HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings. Moving the Housing Market Forward.

Nashville-area Reverse Mortgage Specialist Passes Away

Reverse mortgage specialist Michael Sigmon, who has served as an originator with New American Funding in Nashville, Tenn. since 2018, passed away on Sunday, August 29, RMD has learned. He was 68 years old.

Michael Sigmon

Sigmon’s career in the reverse mortgage business goes back to at least 2007, when he began working for Brentwood, Tenn.-based Churchill Mortgage as a reverse mortgage specialist. From there, he moved onto serving as a reverse mortgage loan originator for Reliant Bank briefly before serving several years at New Castle Mortgage in the greater Nashville area, before joining New American Funding in late 2018.

Sigmon’s obituary makes mention of his career path in the reverse mortgage industry as one of the things that brought his life joy.

“Making people happy wasn’t just part of Mike’s personal life, it was part of his career, where he was a reverse mortgage specialist,” the obituary reads. “The relationships he had with his clients and helping them use their home ownership to reach their financial goals brought him great joy — it also made him a top producer for New American Funding.”

Sigmon maintained over 30 years of experience in the financial services industry. After transitioning to mortgage lending, he decided to move to Nashville which led him to meet the woman who ultimately became his wife in 1990.

The family requests that memorials can be made to the Fourth Avenue Church of Christ Benevolence Fund in Franklin, Tenn., according to the obituary.

RMD extends our condolences to Mr. Sigmon’s friends and family during this difficult time.

Latest Articles

HW+ Member Spotlight: Tom O’Donoghue HW+

This week’s HW+ member spotlight features Tom O’Donoghue, owner at Reverse Loans Now. O’Donoghue has been in mortgage banking for more than 30 years and has been helping and committed to working with Senior Citizens for the last seven years. HW Media: What is your current favorite HW+ article and why? Tom O’Donoghue: How inflation could be a net benefit […]

Aug 12, 2022 By