS YOUR POTENTIAL REVERSE MORTGAGE BENEFITS.  

IF YOU ARE A SON OR A DAUGHTER WHOSE PARENTS ARE HOMEOWNERS 62 YEAS OF AGE OR OLDER, PLEASE CALL ME TO DISCUSS THEIR POTENTIAL BENEFITS.

IF YOU ARE A PROFESSIONAL OFFERING SERVICES TO SENIORS, PLEASE CALL ME TO DISCUSS HOW WE CAN HELP  OUR CLIENTS TOGETHER. 

IF YOU ARE A COMPASSIONATE, CARING PERSON, WHO KNOWS A SENIOR HOMEOWNER WHO CAN BENEFIT FROM THE PROGRAM, PLEASE CALL ME TO DISCUSS WHAT WE CAN DO TO HELP

1-866-REVERSE – HELPING  SENIORS WITH PASSION AND COMPASSION!

Call us: (407)-453-1641   |   Toll Free: 1-866-738-3773