Santa Ana Reverse Mortgages

Downtown Santa AnaMLS Reverse Mortgage is a Santa Ana reverse mortgage lender offering the HECM (Home Equity Conversion Mortgage) Program. The HECM is the most popular reverse loan program in Santa Ana, California. 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 Santa Ana, California

Santa Ana 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 Santa Ana reverse mortgage is an increase in the total benefit available to them.

For comprehensive santa ana 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.

Santa Ana Reverse Mortgage Numbers

 Santa Ana HOC HECM Originations (Past 3 Years)
 Endorsement PeriodHECM Loans Originated 
 2/1/08 – 1/31/118,643
Total for SANTA ANA: 8,643 

The above chart shows HECM Loans Originated in the HUD SANTA ANA, 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 01, 2008 and January 31, 2011. Data Source: HUD Neighborhood Watch.

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

Santa Ana HOC HECM Originations (Past 3 Years)
MSAHECM Loans Originated 
Riverside | San Bernardino | Ontario4,852
Santa Ana | Anaheim | Irvine3,740
Bishop34
Total for SANTA ANA HOC: 8,643 

HECM Loans Originated in HUD Office SANTA ANA 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 Santa Ana 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.

Santa ana California Real Estate Information:

According to Trulia.com, the median sales price in Santa Ana, CA during December 2010 through February 2011 was $270,000.

Santa Ana California Links of Interest: Reverse Mortgage Calculator | City of Santa Ana | Santa Ana Senior Programs