Option Funding, Inc.

06/04/2026

This is what "80" years old looks like. I have always made exercise a priority, including hiking, weight training, Pickleball, and power walking. And I still have time to help my fellow Boomers with information about Reverse loans, and if they apply, be their "tour guide" through the process.

06/04/2026

06/04/2026

Age is irrelevant, sort of. But most of the time it isn't, its just too often we "seniors " limit ourselves by thinking "I'm too old or tired".

As soon as you give into those negative views of yourself, you have cut off a part of life that has the potential to make you feel much better than sitting inside 24/7.

Every little effort you make to improve your fitness, will reward you with a richer life.

06/01/2026

As we welcome the first day of June, many homeowners are contemplating selling their homes and moving, including senior homeowners looking to downsize to a smaller property.

One option that might not be widely known is the Purchase Money reverse loan, which can be utilized to purchase a new home. Despite being available for senior homeowners for many years, this mortgage option remains under the radar.

A reverse loan is an excellent choice for those considering downsizing, especially in a 55+ community. With no debt-to-income ratios, qualifying for this type of loan is straightforward and accessible.

05/19/2026

I am a bit late sharing this event, but the Conejo Valley had their "kick off" promotion for the upcoming Alzheimer's Walk, raising funds and organizing teams for the walk.

It was held at Phil's Restaurant in Thousand Oaks, where they served wonderful appetizers to the attendees. There was a silent auction of wonderful donated items, plus plenty of raffle prizes, too.

The theme was Western clothing, and we all wore shirts, hats, and boots, although my shoes were high-heeled sandals.

It was funded, money was raised, and awareness and information about the disease was shared.

Here I am with Kim Hansen and Carol Hunter, Realtors with Equity Union, located in Westlake Village. They did a terrific job of organizing the event, and it was very successful.

05/12/2026

I decided it was time to share this video, which was made over 4 years ago. Nothing has changed, except that interest rates have increased, but the amount a homeowner can receive has also increased. Plus, it is easier than before to qualify for a reverse loan if your credit score is 720. You would not need to provide income documentation.

05/08/2026

Did you know that a Reverse Loan can be used to prevent a foreclosure?

04/15/2026

Today I attended a luncheon with the Ventura County Homecare Association at the beautiful Spanish Hills Country Club in Camarillo.

VCHA consists of a variety of professions providing services to seniors and their families and the topic for today's luncheon, was about helping and planning for that "time" when a family member or even ourselves is approaching the end of life.

Yes, its a difficult discussion. No one wants to talk about it.

But I think its important to know how your loved one wishes to be cared for when they are approaching the end of their life.

And individually, we have to be clear about our own wishes to our family, as well.

Two Palliative doctors, a Social Worker from Senior Concerns, and a Palliative-Hospice nurse were the guest speakers and shared information and personal stories.

A few photos of the event, with Denise Carter , Mona Agarwal, Phil Chandler, and Reiner Roeske.

04/13/2026

Are struggling and worried about how to afford the premiums for your Homeowners insurance? It's becoming very difficult to pay them, especially if you are on a "fixed income ".

02/03/2026

When a senior homeowner is considering using a reverse loan for additional income, they usually have two questions for me.

"How much money can I receive, and how long does it take for the loan process to be completed?"

They money you receive from your home's equity is determined by the age of the youngest person and the appraised value of your home.

Before anyone can start the loan process, they must complete HUD counseling over the phone. The state of California requires a potential borrower to wait 7 days before they can start the loan process.

An application is signed, I collect any necessary documents, Escrow is opened, and Title report and appraisal is ordered.

Assuming there are no "extenuating" circumstances originating from the borrower, most loans close and fund within 45 days.

Funds are wire transferred to the client's checking account or other account.