Hank Rhoads - American Senior Lending

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Lincoln, CA
Hank Rhoads - American Senior Lending

Helping homeowners 62 and older access their home equity.

Nearly 20 years of experience as a trusted advisor and CA real estate broker, offering tailored solutions to help you retire better.
👍 Follow to learn more! HighTechLending Inc is an Equal Housing Lender, NMLS ID #7147 (www.nmlsconsumeraccess.org) doing business as American Senior. 2030 Main Street, Suite #500, Irvine, CA 92614. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act, License #4130937.

02/27/2025

“I’ve heard I won’t qualify for a reverse mortgage because of my limited income.”
Here is another myth and here is how it works...

Traditional forward mortgages have income qualifications and credit scores; whereas the HECM (Home Equity Conversion Mortgage) has financial requirements that must be met to ensure adequate resources to maintain the ability to pay property taxes, home owners insurance and HOA dues, if applicable.
The financial assessment may limit some applicants’ ability to qualify, but you don’t know until you try.

If you want to find out, give us a call (916-409-7424), stop at our office Tuesday through Thursday from 9 am to 2 pm or make a appointment (Monday-Friday) and we'll figure it out together!

We are located in Lincoln, California but work with clients all across the state.

You can find us here:
1510 Del Webb Blvd,
Lincoln, CA 95648

Hank Rhoads & Team
California Real Estate Broker License #01452913
Reverse Mortgage Advisor NMLS #459674

02/20/2025

True or False?
“All reverse mortgage lenders take advantage of seniors.”

Of course, that one isn't true!

Seniors who have been involved in reverse mortgage lending schemes are typically victims of unsavory lenders.
As a consumer, you should only work with a reputable lender experienced in reverse mortgage lending.
Protect yourself by conducting as much research as possible and by consulting government agencies, your financial advisors and the National Reverse Mortgage Lender’s Association (NRMLA).

Feel free to stop at our office Tuesday through Thursday from 9 am to 2 pm or make a appointment (Monday-Friday) by calling 916-409-7424 to ask us all the questions that you have!
1510 Del Webb Blvd,
Lincoln, CA 95648

Hank Rhoads & Team
California Real Estate Broker License #01452913
Reverse Mortgage Advisor NMLS #459674

02/20/2025

Sadly, Paul and Yvonne are not the only homeowners who shared with us that they felt abandoned.

This is why we are committed to take the time to walk you through what happens at the end of your reverse mortgage and make you are prepared when it matures.

"𝘎𝘳𝘦𝘢𝘵 𝘪𝘯𝘧𝘰.
𝘞𝘪𝘭𝘭 𝘤𝘦𝘳𝘵𝘢𝘪𝘯𝘭𝘺 𝘤𝘰𝘯𝘵𝘢𝘤𝘵 𝘺𝘰𝘶 𝘧𝘰𝘳 𝘢𝘯𝘺 𝘯𝘦𝘦𝘥 𝘳𝘦𝘨𝘢𝘳𝘥𝘪𝘯𝘨 𝘰𝘶𝘳 𝘭𝘰𝘢𝘯.
𝘛𝘩𝘢𝘯𝘬 𝘺𝘰𝘶 𝘧𝘰𝘳 𝘵𝘩𝘪𝘯𝘬𝘪𝘯𝘨 𝘰𝘧 𝘶𝘴 𝘴𝘦𝘯𝘪𝘰𝘳𝘴.
𝘞𝘦 𝘰𝘧𝘵𝘦𝘯 𝘧𝘦𝘦𝘭 𝘴𝘰 𝘢𝘣𝘢𝘯𝘥𝘰𝘯𝘦𝘥, 𝘣𝘶𝘵 𝘯𝘰 𝘮𝘰𝘳𝘦. 𝘛𝘩𝘢𝘯𝘬 𝘺𝘰𝘶."
𝘗𝘢𝘶𝘭 & 𝘠𝘷𝘰𝘯𝘯𝘦 𝘏𝘢𝘳𝘳𝘪𝘴, 𝘊𝘢𝘭𝘪𝘧𝘰𝘳𝘯𝘪𝘢

Let's protect your legacy.
Dave, Karly, Tina, Hank & Eric.

02/13/2025

“𝗠𝘆 𝗰𝗵𝗶𝗹𝗱𝗿𝗲𝗻 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗿𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗹𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗿𝗲𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗹𝗼𝗮𝗻.”
𝘞𝘩𝘢𝘵 𝘥𝘰 𝘺𝘰𝘶 𝘵𝘩𝘪𝘯𝘬? 𝘛𝘳𝘶𝘦 𝘰𝘳 𝘧𝘢𝘭𝘴𝘦?

This is a myth that we hear regularly and are happy to debunk today:

If the borrower or their estate wants to retain the property, the balance must be paid in full.
However, as long as the borrower or their estate sells the property to pay off the debt, there is no recourse if the HECM (Home Equity Conversion Mortgage) loan balance exceeds the home’s value at maturity.
Any equity remaining in the property (if any) after the reverse mortgage is retired belongs to the borrower or their estate.

