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Reverse Mortgage Specialists in Huntington Park, CA

Looking for a reverse mortgage specialist in Huntington Park? Review the directory below to compare your options.

2 agents listed
Updated May 2026
Huntington Park, 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 2 reverse mortgage specialists in Huntington Park, 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.
Nestor Carrillo - Golden West Brokers
5610 Pacific Blvd #202, Huntington Park, CA 90255
5623802223
Nationwide Powerhouse Inc.
3454 E Florence Ave, Huntington Park, CA 90255
3237072755

A reverse mortgage specialist in Huntington Park California helps homeowners aged 62 and older convert home equity into loan proceeds. California law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Specialists in Huntington Park guide clients through the process and explain how local property tax deferral programs may interact with reverse mortgage obligations.

What Does a Reverse Mortgage Specialist in Huntington Park Cost?

Typical costs for a reverse mortgage specialist in California include an origination fee of up to 2 percent of the home value, capped at 6000 dollars. Third-party charges such as appraisal, title search, and recording fees range from 2000 to 5000 dollars. The mandatory HUD counseling session costs about 125 to 250 dollars. These costs can be financed into the loan. This information is general 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 Huntington Park California?
Borrowers must be at least 62 years old. If there are multiple borrowers on the title, the youngest borrower must meet this age requirement. California law also mandates a waiting period after counseling before the loan can close.
Do I need to own my home free and clear to qualify for a reverse mortgage in Huntington Park?
No, you do not need to own the home free and clear. However, you must have substantial equity in the property. Any existing mortgage or liens must be paid off with the reverse mortgage proceeds or from your own funds.
What happens to the reverse mortgage if I move out of Huntington Park permanently?
If you move out of the home for more than 12 consecutive months, the loan becomes due and payable. This includes moving to a nursing home or assisted living facility. California law requires the lender to provide a notice of default and allow a cure period before foreclosure.