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Alta Loma Reverse Mortgages

Reverse Mortgages Near You - Alta Loma Reverse Mortgage Lender

Meet Susana Rhoades

Susana Rhoades Reverse Mortgages

Susana Rhoades

VP of Reverse Mortgages

NMLS #760390


(909) 757-1840

 

 

Get the best reverse mortgage deals in Alta Loma, California.

Susana Rhoades and Change Home Mortgage are your go-to team in Alta Loma when you need expert advice about reverse mortgages – from Covina to Fontana and anywhere throughout Pomona Valley and Los Angeles County.

Susana has decades of experience working in the mortgage industry including more than 20 years specializing in reverse mortgages.

She has helped hundreds of clients navigate both reverse and traditional mortgage solutions.

Alta Loma, California
Caption: Alta Loma, California. Credit: Wikimedia Commons.

“One of the most fulfilling parts of my work is creating those ‘lightbulb moments’ when people realize the vast possibilities a reverse mortgage can offer,” Susana said.

Her motivation comes from seeing her clients breathe that sigh of relief when they twig that she has found a way to supplement their income and rid them of their financial worries.

She is also driven to educate seniors about the opportunities they may be missing.

“Despite the clear benefits, reverse mortgages are still misunderstood and underutilized as part of a comprehensive retirement plan,” she said.

That’s why she hosts educational workshops and collaborates with industry professionals to illustrate how reverse mortgages can be such an invaluable financial tool in retirement.

“My own father became one of my reverse mortgage clients.

“It was heartening to see first hand how it allowed him to upgrade his home so he could safely age in place and continue being part of the community he loves.”

Susana is also a proud Mom of who she describes as her “amazing young adults”, she serves on the board of her local Habitat for Humanity, and she is a former board member for Autism Spectrum Athletics.

“Contributing to a better world is not just my job – it’s my passion,” she said.

What is a reverse mortgage?

A reverse mortgage is one of the most misunderstood yet effective loans that has the power to transform the lives of seniors and retirees who find themselves in financial difficulty.

It is specifically designed for people at least 62 years of age who have equity in their properties but are finding the cost of day to day living challenging.

A reverse mortgage allows you to draw on that equity and convert it into cold, hard cash.

It’s a win-win because it gives you a brand new income stream, while also allowing you to continue to live in your family home without having to sell up and downsize just to put food on the table.

The extra money not only takes care of day to day expenses but will likely leave you extra money to enjoy your retirement in some style.

You may want to take that long planned family vacation, spend it around the home or simply splash out on some nice dinners and shows.

Funds can be made available in a number of different ways including a line of credit, monthly installments, a lump sum or even a combination of all three.

As long as the terms of the loan are met, it does not require repayment until either the homeowner sells or the last surviving borrower passes away.

It’s one of the smartest ways homeowners can put their financial struggles behind them whilst boosting their standard of living.

Average house prices in Alta Loma reached $825,485. That was up 6.0% over the last 12 months (https://www.zillow.com/home-values/816080/alta-loma-rancho-cucamonga-ca/).

There are 2,565 people in and around Alta Loma who already have a reverse mortgage with 150 of them taking advantage of one in the last 12 months.

About Alta Loma, California

Alta Loma, California, is a scenic neighborhood located in the northern section of Rancho Cucamonga, in San Bernardino County. Nestled at the base of the San Gabriel Mountains, Alta Loma is known for its picturesque views, peaceful suburban atmosphere, and spacious homes. This charming community has a population of around 45,000 residents and offers a tranquil lifestyle that feels close to nature, while still providing convenient access to the amenities of the larger Rancho Cucamonga area.

Originally an independent area, Alta Loma has a rich history rooted in agriculture, particularly in the cultivation of citrus groves that flourished in the early 20th century. Today, while the groves have largely been replaced by residential neighborhoods, the area retains a rural charm with its wide streets, well-kept yards, and scenic mountain backdrop. Alta Loma is well-regarded for its spacious homes and larger-than-average lot sizes, giving residents a sense of openness and privacy.

Alta Loma’s proximity to the San Gabriel Mountains offers residents easy access to outdoor recreation. Hiking enthusiasts love exploring the local trails, including the popular North Etiwanda Preserve, which offers scenic paths, native plants, and stunning views of the valley below. The neighborhood’s foothill location also provides opportunities for residents to enjoy other outdoor activities, such as horseback riding and cycling. Additionally, several local parks, like Heritage Community Park and Central Park in Rancho Cucamonga, provide family-friendly spaces with playgrounds, sports fields, and picnic areas.

Education is an important aspect of life in Alta Loma, and the area is served by the highly-regarded Alta Loma School District and the Chaffey Joint Union High School District. Schools in Alta Loma are known for their strong academic programs and community support, making this area an attractive choice for families seeking a quality education for their children. Alta Loma High School, in particular, has a reputation for academic excellence and offers a range of extracurricular activities that support students’ personal growth and development.

Alta Loma’s convenient location near Rancho Cucamonga means that residents have easy access to a variety of shopping, dining, and entertainment options. Just a short drive away, Victoria Gardens, an expansive outdoor shopping and entertainment complex, provides a selection of retail stores, restaurants, and cultural events. Rancho Cucamonga’s vibrant downtown area and community events, such as seasonal festivals and farmers' markets, add to the quality of life for Alta Loma residents.

As a reverse mortgage loan officer serving Alta Loma, I am proud to assist homeowners in this beautiful and community-focused neighborhood. Whether you’re exploring ways to access the equity in your home with a reverse mortgage or seeking financial options to enhance your retirement, I am here to provide personalized support tailored to your needs. Alta Loma is a unique blend of natural beauty, quiet suburban living, and a strong sense of community, making it a wonderful place to call home.

Contact your Alta Loma reverse mortgage lender today.

Susana and her Change Home Mortgage team would love to help you sustain a better retirement with the assistance of a reverse mortgage.

Please call Susana on (909) 757-1840 and she will be delighted to offer you a no obligation assessment of your position.

*As of November 2024

 

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