Newport Beach Reverse Mortgage

Top 5 reasons to talk to us about a Tustin Reverse Mortgage…

1. Financial planning. The value of your home will move up or down regardless of the mortgage you have on it, if any. Why not rebalance some equity into other investments? See our example case studies for more options, or ask us, but one family pulled money out of their primary home to buy a 2nd home for cash near their grandchildren. No equity was lost – they just shifted it from one house to two, and enjoy a better quality of life to be near family.
2. Cash is King. It’s always better to have liquid funds available and not need it, than the other way around.
3. Clear out medical or other debts, and improve your quality of life. One couple had several thousands of dollars in dental work they’d put on a credit card, and were steadily paying down via social security, but that meant not visiting their children. With a reverse mortgage you’ll still leave the home to your kids if that’s what you choose, they’ll just have a small mortgage on it they can refinance or pay off.
4. Stay out of a Nursing Home. By planning ahead with retrofitting and in-home care when you’re further along and need some help, a Newport Beach Reverse Mortgage can help you by freeing up cash for this.
5. Giving to family while you’re around to enjoy the transfer. A lot of well meaning families plan to leave their home to heirs – but by spreading this out over a number of years, you may be able to reduce the tax implications by staying below the annual gift-tax threshold, and you’re also able to have a hand in directing those funds toward grandkid’s college funds, travel together and more.

Next step: Schedule a free consultation with us about your Newport Beach Reverse Mortgage and get some options. No pressure – just numbers to consider. More about our city… Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. The current OMB metropolitan designation for Newport Beach and the Orange County Area is Santa Ana-Anaheim-Irvine, CA. As of 2007, the population was 84,218. ^[1] The area code for Newport Beach is 949. The city is home to several well known communities and recent annexations including Balboa Island, Corona del Mar, San Joaquin Hills, Santa Ana Heights, andNewport Coast. Attractions include beaches on the Balboa Peninsula (featuring body-boarding hot-spot The Wedge) and in Corona del Mar.Crystal Cove State Park is located at the southern end of the coast. The Catalina Flyer, a giant 500 passenger catamaran, provides daily transportation from the Balboa Peninsula in Newport Beach to Avalon, California located on Santa Catalina Island. The historic Balboa Pavilion, established in 1906, is Newport Beach’s most famous landmark. There are a variety of options that include fishing, arcade games, and nice restaurants. The Balboa Fun Zone, located on the Balboa Peninsula near the Balboa Island Ferry, features a ferris wheel, an old-time Merry-Go-Round and several quaint shops and restaurants. The Orange County Museum of Art is a museum that exhibits art from a variety of modern artists.

Newport Beach History

In 1870 a steamer named “The Vaquero” made its first trip to a marshy lagoon for trading. Ranch owners in the Lower Bay decided from then on that the area should be called “Newport.” In 1905 city development increased when Pacific Electric Railroad established a southern terminus in Newport connecting the beach with downtown Los Angeles. In 1906 with a population of 206 citizens, the scattered settlements were incorporated as the City of Newport Beach. Settlements filled in on the Peninsula, West Newport, Balboa Island and Lido Isle. In 1923 Corona del Mar was annexed and recently in 2002 Newport Coast was annexed.

Top 5 reasons to talk to us about a Tustin Reverse Mortgage…

1. Financial planning. The value of your home will move up or down regardless of the mortgage you have on it, if any. Why not rebalance some equity into other investments? See our example case studies for more options, or ask us, but one family pulled money out of their primary home to buy a 2nd home for cash near their grandchildren. No equity was lost – they just shifted it from one house to two, and enjoy a better quality of life to be near family.
2. Cash is King. It’s always better to have liquid funds available and not need it, than the other way around.
3. Clear out medical or other debts, and improve your quality of life. One couple had several thousands of dollars in dental work they’d put on a credit card, and were steadily paying down via social security, but that meant not visiting their children. With a reverse mortgage you’ll still leave the home to your kids if that’s what you choose, they’ll just have a small mortgage on it they can refinance or pay off.
4. Stay out of a Nursing Home. By planning ahead with retrofitting and in-home care when you’re further along and need some help, a Newport Beach Reverse Mortgage can help you by freeing up cash for this.
5. Giving to family while you’re around to enjoy the transfer. A lot of well meaning families plan to leave their home to heirs – but by spreading this out over a number of years, you may be able to reduce the tax implications by staying below the annual gift-tax threshold, and you’re also able to have a hand in directing those funds toward grandkid’s college funds, travel together and more.

Next step: Schedule a free consultation with us about your Newport Beach Reverse Mortgage and get some options. No pressure – just numbers to consider. More about our city… Newport Beach, incorporated in 1906, is a city in Orange County, California, 10 miles south of downtown Santa Ana. The current OMB metropolitan designation for Newport Beach and the Orange County Area is Santa Ana-Anaheim-Irvine, CA. As of 2007, the population was 84,218. ^[1] The area code for Newport Beach is 949. The city is home to several well known communities and recent annexations including Balboa Island, Corona del Mar, San Joaquin Hills, Santa Ana Heights, andNewport Coast. Attractions include beaches on the Balboa Peninsula (featuring body-boarding hot-spot The Wedge) and in Corona del Mar.Crystal Cove State Park is located at the southern end of the coast. The Catalina Flyer, a giant 500 passenger catamaran, provides daily transportation from the Balboa Peninsula in Newport Beach to Avalon, California located on Santa Catalina Island. The historic Balboa Pavilion, established in 1906, is Newport Beach’s most famous landmark. There are a variety of options that include fishing, arcade games, and nice restaurants. The Balboa Fun Zone, located on the Balboa Peninsula near the Balboa Island Ferry, features a ferris wheel, an old-time Merry-Go-Round and several quaint shops and restaurants. The Orange County Museum of Art is a museum that exhibits art from a variety of modern artists.

Newport Beach History

In 1870 a steamer named “The Vaquero” made its first trip to a marshy lagoon for trading. Ranch owners in the Lower Bay decided from then on that the area should be called “Newport.” In 1905 city development increased when Pacific Electric Railroad established a southern terminus in Newport connecting the beach with downtown Los Angeles. In 1906 with a population of 206 citizens, the scattered settlements were incorporated as the City of Newport Beach. Settlements filled in on the Peninsula, West Newport, Balboa Island and Lido Isle. In 1923 Corona del Mar was annexed and recently in 2002 Newport Coast was annexed.