Lorraine Jones

Reverse Mortgage Consultant Option Funding Inc. NMLS ID # 163400 NMLS ID # 229025 BRE # 00880390
I have been a licensed Real Estate Sales person and Loan Officer for over 30 years and have been specializing in reverse loans for the last 16. I found the program to be very compelling and important to determining the quality of life for a senior and for retirement planning.

I'm involved in a number of organizations that represent seniors and also focus groups within the local communities of Los Angeles and Ventura Counties, CA.

By meeting other professionals in different fields that offer services to the senior community, I feel more informed. And having these contacts, helps me to direct my clients and their families to services that they might need and not know how to locate.

Estate Planning and Elder Law attorneys utilize my knowledge and experience for their older clients or the adult children and their senior parents to maximize retirement funds by using money from a Reverse loan for care giving or unplanned medical expenses.

And I also coordinate financial concerns and retirement planning with Financial Advisors by providing them with examples of how they can extend the longevity of a retirement fund beyond the traditional method and or timeline of a retirement plan for their clients.

Banks and Credit Unions do not offer Reverse loans and I have partnered with some of them as a trusted resource for information for their clients/members when they are asking about a Reverse loan.

Lastly, I also assist Realtors with their senior clients who may wish to sell their current residence and down size into one that is smaller; by using a Purchase Money Reverse loan in lieu of traditional financing.

I have been a guest speaker for APS in Ventura County, CA, a public radio station in Ventura (KVTA), a past Board Member of the Ventura County Adult Abuse Prevention Council & a guest speaker for the L.A. Caregivers Assoc. and various civic organizations.

I meet all my clients in their homes, throughout Central and Southern California for free consultations.


Apr 11, 2018

Why is a Reverse Loan Great?

The last several posts I created in my blog, I discussed the various loans a senior could use if they wanted some of their equity.
Mar 21, 2018
I met Lorraine through a friend who she had set up a reversed mortgage and they spoke highly of her. After meeting several times with Lorraine and liked the fact that she took the time to explain the reverse mortgage to me , I realized that this is right for me. That was because she explained it to me and helped me through the whole process. She made it comfortable and easy to work with her and was always available for any questions or concerns. I am very pleased with the whole process and final result. I’m very relieved with the result and that is because of Lorraine. If you’re thinking about a reverse mortgage, call Lorraine.
Jim Shatz
Mar 12, 2018

Investments & Reverse Mortgages

Should money from a reverse loan be used to purchase an annuity?
Mar 8, 2018

Diane Sussman and myself

At a breakfast ; SCOPE for seniors. Diane is an "organizer"" helping seniors & their families.

Feb 28, 2018

"Gray or Silver" Divorce

Why are seniors divorcing and how can a reverse loan help?
Feb 23, 2018

Fees for a Reverse Loan

How much can a borrower expect to pay in fees to apply for a reverse mortgage?
Feb 19, 2018

What is MIP?

FHA insures and protects the Reverse loan borrower and their estate.
Feb 9, 2018

Keep Living in Your Home or Sell

Is selling one's home the best way to increase cash savings? Or do a reverse loan instead?
Feb 6, 2018
Retired..or do you mean Mr. ???
It took me quite some time to "dare" to take on a reverse mortgage, even though a friend of quite some considerable age had had one for years and swore by it. I was lucky to have had Lorraine Jones as the agent who put me at ease in finally making the decision...and for still being there to answer questions which occasionally come up. She's incredibly knowledgeable and helpful. Whenever a friend or acquaintance is considering converting to a reverse, I immediately give them Lorraine's contact information. So, obviously, I consider her highly recommendable.
Feb 1, 2018

"Jumbo" Reverse Loans

Are there other types of Reverse loans that will give more money to someone that has a lot of equity? Yes, there is an option, a Jumbo RM.
Dec 4, 2017

Documents for a Reverse Loan

What are some of the paperwork that are required when applying for a Reverse Loan?
Aug 26, 2017
Lorraine was extremely helpful and reassuring. After exploring five reverse mortgage companies, we made the right choice to go with Lorraine.
Dave Baldschun
Jun 8, 2017

