Reverse Mortgage Lenders In California

Liberty reverse mortgage is a direct lender for hecm and hecm for purchase loans.

Reverse mortgage lenders in california. The number of hecm reverse mortgage loans in california has increased 30 5 since 2014. You ll find nine branch offices throughout california and you ll get one on one service to help you choose the reverse mortgage product that s right for your needs and future goals. According to california law in order to qualify for a reverse mortgage homeowners must be age 62 or over occupy the property as a principal residence and own the home outright or have significant equity in the home. We are the only ca company awarded an a rating by the bbb with perfect 5 star reviews.

A reverse mortgage is also known as a home equity conversion mortgage. We offer a complete range of fha and jumbo reverse mortgage products and our staff has a combined lending experience exceeding 80 years. All lenders are members of the national reverse mortgage lenders association licensed to originate reverse mortgages in the states in which they are listed and have signed nrmla s code of conduct professional responsibility. California reverse mortgage rules.

A homeowner taking. Use the search tool below to locate lenders in your state specifically the state in which the property is located. Reverse mortgage lending is located in beautiful san diego california. Get a free quote with low cost and best rates in california 800 489 0986.

California s 1 rated reverse mortgage lender. Repair set asides are not available with the hecm for purchase. Below you will find a list of the largest lenders. A reverse mortgage offers homeowners 62 years or older a way to tap the value of their home without the burden of monthly interest payments.

More hecm loans have been originated in california than in the next two states texas florida combined. Since we started in socal in 2004 our goal has remained simple. Because of the enormous market there is no shortage of lenders offering the product. This west coast direct mortgage lender believes it has the flexibility to offer very affordable rates to reverse mortgage customers.

Reverse mortgage loan options. Reverse mortgage expert maggie o connell will guide you through hecm jumbo process. Californians are increasingly turning to reverse mortgages to help them stay in their homes during retirement. Largest california reverse mortgage lenders.