# Orange Reverse Mortgage – Orange County Reverse Mortgage – OCReverse.com

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# Orange Reverse Mortgage
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Orange County Reverse Mortgage 

### Top 5 reasons to talk to us about a **[Orange Reverse Mortgage](/)**…

- **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.

- **Cash is King.** It’s always better to have liquid funds available and not need it, than the other way around.

- **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.

- **Stay out of a Nursing Home**. By planning ahead with retrofitting and in-home care when you’re further along and need some help, an Orange Reverse Mortgage can help you by freeing up cash for this.

- **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 **Orange Reverse Mortgage** and get some options. No pressure – just numbers to consider.

More about our city…

The City of **Orange** is located in Orange County, California. It is approximately 3 miles  north of the County seat in Santa Ana, California, and approximately 32 miles  southeast of Los Angeles. Orange is unique in that many of the homes in its Old Town District were built prior to 1920; whereas many other cities demolished those houses in the 1960s, Orange decided to preserve them.

As of the census of 2000, there were 128,821 people, 40,930 households, and 30,165 families residing in the City. The population density is 5,506.4/mi². There were 41,904 housing units at an average density of 1,791.2/mi².

The racial makeup of the City is 56.6% White, 1.60% African American, 0.78% Native American, 9.32% Asian, 0.23% Pacific Islander, 13.82% from other races, and 3.75% from two or more races. 32.16% of the population are Hispanic or Latino of any race.

There are 40,930 households out of which 37.1% have children under the age of 18 living with them, 57.1% are married couples living together, 11.6% have a female householder with no husband present, and 26.3% are non-families. 19.5% of all households are made up of individuals and 6.6% have someone living alone who is 65 years of age or older. The average household size is 3.02 and the average family size is 3.43.

The population is spread out with 26.7% under the age of 18, 9.9% from 18 to 24, 33.3% from 25 to 44, 20.5% from 45 to 64, and 9.6% who are 65 years of age or older. The median age is 33 years. For every 100 females there are 100.8 males. For every 100 females age 18 and over, there are 98.7 males.

The median income for a household in the City is $58,994, and the median income for a family is $64,573. Males have a median income of $42,144 versus $34,159 for females. The per capita income for the City is $24,294. 10.0% of the population and 6.8% of families are below the poverty line. Out of the total population, 12.5% of those under the age of 18 and 7.5% of those 65 and older are living below the poverty line.

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