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Compare reverse mortgage specialists in Bakersfield. Review contact information and insurance categorys before you decide.
20 agents listed
Updated May 2026
Bakersfield, CA
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the California before hiring.
Showing 20 reverse mortgage specialists in Bakersfield, CA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Gem Mortgage
1200 Discovery Dr STE 300, Bakersfield, CA 93309
6613281600
Signature Home Lending
4200 Truxtun Ave, Bakersfield, CA 93309
6616642780
NEW/GEN HOME LENDING
3434 Truxtun Ave # 155, Bakersfield, CA 93301
6612038792
Estrada Team with CrossCountry Mortgage, LLC
4900 California Ave #310a, Bakersfield, CA 93309
6613204719
Ownity Mortgage Lending
7606 Meany Ave Suite 103, Bakersfield, CA 93308
6614727182
The Mortgage House
8500 Stockdale Hwy #150, Bakersfield, CA 93311
6613289300
Clarity Home Loans
5060 California Ave Suite 1090-F, Bakersfield, CA 93309
6613225626
Agape Mortgage
5001 California Ave Suite 200, Bakersfield, CA 93309
6614969311
Buena Vista Mortgage, Veronica Y. Morales, Loan Officer
9100 Ming Ave Suite 107, Bakersfield, CA 93311
6613336996
Alfonso Garza
5301 Office Park Dr #200, Bakersfield, CA 93309
3104151359
Mortgage Connection
900 Mohawk St Suite 240, Bakersfield, CA 93309
6612054133
Greg Desmé Real Estate Services Broker
5401 Business Park S # 122, Bakersfield, CA 93309
6613422859
Accelerated Lending Group
5330 Office Centre Ct Ste. 58, Bakersfield, CA 93309
6614895363
Cornerstone Mortgage
4560 California Ave #300, Bakersfield, CA 93309
6613700600
Daniel Estrada at CrossCountry Mortgage
4900 California Ave #310a, Bakersfield, CA 93309
6613204719
Steven Nettles - PrimeLending - NMLS 349681
5001 California Ave #111, Bakersfield, CA 93309
6619126565
Esteem Lending Group Inc. - Ashley Weaver
8501 Camino Media Ste 400, Bakersfield, CA 93311
6618096508
Gold Standard Mortgage
1100 Mohawk St Suite: 170, Bakersfield, CA 93309
6614044433
Reverse Mortgage Bakersfield
1709 16th St #38, Bakersfield, CA 93301
6612103080
Level One Financial
1600 Mill Rock Way, Bakersfield, CA 93311
6614641027
A reverse mortgage specialist in Bakersfield California helps homeowners aged 62 and older convert part of their home equity into tax-free funds without selling their home. California law requires all reverse mortgage borrowers to complete a counseling session with a HUD-approved counselor before applying. Bakersfield residents often use these loans to supplement retirement income or pay for home improvements while staying in their homes.
What Does a Reverse Mortgage Specialist in Bakersfield Cost?
In California, reverse mortgage costs include an origination fee capped at $6,000 or 2% of the first $200,000 of home value plus 1% of the amount above $200,000. Upfront mortgage insurance premium is 2% of the appraised value, and annual premiums are 0.5% of the loan balance. Third-party fees for appraisal title and escrow typically add $1,500 to $3,000. Total closing costs for a reverse mortgage in Bakersfield usually fall between $5,000 and $15,000. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What are the eligibility requirements for a reverse mortgage in Bakersfield?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence and be a single-family home, a 2-4 unit property, or a HUD-approved condominium. You also need to complete a mandatory counseling session with a HUD-approved counselor.
How much money can I get from a reverse mortgage in California?
The amount depends on your age, the appraised value of your home, and current interest rates. In California, the maximum claim amount for a Home Equity Conversion Mortgage is $1,089,300 as of 2024. Generally, older homeowners and those with higher home values can access more funds.
What are the costs and fees for a reverse mortgage in Bakersfield?
Typical costs include an origination fee up to $6,000, a mortgage insurance premium of 2% of the home value, and third-party fees for appraisal title and escrow. In California, lenders must provide a detailed loan estimate within three business days of application. Total closing costs often range from $5,000 to $15,000 depending on the home value.
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About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the California.