The Reverse Mortgage Professional

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Mortgage and Lending - Orange County, Corona, Riverside, Los Angeles - NMLS#203003
All things Reverse
RECENT BLOG POSTS
A Video about Reverse Mortgage was posted Feb 9, 2010 on CNN Money's Ask The Expert section   I'm signed up for "Google Alerts" for the keywords "reverse mortgage" and today a great little tidbit showed up. A couple of days later than the date of the post, but still pretty good that I found it as...
02/17/2011
    Based in Corona, I specialize in Reverse Mortgages for senior homeowners and home buyers in Southern California.    Fixed or Adjustable, Reverse Mortgages can now be used to purchase a home with no minimum credit score qualifications and only minor income qualifications.  And of course, no re...
02/16/2011
Information about City of Corona Home Improvement Grants and Loans Last week I met with the Corona Redevelopment Agency to learn more about their Home Improvement Program.  This is a useful program for folks who live within the city limits and want to fix up their single family or mobile home, b...
02/16/2011
A friend of mine posted this comment on Facebook last night.  I trust him on this information and thought it would be good to pass on.  "Had a scam attempted on me last evening. got a Robo call stating that my debit/credit cards have been revoked and to press 1 to contunue. so I pressed 1 The sam...
02/09/2011
  Reverse Mortgage Quiz - Have fun with this new quiz! 1) What is the minimum age allowed for a reverse mortgage? borrower? a) 55 b) 60 c) 62 d) 65 2) What does HECM stand for? a) Home Equity Conversion Mortgage b) Housing for Elder Community Mortgage c) Housing Equality Cooperative Mortgage d) H...
02/08/2011
  Yorba Linda Reverse Mortgage Question  - My wife is not 62, but I am - can I get a reverse mortgage? I get asked this question quite a lot and everyones situation is different, but here goes. In order to qualify for an FHA Reverse Mortgage all owners on title must be over the age of 62 and livi...
02/05/2011
Corona Homeowners - It pays to be Water Wise.  The city of Corona is relaunching their Turf Removal Rebate Program to run from January through June 2011 or until the designated funds are gone.  The rebate amount is $1 per square foot (up to a maximum of $1,000.00) of turf removed and converted to...
01/31/2011
Folks in Riverside may have seen this Fox News segment on Reverse Mortgages. Watch the latest video at video.foxnews.com   It's worth listening to... Apparently, Fox got it wrong the first go around - good for them to correct their report. Here is a link to the organization that they refer to at ...
01/28/2011
Riverside Reverse Mortgage Question?  Why is HUD taking over my reverse mortgage? Over time, the loan balance on a reverse mortgage increases.  This is due to accrued interest and may also be due to line of credit withdrawals, or payments (loan advances) made to the borrower.  A part of the secur...
01/27/2011
Corona Reverse Mortgage Question - Who Gets My Home When I Die?Your heirs do!  Contrary to the very common myth, the bank does not own your home - you do. A reverse mortgage is just a loan against the home like any other mortgage.  The major difference is that usually on a reverse mortgage the p...
01/26/2011
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Deborah Nance

Southern California , Reverse Mortgage Specialist
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What You Want To Know & Need To Know About Reverse Mortgages - “The postings, statements and opinions on this site are my own and do not necessarily represent the opinions and positions of my employer, and/or it's affiliates."