How to Get a Reverse Mortgage in California

California Reverse Mortgages are extremely popular and have been since the inception of the HECM (Home Equity Conversion Mortgage) Program. The HECM is the most popular reverse loan program in California. With a California HECM reverse mortgage, you have several options to choose from including fixed rates, adjustable rates and purchase reverse mortgages.

Do FHA Reverse Mortgages in California Work?

Californians are 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 California reverse mortgage is an increase in the total benefit available to them.

The major cities of California we serve include Los Angeles, San Francisco, Sacramento, San Diego, Redding, Fresno, Riverside, Long Beach, San Jose, Oakland and Santa Ana.

We also serve every city in between, including, Auburn.

For comprehensive 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.

California HECM Reverse Mortgage Numbers

The above chart shows HECM Loans Originated in CALIFORNIA rolled up to the HUD Field Office level Performance Period: Displaying HECM loans that were endorsed within the past year Data shown includes all cases with beginning endorsement date between February 01, 2008 and January 31, 2011. Data sorted by Area Name in Descending Order. Data Source: HUD Neighborhood Watch

Considering a Non-FHA Reverse Mortgage in California?

We do have jumbo reverse mortgages available. Contact us to learn more.

California Links of Interest: Department of Real Estate | California Department of Corporations

Below is a list of all the cities in which we offer California HECM reverse mortgages: