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 7 reverse mortgage specialists in Healdsburg, 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.
Guild Mortgage - Suzanne Martindale
1207 Vine St Suite D, Healdsburg, CA 95448
7074732329
Guild Mortgage - Greg Brausen
1207 Vine St Suite D, Healdsburg, CA 95448
7073264709
Rebecca Southwick
1201 Vine St #103, Healdsburg, CA 95448
7077235811
Innovative Mortgage Brokers
250 Healdsburg Ave #204, Healdsburg, CA 95448
7074738755
Guild Mortgage Company
1207 Vine St Suite D, Healdsburg, CA 95448
7073858474
Golden Bear Financial
14 - C, 14 Healdsburg Ave, Healdsburg, CA 95448
7074339143
Chase Mortgage
1107 Vine St, Healdsburg, CA 95448
7074739862
What Does a Reverse Mortgage Specialist in Healdsburg 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 for appraisal, title search, and recording. Total closing costs often range from 2,000 to 6,000 dollars, but can be higher for larger loans. Costs vary by lender and property value. 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 does a reverse mortgage specialist in Healdsburg do?
A reverse mortgage specialist guides homeowners through the loan process, explains eligibility, and helps with paperwork. They must follow California rules including a mandatory counseling session and a three-day right of rescission after closing.
Who qualifies for a reverse mortgage in California?
Borrowers must be at least 62 years old, own their home outright or have a low mortgage balance, and live in the home as their primary residence. California also requires proof of financial capacity to pay property taxes and insurance.
Are reverse mortgages regulated differently in California?
Yes, California has strict laws including a mandatory cooling-off period and specific disclosure requirements. Lenders must provide a California-specific disclosure form and cannot proceed without the borrower completing HUD-approved counseling.