About Us
About Palm Desert Reverse Mortgage
Palm Desert Reverse Mortgage is part of LBL MTG Corp, an independently owned mortgage brokerage with deep roots in Southern California. We specialize in HECM reverse mortgages, jumbo reverse mortgages, and reverse mortgage for purchase.
Lauren Boland
- Broker/Owner
- NMLS #309065 | DRE #01466296
Posted on Ashlie StratmanTrustindex verifies that the original source of the review is Google. Amazing company. Truly care for their clients. Both Lauren and Jenn worked hard to meet our needs and completely exceeded our expectations. We will be forever grateful and appreciative of their hard work. They are truly amazing individuals. Thank you!!Posted on T DTrustindex verifies that the original source of the review is Google. Our reverse mortgage was rather complicated, because it involved an irrevocable trust. There were a lot of hurdles, and a few surprises, but Jenn, with Palm Desert Reverse Mortgage, was fantastic, and saw us all the way through.Posted on Steve AdamsTrustindex verifies that the original source of the review is Google. Lauren and her staff were fantastic! Very helpful, provided a lot of information. I would highly recommend Lauren and her staff for any mortgage help.Posted on Rita CastilloTrustindex verifies that the original source of the review is Google. I had a great, smooth and painless experience working with Lauren and Jenn. The process went quickly and all my questions were answered right away. I felt like I was in very good hands. I would highly recommend them to anyone who is considering a reverse mortgage.Posted on Roy GosneyTrustindex verifies that the original source of the review is Google. I originally contacted lbl for a reverse mortgage. They found out in doing so there was a better product for me. They worked as hard as you would imagine to find the right product for my needs. I always had a real person to talk to and I always had two people I could call, text, or email at any time. It was actually fun to work with Lauren or Jenn.Load more
No Monthly Payments, Just More Flexibility in Retirement
How Does a Reverse Mortgage Work?
Instead of you paying the bank, a reverse mortgage allows the bank to provide funds to you. You can choose to receive the funds in a lump sum, as monthly payments, or as a line of credit.
- Key Highlights:
- No monthly mortgage payments
- Flexibility to choose how you receive the funds
- You remain the homeowner and keep full control.
Financial Benefits of Reverse Mortgages
Provides funds to meet living expenses without selling your home.
Flexibility to use funds for home repairs, medical expenses, etc.
Preserve your investments by reducing portfolio withdrawals.
How Financial Advisors View Reverse Mortgages
- Benefits for Client:
Protect investments during market downturns.
Delay Social Security and increase retirement savings.