Reverse Mortgage Inquiry

Is a reverse mortgage the right option for you?

We know that reverse mortgage is certainly not for everybody, but could it be right for you? Find out what the right options are for you.

After you fill out the request below, we will refer you to an experienced reverse mortgage lender whom we feel is best suited to answer your questions.

What are the basic requirements for a reverse mortgage?

To be eligible for a reverse mortgage, you’ll need to meet the requirements set by the federal government:

All borrowers must be age 62 or older (this applies to all co-owners listed on the home’s title).

The home must be your principal residence. And it must meet standards set by the United States Department of Housing and Urban Development (HUD) on property type and condition. You may be able to use your reverse mortgage to pay for any required repairs in order to meet these standards.

Eligible property types include single-family homes, 2- to 4-unit properties, manufactured homes meeting certain criteria, condominiums that are approved by the Federal Housing Administration (FHA), and townhouses. Co-ops do not qualify.

California Seniors Get Financial Help through the Keep Your Home California Reverse Mortgage Assistance Pilot Program (RevMap)