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 11 reverse mortgage specialists in Encinitas, 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.
Dave Pennington at CrossCountry Mortgage
322 Encinitas Blvd #170, Encinitas, CA 92024
6199949723
Hougard Loans, Bayshore Home Loans
700 2nd St Suite E, Encinitas, CA 92024
8009822680
Moose Mau
144 W D St Suite 115, Encinitas, CA 92024
6192519776
Zachary Taylor at CrossCountry Mortgage, LLC
322 Encinitas Blvd #170, Encinitas, CA 92024
6198137908
Laura Silva- APM - Encinitas, American Pacific Mortgage, Inc.
527 Encinitas Blvd STE 202, Encinitas, CA 92024
8585185491
Kolby Gibson- APM- Encinitas / American Pacific Mortgage, Inc.
515 Encinitas Blvd #202, Encinitas, CA 92024
7605572230
Hargrave Home Loans - Mortgage Broker
208 W J St, Encinitas, CA 92024
8583040572
MyPrimeHomeLoan.com LLC
1084 N El Camino Real B138, Encinitas, CA 92024
8006006745
Marc Datnow at Rate (NMLS #1707820)
617 Saxony Pl Suite 101, Encinitas, CA 92024
6195353170
Clay Robison - Mortgage Advisor
527 Encinitas Blvd STE 202, Encinitas, CA 92024
8583355626
Padre Mortgage
1613 Linda Sue Ln, Encinitas, CA 92024
7604365289
What Does a Reverse Mortgage Specialist in Encinitas Cost?
Typical costs for a reverse mortgage specialist in California include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees like appraisal and title search ranging from 500 to 1,500 dollars. Total closing costs often range from 5,000 to 10,000 dollars but vary by loan size and lender. This is general information, 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 does a reverse mortgage specialist in Encinitas do?
A reverse mortgage specialist guides you through the loan process, explains eligibility, and helps you compare options. They ensure you understand California requirements, including mandatory counseling and the 10-day rescission period after closing.
Who is eligible for a reverse mortgage in Encinitas California?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence. California law requires that you receive counseling from a HUD-approved agency before you can proceed.
Are reverse mortgages regulated differently in California?
Yes, California has specific rules. Lenders must provide a detailed disclosure of costs and terms. Borrowers have a 10-day right to cancel after signing. The state also requires that the loan not exceed the property value, protecting heirs from debt.