Reverse Mortgages Near You - Chino Hills Reverse Mortgage Lender
Meet Susana Rhoades
Susana Rhoades
VP of Reverse Mortgages
NMLS #760390
(909) 757-1840
Get the best reverse mortgage deals in Chino Hills, California.
Susana Rhoades and Change Home Mortgage are your go-to team in Chino Hills 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.
“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 Chino Hills reached $982,343. That was up 7.4% over the last 12 months (https://www.zillow.com/home-values/10815/chino-hills-ca/).
There are 3,232 people in and around Chino Hills who already have a reverse mortgage with 167 of them taking advantage of one in the last 12 months.
About Chino Hills, California
Chino Hills, California, is a thriving city located in southwestern San Bernardino County, known for its beautiful rolling hills, high quality of life, and family-friendly neighborhoods. With a population of around 83,000, Chino Hills offers residents a blend of suburban comfort and natural beauty, along with a reputation as one of the safest cities in California. The city’s convenient location, just a short drive from Los Angeles, Orange, and Riverside counties, makes it a desirable place to live for those who want a peaceful environment with easy access to nearby urban centers.
Chino Hills boasts a rich history that dates back to the days of early Spanish ranchos, when the land was used primarily for grazing cattle and agricultural purposes. Over time, the area transitioned into a residential community while retaining much of its scenic charm. The city’s dedication to preserving open spaces is evident, as about a third of Chino Hills is designated as open land. This commitment to green space contributes to the area's natural beauty, offering residents expansive views and plenty of opportunities to enjoy the outdoors.
The city is known for its impressive parks and recreational facilities, which make it a haven for outdoor enthusiasts and families. Chino Hills State Park, one of the largest state parks in the area, provides over 14,000 acres of rolling hills, scenic trails, and wildlife viewing opportunities. This park is a popular destination for hiking, mountain biking, horseback riding, and even camping. Other local parks, such as Veterans Park and the award-winning Ruben S. Ayala Park, offer sports fields, playgrounds, picnic areas, and places for families to gather and enjoy the beautiful Southern California weather.
Chino Hills also offers a variety of shopping, dining, and entertainment options. The Shoppes at Chino Hills, an open-air lifestyle center, is one of the city’s popular destinations, featuring a mix of high-end stores, local boutiques, restaurants, and entertainment venues. The Shoppes regularly hosts community events, live music, and seasonal celebrations, creating a lively atmosphere that draws both residents and visitors. For those seeking more cultural and family-friendly activities, Chino Hills has a variety of local events, such as summer concerts in the park and holiday festivals that bring the community together.
Education is another point of pride in Chino Hills, with the city being served by the highly rated Chino Valley Unified School District. Schools in Chino Hills are known for their strong academic programs and dedicated teachers, making the city a popular choice for families. The city is also home to Chino Hills High School, which is well-regarded for its academic and athletic programs. For higher education, nearby colleges and universities, such as California State Polytechnic University, Pomona, provide opportunities for continued learning and career advancement.
As a reverse mortgage loan officer serving Chino Hills, I am honored to assist homeowners in this exceptional community. Whether you’re exploring the benefits of a reverse mortgage to unlock the equity in your home or looking for financial options to secure your retirement, I am here to provide knowledgeable support and personalized solutions. Chino Hills is a place where natural beauty, community spirit, and modern amenities come together to create an ideal environment for living and thriving.
Contact your Chino Hills 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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