San Francisco Reverse Mortgages

San Francisco Golden Gate BridgeMLS Reverse Mortgage is a San Francisco reverse mortgage lender offering the HECM (Home Equity Conversion Mortgage) Program. The HECM is currently the most popular reverse loan program in San Francisco, California due to the lack of secondary market for the jumbo reverse mortgage. With a HECM reverse mortgage, you have several options to choose from including fixed rates, adjustable rates and purchase reverse mortgages.

FHA Reverse Mortgages in San Francisco, California

San Francisco is really seeing a benefit due to the Government's passing of the American Recovery and Reinvestment Act of 2009, which increased the national reverse mortgage lending limit to $625,500. What that means to seniors looking to get a San Francisco reverse mortgage is an increase in the total benefit available to them. Use our reverse mortgage calculator to determine the total benefit.

For comprehensive San Francisco reverse mortgage information, please see the links to the left and above. If you would like someone to contact you, please fill out the form to the right.

San Francisco Reverse Mortgage Numbers

San Francisco HECM Originations (Past 3 Years)
Endorsement Period HECM Loans Originated 
2/1/08 – 1/31/11 8,381 
Total for SAN FRANCISCO: 8,381 


The above chart shows HECM Loans Originated in the HUD SAN FRANCISCO, CALIFORNIA HUD Field Office. Performance Period: Displaying HECM loans that were endorsed within the past 3 years. Data shown includes all cases with beginning endorsement date between February 1, 2001 and January 31, 2011. Data Source: HUD Neighborhood Watch

Reverse Mortgage Numbers Further Broken Down by MSA (Metropolitan Statistical Area)

San Francisco Total HOC HECM Originations (Past 3 Years)
MSA HECM Loans Originated 
Oakland | Freemont | Hayward 2,593 
San Francisco | San Mateo | Redwood City 1,843 
San Jose | Sunnyvale | Santa Clara 1,652 
Santa Rosa | Petaluma 615 
Santa Cruz | Watsonville 310 
Salinas 302 
Vallejo | Fairfield 301 
Eureka | Arcada | Fortuna 262 
Clearlake 158 
Napa 156 
Ukiah 142 
Crescent City 48 
Total for SAN FRANCISCO HOC: 8,381 

HECM Loans Originated in HUD Office SAN FRANCISCO rolled up to the MSA level
Performance Period: Displaying HECM loans that were endorsed within the past 3 years
Data shown includes all cases with beginning endorsement date between February 01, 2008 and January 31, 2011

Considering a Non-FHA Reverse Mortgage?

Due to the current housing market conditions, we are not able to offer a San Francisco Jumbo reverse mortgage. Keep checking back periodically, as it is our belief that the jumbo, non-fha, proprietary reverse mortgage market will be returning soon.

San Francisco California Real Estate Information:

According to Trulia.com, the median sales price in San Francisco, CA during December 2010 through February 2011 was $595,000.

San Francisco California Links of Interest: California Reverse Mortgages | City of San Francisco | San Francisco Senior Center