Reverse Mortgage Blog

California Reverse Mortgages

February 21, 2020

For many years the FHA Home Equity Conversion Mortgage has been the only option and the one most often used by seniors, to gain access to their home's equity. But what if they wanted more then the HECM could provide to them? https://www.reverseloanconsultant.com/

Lorraine Jones

Tags: CAREGIVINGEXPENSES, CPA, FINANCIALADVISORS, REVERSELOANCALCULATOR

This material is not provided by, nor was it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA). It is not intended to be a substitute for legal, tax or financial advice. Consult with a qualified attorney, accountant or financial advisor for additional legal or tax advice.

*There are some circumstances that will cause the loan to mature and the balance to become due and payable. The borrower(s) must continue to pay for property taxes and insurance and maintain the property to meet HUD standards or risk default. Credit is subject to age, minimum income guidelines, credit history, and property qualifications. Program rates, fees, terms and conditions are not available in all states and subject to change.

Lorraine Jones

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California Reverse Mortgages

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Reverse Mortgage Professional in Westlake Village, also serving Simi Valley, Woodland Hills, Ventura, Van Nuys, Thousand Oaks, Sherman Oaks, Canoga Park, Los Angeles, Camarillo, and the surrounding Southern California area.