Ted Lange, CFP

11/22/2019

HECM Myth #2
A reverse mortgage should only be used as a last resort.
FALSE! Many homeowners age 62 or older are using a reverse mortgage strategically as part of a sound financial plan.
For example, a reverse mortgage line of credit can serve as a cash reserve that you tap as needed. (And unlike a traditional
HELOC, the unused reverse mortgage credit line actually grows over time.)

Or, monthly advances can help you supplement other retirement income, so you can avoid withdrawing from savings or liquidating invested assets. In any case, no monthly payments are required, which can improve your cash flow and help you live more comfortably.

Questions? Give me a call 760-753 1568

11/20/2019

There are many misconceptions about

HOME EQUITY CONVERSION MORTGAGES

(HECM or Reverse Mortgage). Let me share some of them with you.

1. A Reverse Mortgage requires that giving up my home ownership.

False. As the borrower, your name remains on the title and the home is still yours – just like with any mortgage. You are required to continue to pay real estate taxes, homeowner’s insurance and providing basic maintenance to your home. Once you are no longer live in the home as your primary residence, the loan balance, including interest and fees, must be repaid. This is usually done by the homeowner or their estate selling the house.
..more to come!

Questions? Call me at 760-7531568

11/19/2019

11/08/2019

Together we can make it happen!

10/21/2019

Good Morning!
Over the past few months I have had several conversations about Reverse 4 Purchase, admittedly it is a complicated product and difficult to explain clearly.
I wanted to discuss a new Power Point Finance of America just put out. This is probably the clearest explanation of the product I have ever seen, simple and to the point.

I look forward to sharing this with all who want to learn more!
Have a Great Week!

Ted
Ted Lange Sr; CFP
Reverse Mortgage Specialist
NMLS #45531
C: (760) 753-1568
F: (844) 778-4577
[email protected]

Hello, and welcome to my website. As a licensed reverse mortgage consultant with Finance of America Reverse (FAR), one of the nation’s leading reverse mortgage lenders, I am honored to serve homeowners age 62 and older in the San Diego, CA region. I’m dedicated to helping them leverage the power...

05/21/2019

How do you see retirement?
Take our short quiz and discover your retirement persona, and let me create a plan for you!

I am a CFP from Omaha, NE with nearly 40 years of financial retirement experience. After a brutal Nebraska winter I said "That's enough! NO MORE SNOW!!" and when it came time to retire I got out of the snow and moved to California. I used a Reverse for Purchase to buy my retirement dream home in Carlsbad, California. Let me share my experience with you!

05/17/2019

The largest growing market of clients for realtors are those just or are soon to retire! Are you familiar with Reverse for Purchase and why it’s a smart decision for your buyers? Partner with Ted Lange, CFP with Finance of America Reverse.

05/16/2019

I love baseball and grew up in Omaha,Nebraska, the home of the College World Series! But I retired in San Diego using Reverse for Purchase. As A result I live in my home for the rest of my life by only paying property taxes and my homeowners insurance. Pretty Sweet!
Have you thought about how you can make every dollar work of your retirement savings work for you? Would not having a mortgage payment improve your retirement? Contact me, Ted Lange CFP and I will tell you how!

05/13/2019

FACT: Reverse Mortgages when done with a reputable resource are a safe bet! You do not give up ownership or title of your home to the bank, and can stay in your home for the rest of your life. Find out how with Ted Lange, CFP with Finance of America Reverse!
How would you splurge if you no longer needed to pay your mortgage from your retirement savings? Flying first class on vacation would be mine! You can afford the retirement you want with a Reverse Mortgage. Give me a call to find out more.
Hello Financial Planners! Are you advising your clients on the benefits of reverse mortgages? I am a fellow CFP, who specializes in Reverse Mortgages. Let me provide you with the most updated info for this important product.

05/06/2019

Have you thought about how you can make every dollar work of your retirement savings work for you? Would not having a mortgage payment improve your retirement? Contact me, Ted Lange CFP and I will tell you how!

05/02/2019

We work hard all our lives to create financial security. Don’t put all your eggs in one basket! Grow your basket and keep your assets working for you. Give a call to Ted Lange, CFP with Finance of America Reverse.