Deercreek Financial
Committed to You and Your Mortgage Needs!
PHONE:  909-941-0122 DIRECT: 
10700 Jersey Blvd #300, Rancho Cucamonga, CA 91730
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Customers Are First

I am a professional and have the expertise in every facet of Real Estate (over 39 years) and I put it to work for you. Whether you are refinancing, buying or investing in Real Estate, my systems are streamlined, effective and technologically advanced and I get results! It is a given most homeowners will probably have a mortgage for life. Through continued professional management of your mortgage, you will achieve the goal of the lowest possible mortgage cost. Together we will work on a planned and definitive mortgage repayment that should allow you to live debt free. The goal of every homeowner should be one of a "Debt Free Life!" I look for ways to save you money by not charging exotically named fees like other mortgage lenders.

VA Mortgage Loan Expert

Over the last 39 years I have done many VA loans. I have the training and knowledge to handle our Veterans who have given much for our Country. Call me first, 909-941-0122.

Get Fast Answers

At my website you can find tools available to answer virtually any mortgage question. Trying to decide if now is a good time to refinance? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the loan programs from which to choose? Our Loan Program page will help you find the right type of loan. Also, I will be happy to prepare a personalized mortgage quote for the home mortgage program of your choice. I can also prepare a Rate Watch Report for you based on your current mortgage data.


Description 1:

Reverse Mortgage loans give seniors the ability to live in their home, with no monthly mortgage payments¹, by converting home equity into cash while still maintaining ownership!

Description 2:

Home Equity Conversion Mortgages (HECMs), also known as reverse mortgage loans, were created over 25 years ago to help homeowners age 62 and older convert a portion of home equity into tax-free money.³

How does it work?

A reverse mortgage loan allows you to turn some of the equity in your home into cash to improve your financial situation. With a reverse mortgage loan, you will remain on title and can stay in your home without making monthly mortgage payments during the loan period.¹ The borrower will be required to pay for property taxes, home insurance and home maintenance. The loan balance becomes due upon the occurrence of other events including non-compliance with the loan terms.

This federally-insured loan offers multiple ways to receive the proceeds and gives you the ability to spend the cash as needed. Common uses of Reverse Mortgage loans include:

  • Paying off debt

  • Cover costly medical bills and prescriptions

  • Home repairs and modifications

  • Delay Social Security benefits²

  • …and much more!

Important features of a reverse mortgage loan include:

  1. Proceeds from a Reverse Mortgage loan are tax-free³.

  2. There are multiple ways to receive the loan proceeds, either as a line of credit, a term payment, a tenure payment or lump sum.

  3. Live in your home with no monthly mortgage payments¹ .

Qualifications include:

  • The borrower must be 62 years or older (a nonborrowing spouse may be under age 62)

  • The home must be and remain the borrower’s primary residence

  • The borrower must own the home

  • The borrower must meet the financial requirements of the HECM program

Ready to get started?

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Already a customer and need help? Contact us.


¹If you qualify and your loan is approved, a HECM Reverse Mortgage must pay off your existing mortgage(s). With a HECM Reverse Mortgage, no monthly mortgage payment is required. Borrowers are responsible for paying property taxes and homeowner’s insurance (which may be substantial). We do not establish an escrow account for disbursements of these payments. A set-aside account can be set up to pay taxes and insurance and may be required in some cases. Borrowers must also occupy home as primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan becomes due and payable when the last borrower, or eligible non-borrowing surviving spouse, dies, sells the home, permanently moves out, or defaults on taxes and insurance payments, or does not comply with loan terms. Call 1-909-941-0122 to learn more. A Reverse Mortgage increases the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). These materials are not from HUD or FHA and were not approved by HUD or a government agency.

²Social Security benefits estimator available at

³Loan proceeds are paid tax-free; consult your tax advisor.

California BRE Real Estate Broker License # 01039943 and BRE # 00823614

Deercreek Financial NMLS # 287852 and # 287426

Jeffrey C. Tosha
Deercreek Financial
Ph: 909-941-0122
10700 Jersey Blvd #300
Rancho Cucamonga, CA 91730 US
Deercreek Financial - BRE ID: 01039943 NMLS 287852 - BRE ID: 00823614 NMLS 287426