Lorraine Jones

Reverse Mortgage Consultant Option Funding Inc. NMLS ID # 163400 NMLS ID # 229025 BRE # 00880390
I have been a licensed Real Estate Salesperson and Loan Officer for 40 years and have been specializing in reverse loans for the last 17. I found the program to be very compelling and important to determine 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 caregiving 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 downsize 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.
Jul 10, 2019

Alice Neumann

With Manufacturers Bank at the Stonehaus.
Jun 20, 2019

Why do FHA Loans have Insurance

The fees for reverse loans are almost the same fees as a traditional loan, except for MIP? What is that?
Apr 10, 2019

Good or Bad?

What is the truth about Reverse loans, are they a good financial option for seniors or awful?
Mar 2, 2019

Is Social Security Working?

How can anyone "live" on the amount of money they receive from Social Security? The average increase for 2019 was $39.00.
Feb 26, 2019

Helping Hands Senior Foundation

Sean Markie and Julie Lopez help seniors and their families with low cost or free medical equipment, supplies and support. 818-279-7580.
Jan 31, 2019

Law offices of Gerald L. Kane

Gerry just presented on how to be a hero to veterans obtaining over $2,000 a month tax free for the rest of your life .. call 818-905-6088
Jan 29, 2019

The Exercise Expert for Seniors

Lori Michiel 818-620-1442
Jan 25, 2019

Real Estate and Business Law

Contact Stephen Fenster for outstanding legal advice. 818-346-7300.
Jan 24, 2019

Estate and Elder Law

Terri Hilliard is an exceptional Estate and Elder Law Attorney with heart, practicing in Westlake Village ancan be reached at 805-201-2552.
Jan 20, 2019
Registered Nurse
I have known Lorraine jones for approximately ten years. During that
time she has guided and supported
me through three different types of
reverse mortgages. She is very knowlgeable, capable and does her
best to help.

I can definitely recommend her.
Jan 17, 2019
My brother-in-law and his wife referred me to Lorraine to learn more about reverse loans because I was concerned about my personal finances lasting for the rest of my life since I was now a widow.

She had previously helped them with his Mom when she did her reverse loan and they were very happy with how it helped her and took the financial burden off of them for her care.

We started my application in November and other than a brief disruption during the Woolsey fire, we completed my loan in December and I am very happy with how Lorraine thoroughly described how the loan works and what were my options.

Her warmth and expertise shown through the entire time and I would never hesitate to recommend her to anyone that is thinking about doing a reverse loan.
Jan 13, 2019
Lorraine has been very helpful and patient setting up the reverse mortgage. She is looking after us and is quick to answer our concerns. We are very pleased by the way she takes care of our needs.
Jan 10, 2019

Mike Grodotzke and myself.

Mike provides financial advice for seniors and their families and can be reached at 818-789-2482.
Jan 8, 2019
Real Estate Broker
I have had the great pleasure to work with Lorraine Jones over the past 1 1/2 years and aside from being the most knowledgeable in Reverse Mortgages she has proven to be over and over one of the most thoughtful and caring persons and lender that I had the opportunity to work with. We recently worked together representing a handicapped woman where I was to sell her existing property and Lorraine was arranging a new Reverse Mortgage to purchase her new condominium. That new loan went through easily and quickly because of Lorraine and her highly skilled support team. It became apparent to me from the start that the most important person in that transaction was the buyer and what she could do to insure her that she was always looking out for her and to make sure everyone was doing the right thing and to close on time. Thank you Lorraine!
Dec 3, 2018

Jumbo Reverse Loan Options

If a senior lives in California their home value might be higher than the rest of the nation and that means they have more equity.
Nov 1, 2018

Professional Caregiving Fees

How can anyone afford the very expensive costs of caregiving if a family doesn't have the funds to pay for this service?
Oct 19, 2018
Real Estate Files - California & Texas
Lorraine was extraordinary through an 'extraordinary' loan process. She was patient, diligent, professional and kind. I think there is often a backstory with RMs and we had one for sure. I can't say enough about how Lorraine helped us through a difficult time as a large family. As a real estate professional of over 30 years, I recommend Lorraine without hesitation. She is the best!
Sep 17, 2018

Buying a Home

Many seniors are thinking of purchasing a home using a Reverse mortgage.
Sep 10, 2018
My husband died unexpectedly, leaving me with only his Social Security and a small pension to live on and it was very difficult for me to manage the on going expenses of my home, but I didn't want to sell it.

I was referred to Lorraine by a mutual friend and she patiently and thoroughly explained how a reverse loan could possibly benefit me and help me to remain in my home, while giving me extra funds for financial security.

I went forward with the loan and I have no regrets about doing it and I'm so happy to feel secure once again.
Jul 13, 2018

Chris Thompson

Chris is the fabulous, one of a kind banker and VP at City National Bank in Oxnard. 805-981-2737
Jun 29, 2018
Lorraine has been in the lending business for many years and I have known her for many years. She knows her business and can answer the questions clients have about mortgages. She does her homework and goes to appointments prepared. Lorraine follows her loans and solves problems if the need arises. She is the ultimate professional. I definitely recommend her!
Jun 29, 2018
I have had the pleasure of knowing Lorraine for over 15 years. I find her to be knowledgeable, professional, compassionate, passionate about what she does, helpful and altogether a very credible and reliable source and resource for Reverse Mortgages.

As a Geriatric Care Manager, I deal with seniors and families in crisis all the time. I will always feel confident to refer them, with no reservations, to Lorraine if they need assistance with a Reverse Mortgage,
Jun 29, 2018

Second Acts

When we all were younger, many of us had dreams but over time we gave them up, but what if you could still fulfill them?
Jun 7, 2018

Jeffery Rollert and Myself.

Jeff 's company is ALM Advisors assisting single women with financial support and advice. 626-432-5600.
Jun 6, 2018
Several years ago my brother and I were financially helping our Mom out with her expenses for "live-in" caregivers and we were feeling the difficulty of keeping up with this expense every month.

I had known Lorraine Jones for several years, when she was a traditional Loan Officer and she helped me, plus my daughter with mortgage financing.

I knew I could count on her to help us out with our Mom and we ended up doing a reverse loan and had enough money to pay for her expenses and take the pressure off of us.

We were really grateful to have this an an option to help our Mom during a difficult time in all of our lives.

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