A reverse mortgage loan is an excellent financial choice for seniors who are looking for an extra source of income. A reverse mortgage loan through our team will give you the additional income you need, while still allowing you to remain in your home. If you are thinking of getting a reverse mortgage loan, take a look at the information provided on these pages. If you have any concerns or questions, Reverse Mortgages of Southern California is here to help you decide which reverse mortgage loan is the best option for you and your family.
A reverse mortgage is a loan that enables senior homeowners, ages 62 and older to convert part of their home equity into tax-free* income—without having to sell their home, give up title to it**, or make required monthly mortgage payments.*** Borrowers can use the funds almost any way they choose.
We are one of the top mortgage companies in southern California for reverse mortgage loan solutions. Make retirement worry-free and enjoy tax free* income out of your home equity without leaving the home or selling property. Get in touch with our reverse mortgage specialist today for more information about how home reverse mortgage works and what are its pros and cons.
Consult your financial advisor and appropriate government agencies for any effect on taxes or government benefits.
*Tax-free proceeds from a reverse mortgage loan.
**The loan is subject to foreclosure for failure to pay taxes and insurance, to maintain the property and to comply with loan terms.
***Consumers remain responsible for property taxes, homeowner’s insurance and home maintenance.
What is a Reverse Mortgage Loan?
A reverse mortgage loan is a great option for any senior. Take a look at what a reverse mortgage is and how it can free up some of the equity saved in your home.
Reverse Mortgage Process
Reverse Mortgages of Southern California will help you through the entire process of receiving a loan. Take a look at what the entire process will look like.
Types of Reverse Mortgage Loans
Learn about all of the different types of FHA HECM reverse mortgages to help you decide what solution will be best for you and your family’s situation.
Reverse Mortgage Loan Calculator
Find out how much equity you will be able to borrow against your home through a reverse mortgage. Take a look at our reverse mortgage calculator.