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 16 reverse mortgage specialists in Elk Grove, 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.
Lifetime Home Loans -Michele Milota
10259 Atlantis Dr, Elk Grove, CA 95624
9166283814
Precision Home Loans
9401 E Stockton Blvd #145, Elk Grove, CA 95624
9169477331
Golden Empire Mortgage Inc.
9245 Laguna Springs Dr Suite 200, Elk Grove, CA 95758
9162618186
Chris Opfer, Mortgage Lender
9381 E Stockton Blvd STE 214, Elk Grove, CA 95624
9167093257
Anew Lending
9323 Laguna Springs Dr STE 110, Elk Grove, CA 95758
9162269991
Finance of America Mortgage LLC | Elk Grove, Ca | NMLS 81395
9250 Laguna Springs Dr #210, Elk Grove, CA 95758
9165093400
Johnny Delgadillo - Xpert Home Lending Inc.
9401 E Stockton Blvd Suite 200, Elk Grove, CA 95624
9167101450
Modern Loans
2220 Heger Way, Elk Grove, CA 95758
9166192661
Big Valley Mortgage
9250 Laguna Springs Dr #200, Elk Grove, CA 95758
9166706500
365 Home Loans Inc. ALL IN LENDING
8788 Elk Grove Blvd Office 1 Building 1, Elk Grove, CA 95624
9168132243
Kevin P. Nguyen Team | CrossCountry Mortgage
9245 Laguna Springs Dr 200, Suite 246, Elk Grove, CA 95758
9164693624
ArmCor Home Loans
9401 E Stockton Blvd Suite 200, Elk Grove, CA 95624
9168776251
Guild Mortgage - Stephany Kuennen
9281 Office Park Cir #140, Elk Grove, CA 95758
9168016904
Yvette Garay - Your Home Loan Specialist
8788 Elk Grove Blvd Bldg 3, Ste 12C, Elk Grove, CA 95624
9169197889
Sheryl Hanson, Watermark Reverse
9245 Laguna Springs Dr Suite 200, Elk Grove, CA 95758
9166161599
Emerica Mortgage
8920 Emerald Park Dr # J, Elk Grove, CA 95624
9169472132
What Does a Reverse Mortgage Specialist in Elk Grove Cost?
Typical costs for a reverse mortgage specialist in California include an origination fee up to $6,000, a mortgage insurance premium of 2% of the home value, and closing costs ranging from $2,000 to $5,000. Appraisal fees in Elk Grove usually run $400 to $700. Total upfront costs often range from $8,000 to $15,000. These costs can be financed into the loan. 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 age requirements for a reverse mortgage in Elk Grove California?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be listed on the loan. California follows federal HUD rules for age eligibility.
Do I need to own my home free and clear to get a reverse mortgage in California?
No, you can have an existing mortgage. The reverse mortgage must pay off any current liens first. California law requires lenders to verify you have enough equity to cover the new loan and closing costs.
What happens to the reverse mortgage if I move out of Elk Grove?
If you permanently move out of the home for more than 12 consecutive months, the loan becomes due. This applies to moves within California or out of state. You must also keep the home as your primary residence.