NMLS#: 289114
Office: (909) 708-0550
Mobile: (949) 370-7375
Email: rick@clg1.net
About Me:
After graduating from college with a degree in finance and marketing, I moved to California and took a position with California Federal Savings and Loan in the Consumer Affairs department. I worked statewide monitoring compliance with the Home Mortgage Disclosure Act (HMDA). California Federal Savings and Loan recommended I pursue an MBA as a means for advancement. I returned to lending in 2001.
Using mortgage programs, I was able to help families and their children with long term planning and using mortgages as a tool. As an MBA graduate, (graduated in 1984) with a fundamental knowledge of finance and economics, I became involved with more than just making loans, but with determining the proper loans and providing planning options to better serve their needs.
I became more involved with Home Equity Conversion Mortgages (HECM) as a way to provide a quality of life and enhanced liquidity for seniors. As the Federal Housing Administration (FHA) began to make changes to the reverse mortgage program, I saw a tremendous opportunity to help borrowers over 62 that had sacrificed all their lives to payoff their home, raise a family and provide a decent living for their families. The children may be gone with their own families, their mortgage paid and now the house may be to big and the income generally is a little less and they are looking for viable solutions to live out the rest of their days in perhaps a smaller home with fewer expenses. Perhaps they require additional income until they reach full retirement to collect the greatest amount of social security.
It is important that my clients fully understand their mortgage. In the discussion of the Home Equity Conversion Mortgage (HECM), I address all questions and issues that may come up. My primary goal is to serve my clients and exceed expectations. Constant review of financial websites and subscriptions to experts on senior planning solutions and retirement planning, keeps me current on different financial aspects of providing the best solution for my clients, one that will meet and exceed their expectations. The best part of my job is to experience, first hand, the look of relief upon a senior borrower when the plan is fully explained and they can see the benefits available to them specifically tailored to their needs and wants. Sometimes it may be a little something for grandchildren. Can you imagine the wonderful feeling they will feel when the grandchildren visit. Or maybe it is just the peace of mind knowing that the bills are getting paid.
My commitment to all my borrowers is to provide the highest level of service with an emphasis in integrity, responsiveness, and respect.