If you have any question regarding your existing mortgage or if you are curious to learn more, give us a call (916-409-7424) or stop by at our office!
1510 Del Webb Blvd,
Lincoln, CA 95648

Hank Rhoads & Team
California Real Estate Broker License #01452913
Reverse Mortgage Advisor NMLS #459674

02/11/2025

Our office will be closed next Monday but you can come in on Tuesday, Wednesday and Thursday from 9 am to 2 pm.
Monday/Friday by appointment.

01/21/2025

We are ready for a second seminar!
We've been hosting such events for months now and we are getting fantastic feedback.

After breaking down the different scenarios at the end of a reverse mortgage, we will take your questions and make sure that you walk away knowing exactly how to protect your legacy.

See you at 11 am!
Hank, Eric & Team

01/21/2025

Great day, great food, great people, great turnout, great feedback...
Thank you to all our attendees for asking great questions.
We are thrilled about today's seminar and excited to do this again tomorrow!

01/18/2025

We are so excited to host another round of seminars in Cupertino next Monday and Tuesday with about 20 attendees each day.

Here are the key topics that we'll cover:
* Understanding the steps involved when a reverse mortgage comes to an end,
* Exploring options for heirs and successor trustees to manage home sales and reverse mortgage payoffs,
* Strategies to avoid probate and ensure a smooth transition for your estate.

Not only do we break down several scenarios but we’ll answer your questions and then sit down with you to help you map out your next steps.

Your participation and engagement make these events very unique, and we are looking forward to connecting with you.

Stay tuned for more events and updates from us to protect your legacy.

01/16/2025

Our office will be closed next Monday.
Even though I'll be in Cupertino, CA hosting events on 𝘞𝘩𝘢𝘵 𝘩𝘢𝘱𝘱𝘦𝘯𝘴 𝘢𝘵 𝘵𝘩𝘦 𝘦𝘯𝘥 𝘰𝘧 𝘺𝘰𝘶𝘳 𝘳𝘦𝘷𝘦𝘳𝘴𝘦 𝘮𝘰𝘳𝘵𝘨𝘢𝘨𝘦 with some of my team on Monday and Tuesday, Leah will be welcoming you at the office on Tuesday as usual!

01/16/2025

As you probably know, I am on a mission to explain to you what happens at the the end of your reverse mortgage.

It's been 2 years now that we host seminars in different locations to answer all your questions and make sure that you are prepared when your reverse mortgage matures.

𝘕𝘦𝘹𝘵 𝘶𝘱 𝘪𝘴 𝘊𝘶𝘱𝘦𝘳𝘵𝘪𝘯𝘰!

Keep you eyes peeled for more events and more info in our feed in 2025.

01/15/2025

“𝘛𝘩𝘦𝘳𝘦 𝘢𝘳𝘦 𝘯𝘰 𝘰𝘣𝘫𝘦𝘤𝘵𝘪𝘷𝘦 𝘢𝘥𝘷𝘪𝘴𝘰𝘳𝘴 𝘢𝘷𝘢𝘪𝘭𝘢𝘣𝘭𝘦 𝘵𝘰 𝘴𝘦𝘯𝘪𝘰𝘳𝘴 𝘵𝘳𝘺𝘪𝘯𝘨 𝘵𝘰 𝘥𝘦𝘤𝘪𝘥𝘦 𝘪𝘧 𝘢 𝘳𝘦𝘷𝘦𝘳𝘴𝘦 𝘮𝘰𝘳𝘵𝘨𝘢𝘨𝘦 𝘴𝘶𝘪𝘵𝘴 𝘵𝘩𝘦𝘪𝘳 𝘯𝘦𝘦𝘥𝘴.”

𝙏𝙤𝙙𝙖𝙮, 𝙬𝙚 𝙖𝙧𝙚 𝙙𝙚𝙗𝙪𝙣𝙠𝙞𝙣𝙜 𝙖𝙣𝙤𝙩𝙝𝙚𝙧 𝙢𝙮𝙩𝙝!

Here are the facts:
Borrowers are required to work with independent, third-party counselors approved by the U.S. Department of Housing and Urban Development (HUD) in their local communities.
This educational session helps them make the right decision for their unique situations.

=====

If curious about reverse mortgage, scroll down to read more about the common myths.
If ready to access more funds every month, give us a call and we'll find out if a reverse mortgage would make sense for you and your unique situation!

Stay tuned for more myths debunked.

Hank Rhoads,
Helping reverse mortgage homeowners protect their housing wealth.

01/03/2025

Wishing you a fantastic year 2025!
Looking forward to assisting you with your reverse mortgage and help you retire better.

Address

1510 Del Webb Boulevard Ste B102
Lincoln, CA
95648

Telephone

+19164097424

Website

https://local.americansenior.com/hank-rhoads/

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