California Reverse Mortgage

Access your homes equity now and stay in your own home with a reverse mortgage.

Step 1

Talk with a representative

Our agents have a fiduciary responsibility to you. We help you explore all your options.

Step 2

Loan counseling

Participate in a consumer information session given by a HUD approved counselor.

Step 3

Disbursement Strategy

Reverse mortgages have different payment plans available. We will help select the right one for you.

Example

Meet Linda & James

Linda (62) and James (65) want to travel more often, but they need money for travel expenses. They own most of the equity in their home and don’t want sell. By accessing value in their home through a reverse mortgage they can maintain ownership of their home and take out money for travel.

Example

Meet Mary

Mary is an 82 year old resident of California. Her Social Security check is no longer enough to cover her monthly expenses. She owns 100% equity in her home, and expects to continue living there for the rest of her life. Using a reverse mortgage, she can receive monthly tenure payouts to cover expenses and stay in her own home.

Our licensed agents will find the right product for you.

Common Requirements for Reverse Mortgages

Age

Mortgage Payments

Property Type

Typically you must be 62 years of age or older. If your spouse is not yet 62, this may affect potential proceeds.

You should own 100% of your property or have a small remaining balance on your mortgage. If you don’t own 100%, our agents will help determine if you own enough.

Some products place requirements on the type of property that can be borrowed against and lending limits based on the home value. For example, the governments HECM covers 1-4 unit properties and has lending limits.

"Most people think they have to sell their home to access it's value. I help my clients achieve their retirement goals and keep their homes."

Emmett Colon

Loan Officer
NMLS #1370263