SCOPE Senior Services

I'm at SCOPE and Nancy Knutson of Buena Vista Home Health and Hospice.
Jun 1, 2017

Reverse Mortgages and You

How to extract the equity in your home.
Apr 8, 2017
Larry Kawata
Recently Lorraine helped me with my reverse mortgage on my home and did a excellent job. She was very professional and hit a home run on every aspect of getting things done. I would recommend anyone who is interested in a reverse mortgage on their home. Good job Lorraine
Apr 4, 2017
Senior Relationship Banker
I met Lorraine Jones about 7 years ago through another bank that I was working for. I have made several referrals to Lorraine now and she has always handled them with the utmost professional and caring manner. I would refer ANYONE to Lorraine Jones and not worry because I know that she will take care of them the way I would. My customers needs are truly my priority and I know that Lorraine feels the same.

With A lot of people today customers equate to $$$ in their pocket and Lorraine does not work that way. She will go above and beyond for every customer no matter what.
Dec 21, 2016
CEO/Founder of The Joy In My Heart Foundation 501c3 animal rescue
I was really nervous about doing a reverse mortgage for my Dad who suffers from dementia. Lorraine put me at ease through trusting her and knowing she was well informed in the area of Reverse Mortgages. I know Lorraine to be trustworthy along with having high values and integrity. I have already highly recommended Lorraine to anyone needing a reverse mortgage or conventional loan.
Jul 24, 2016
Attorney- Estate Planning
Lorraine Jones has been in the mortgage business for many years and is a student of the ins and outs of reverse mortgages. Her abundant knowledge of reverse mortgages coupled with her high standard of ethics will serve any client of hers very well. If you are considering a reverse mortgage, Lorraine is your "go to" source.
Jun 20, 2016
It was a pleasure to recently work with Lorraine Jones on a reverse mortgage that I had recommended to one of my clients (and relative). She was extremely knowledgeable and patient in working with my client and her son. She is experienced with a lot of integrity, which is so important in working with seniors and their financial issues. I would recommend Lorraine to anybody that is considering a reverse mortgage.
Jun 15, 2016
We were referred to Lorraine by our CPA to investigate using a Reverse loan and we really liked the way she not only professionally handled herself, but as a person who seemed to be part of our family.

Lorraine was very, thorough in helping us to understand how the loan could help us out of our difficult situation, was patient in explaining the paperwork and showing us various options that we could chose from.

She had a terrific attitude and was very patient with us during the entire process, which actually went very quickly.

And when Jim was hospitalized Lorraine and her Notary came to the hospital and had us sign the loan documents, even though it took over 2 hours to complete this, because Jim kept falling asleep at the time.

We couldn't be happier with our experience and would never hesitate to recommend Lorraine Jones for anyone thinking about applying for a Reverse Loan.
Jun 10, 2016
Relationship Center Manager
Lorraine is a great person and a tremendous resource when it comes to Reverse Mortgages. As a Relationship Center Manager working in a affluent market I meet various clients with different levels of expectations. Her approach puts anyone at ease and her experience and wealth of knowledge really shows when you deal with her. I highly recommend her to anyone and anybody who needs to do a Reverse Mortgage!
Jun 6, 2016
Field Underwriter
Lorraine Jones his someone who I've come to know, not only as a friend, but someone that I trust as a Reverse Mortgage specialist! She's proven how dedicated she is and how much she really knows about what she's doing. I wouldn't hesitate recommending her to anyone else.
May 18, 2016

Elder Abuse

C.J. Gross & Cal Fed Investigations provides P.I. services into senior abuse. We are at VCAAPS meeting.
May 3, 2016

Estate Planning Services

I had lunch with Steve Hornstein, Atty.CPA.Advisor & his team at his office in Woodland Hills.
May 2, 2016
Managing Partner of Long Term Care Resources
Lorraine has been a huge help to me and many of my clients. I can always rely on her to provide the education, suggest options and answer questions that many families are searching for. I always receive compliments from those individuals that I have referred to her. Her follow through is impressive and her level of expertise gives me complete confidence that I have referred the finest Specialist.

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