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
  How will the new HECM program changes affect my ability and eligibility to get a reverse mortgage?   On September 3, 2013 FHA released it’s newest mortgagee letters detailing the upcoming changes to the HECM program.  The changes are many and fairly complex, which could make it more difficult ...
09/05/2013
I love my job! It is so gratifying when happy clients take a minute to respond to our loan quality survey.  Here are some recent reverse mortgage testamonials... From a young couple (just 62) in Orange County.... A financially savvy widow in Covina with a gorgeous view home...   I enjoyed working...
08/28/2013
      I am so excited for Mr. and Mrs. G who just closed on their reverse mortgage saving their Huntington Beach home from foreclosure and updating it with a needed new roof.  They purchased their home 27 years ago and only had 3 years left to pay on their (1985 rates) mortgage.  Enter health iss...
08/26/2013
It's a Question that is asked by Realtors®, Sellers and Buyers alike.  Why would a seller choose an offer from a buyer financing their home purchase with an "FHA-HECM For Purchase" loan? Here are some compelling reasons that many sellers would and in fact do prefer this offer. 1. Owner occupied f...
05/31/2013
Riverside Zillow Home Value Index Riverside real estate info   I got a phone call yesterday from John C. who wondered if home values had risen enough for him to now qualify for a reverse mortgage (was short to close when he first inquired in 2010).  The answer is MAYBE!  And recently the answer ...
05/02/2013
I do love my job!  I have been brainstorming with this one couple in Yucaipa for over 2 years.  They knew a reverse mortgage would be a part of their retirement strategy, just not sure when or how.  They looked into two options. Refinancing their current home with a reverse mortgage to payoff the...
04/22/2013
Thank you for visiting my page about Reverse Mortgages in Orange, California My name is Deborah Nance and I have worked exclusively as a Reverse Mortgage Specialist here in the Southern California since 2005, helping homeowners in Orange, Anaheim and Tustin as well as other great communities. I ...
04/12/2013
Hi Deborah,  Can I qualify for a reverse mortgage?  I am single and 64 years old.  My home is worth about $310,000 and I owe $107,000, with another 11 years to pay on it.  I do have about $150,000 in a retirement account.  I recently lost my job, which covered my house payment and I don’t want to...
03/04/2013
I still have a mortgage on my home -  do I qualify for a reverse mortgage?   A reverse mortgage can be used to payoff an existing mortgage and in my experience the majority of folks that I work with do have an existing mortgage (or two) to payoff.  The kicker is, will the reverse mortgage provide...
02/05/2013
It seems to be easy for folks to learn through stories, so I thought I'd post about a client in Redlands, California who just closed on her reverse mortgage.   A younger senior, in her late 60's, Ms. B husband passed away almost 10 years ago and it's been a struggle to make it on one income.  Whe...
11/28/2012
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DeborahNance

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."