Age And Program
FHA HECM generally begins at age 62, while some proprietary programs may be available beginning at age 55, subject to lender and state requirements.
Southern California Reverse Mortgages
A Clearer Reverse-Mortgage Conversation For Southern California Homeowners.
We help eligible homeowners and families understand how FHA HECM and proprietary reverse-mortgage options may interact with an existing mortgage, home value, cash-flow needs, and longer-term housing plans.
What We Consider
Begin with the homeowner’s situation and the program rules that matter.
A reverse mortgage is not a universal solution. Eligibility, proceeds, costs, obligations, and long-term implications depend on the borrowers, property, program, and financial assessment.
Home Value And Payoff
Estimated proceeds depend in part on property value, age, interest rates, program limits, and required payoff of existing liens or obligations.
Occupancy And Responsibilities
Borrowers generally must occupy the home as their principal residence and remain responsible for property taxes, insurance, maintenance, and other applicable obligations.
Family And Estate Planning
Many homeowners choose to involve family members, attorneys, financial advisers, or other trusted professionals when evaluating long-term housing and estate considerations.
Common Questions
Start with the questions that affect your decision.
Do I still own my home with a reverse mortgage?
The borrower retains title, subject to the loan lien and ongoing program obligations. The loan generally becomes due after a maturity event such as the last borrower permanently leaving the home, sale, or failure to meet required obligations.
Will I have a required monthly mortgage payment?
Reverse mortgages generally do not require monthly principal-and-interest payments, but borrowers must continue meeting property-charge, occupancy, maintenance, and other loan requirements.
Is counseling required?
HUD-approved counseling is required for FHA HECM loans. Other programs may have their own counseling or education requirements.
Confidential Consultation
Discuss Your Property With Our Team
Share the property, your timing, and the result you are working toward. We will review the request and contact you about an appropriate next step.
- No obligation
- Reviewed by a licensed real estate professional
- A response tailored to your property and goals