Newridge Funding Group Inc all its splendor and glory. Unmatched beautiful weather, golden beaches, snow covered mountains, rolling green hills, rich culture, and last but not least its unique diversity. Being born and raised here, I can say of a certainty, there is no other place I’d rather be. I love California and I love offering my services to my local community.
I find great joy in the relationships I’ve built with my clients over the years. Not only have they become my clients for life, but now they refer me to their friends and family. It’s an honor knowing my clients trust me to provide services to the most important people in their lives, their friends and family.
As president of the HECM division at “New Ridge Funding Group” our mission is simple:
Provide personal and professional service
Present options
Educate, empower and aid seniors in making decisions that are right for them.
We want our elder clients to know the truth about reverse mortgages, and that’s why at each consultation we take the time to discuss, explain and review all the pros and cons. Over the years we’ve learned the importance of dispelling the myths associated with reverse mortgages so that elder clients are equipped with the facts, nothing less will allow the possibility to make wise retirement choices.
The benefits of a reverse mortgage include, but are not limited to:
Eliminating monthly mortgage payments
Supplementing retirement income
Making home repairs
Helping children and/or grandchildren with college expenses
Traveling
Starting a dream business
Unexpected Medical and dental expenses
Build a Granny house, creating a source of rental income for homeowners
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154