Reverse Mortgages Near You - Upland Reverse Mortgage Lender
Meet Susana Rhoades
Susana Rhoades
VP of Reverse Mortgages
NMLS #760390
(909) 757-1840
Get the best reverse mortgage deals in Upland, California.
Susana Rhoades and Change Home Mortgage are your go-to team in Upland 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 Upland reached $812,631. That was up 5.1% over the last 12 months (https://www.zillow.com/home-values/27512/upland-ca/).
There are 2,878 people in and around Upland who already have a reverse mortgage with 168 of them taking advantage of one in the last 12 months.
About Upland, California
Upland, California, is a charming city located at the base of the San Gabriel Mountains in San Bernardino County. Known for its historic downtown, scenic mountain views, and welcoming community, Upland offers a peaceful suburban lifestyle with easy access to the greater Los Angeles area. With a population of around 77,000 residents, Upland combines small-town charm with a sense of modern convenience, making it an attractive place to live in Southern California.
Upland's history dates back to the late 19th century when it was founded as an agricultural community, originally known as North Ontario. The city has deep roots in citrus farming, and remnants of this heritage are still evident in its historic neighborhoods and community culture. Today, Downtown Upland is a beloved area that reflects the city’s historic charm, featuring quaint shops, cafes, and local businesses housed in beautifully preserved early 20th-century buildings. The downtown area is also home to several community events, including the Upland Lemon Festival, which celebrates the city's citrus-growing legacy each spring.
One of Upland's highlights is its close proximity to outdoor recreation. The nearby San Gabriel Mountains and Angeles National Forest provide ample opportunities for hiking, biking, and exploring nature. The North Etiwanda Preserve, a short drive away, offers scenic trails with beautiful views of the surrounding valleys and mountains, making it a popular spot for outdoor enthusiasts. Residents also enjoy access to local parks like Memorial Park, Cabrillo Park, and San Antonio Park, where they can relax, picnic, and enjoy recreational activities.
Upland is known for its strong sense of community, evident in its many local gatherings and events. The Upland Farmers' Market, held in Downtown Upland, allows residents to shop for fresh produce, artisanal goods, and handmade crafts. The city also hosts seasonal events such as the annual Fourth of July celebration and the Christmas Parade, which bring the community together and create lasting memories for families.
Education is an important aspect of life in Upland, with the Upland Unified School District serving the city’s K-12 students. The district is known for its commitment to providing quality education and fostering a supportive learning environment. Additionally, Upland is conveniently located near several higher education institutions, including Claremont Colleges, California State Polytechnic University, Pomona (Cal Poly Pomona), and the University of La Verne, providing residents with a variety of educational opportunities close to home.
As a reverse mortgage loan officer in Upland, I am honored to serve the residents of this friendly and scenic city. Whether you're exploring options to access your home’s equity or seeking financial flexibility, I am here to provide expert guidance tailored to your needs. Upland is a community with a strong connection to its past, a love for the outdoors, and a commitment to quality of life, making it a wonderful place to live and enjoy life.
Contact your Upland 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
Please provide your info below to request your no-obligation reverse mortgage quote.
Thank You!
Your request has been submitted. We will get back to you promptly and look forward to speaking with you!
