Mortgage and Lending
Southern California , Reverse Mortgage Specialist
Orange County, Corona, Riverside, Los Angeles
Knowledgeable, professional, direct & compassionate; with 12 years specializing in only Reverse Mortgages, & based in Riverside, CA I can absolutely help you, or your clients with a reverse mortgage.
Get to know Deborah Nance
My mother is one of the main reasons I got into the business of Reverse Mortgage in Southern California. Eleven years ago she and my dad were having troubles meeting their monthly obligations. Living on a fixed income in a home that they had paid cash for sounded like the perfect retirement, but the beautiful lake front home they bought had some construction defects and was in need of repair. Mom's dream home was turning into a money pit and they had racked up some debts that were biting into their income. As the eldest daughter and with lots of escrow and lending background, mom turned to me to find out about a Reverse Mortgage. Together we walked through the process and today, 11 years later I have to say, Mom has very few financial worries. The money they save monthly by not having debt payments, goes into a travel fund that they enjoy thoroughly. They also have a healthy line of credit set aside for emergencies and have recently used a bit of those funds to install a chair lift in their home, making it more "Age In Place" friendly.
I grew up in Southern California and have lived all of my adult life in the Inland Empire. I currently reside in Riverside, California. I have been married 37 years to my husband, David. We have 4 children, two still at home.
I am the eldest of 7 siblings and take special pride in that role. My mother is a great inspiration to me and lives nearby in Temecula, California. All of my siblings are also still in Southern California and we love to get together at mom and pops house for holidays, birthdays and just dropping in.
I believe that Attitude is Everything and Charles Swindoll's quote hangs prominently in my office. (If you would like a copy of it just email me and I will send it to you in a Word file!) His famous lines help me to stay centered and focused day to day as a mother, wife, sister, friend and advisor.
Deborah Nance's Blog Posts
Centrally located in Corona, CA, I specialize in Reverse Mortgages for senior homeowners and home buyers in Southern California. A Reverse Mortgage can be used as a financial tool to help structure your retirement to be all you dreamed. I specialize in working with your financial professional or other trusted advisor to assist you in developing a well protected stream of retirement income.
Fixed or Adjustable, Reverse Mortgages can now be used to purchase your home with no minimum credit score qualifications and only minor income qualifications. And of course, no required principal or interest payments on a reverse mortgage!
My clients have used a Reverse Mortgage in Southern California for a variety of important reasons:
To set up funds for in home care To supplement retirement income To reduce Taxable Income To set up college funds for grandchildren To update and remodel their home To eliminate monthly mortgage payments, increasing their cash flow. In Los Angeles, Riverside, Orange and San Diego Counties, I have helped many homeowners aged 62 or better to obtain a government insured reverse mortgage.