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Reverse Mortgage Specialists in Ladera Ranch, CA

Compare reverse mortgage specialists in Ladera Ranch. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Ladera Ranch, 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 3 reverse mortgage specialists in Ladera Ranch, 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.
Ladera Lending, Inc.
555 Corporate Dr, Ladera Ranch, CA 92694
8005929396
Loangevity Mortgage
999 Corporate Dr Ste 100, Ladera Ranch, CA 92694
8006626784
Reverse Mortgage Advisors of America
111 Corporate Dr, Ladera Ranch, CA 92694
8772347744

A reverse mortgage specialist in Ladera Ranch helps homeowners aged 62 and older convert part of their home equity into loan proceeds. In California, reverse mortgages are regulated under state law, including mandatory counseling requirements and protections against foreclosure. Ladera Ranch residents can work with a specialist to understand how a Home Equity Conversion Mortgage (HECM) works with their specific property value and financial goals.

What Does a Reverse Mortgage Specialist in Ladera Ranch Cost?

In California, reverse mortgage costs include an origination fee, upfront mortgage insurance premium (2 percent of the home value for HECM loans), appraisal fees (400 to 700 dollars), and third-party closing costs (500 to 1,500 dollars). The total upfront cost often falls between 5,000 and 15,000 dollars. Some costs can be financed into the loan, reducing out-of-pocket expenses. 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 do in Ladera Ranch?
A reverse mortgage specialist guides homeowners through the HECM process, including eligibility checks, loan options, and required counseling. They explain how loan proceeds are paid and what happens when the borrower moves or sells the home. In California, the specialist must ensure compliance with state disclosure laws and the three-day right of rescission after closing.
What are the California requirements for a reverse mortgage?
California requires borrowers to complete a HUD-approved counseling session before applying. The loan must be a federally insured HECM unless it is a proprietary product. Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. California law also mandates a 10-day waiting period after counseling before the loan can close.
How much does a reverse mortgage cost in California?
Costs include an origination fee, mortgage insurance premium, appraisal fee, and closing costs. In California, the origination fee is capped at 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount above that. Total upfront costs typically range from 5,000 to 15,000 dollars, depending on the home value and loan type.