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Find Reverse Mortgage Specialists Near You in Norwalk, CA

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

3 agents listed
Updated May 2026
Norwalk, 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 Norwalk, 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.
Golden Empire Mortgage
11642 Firestone Blvd, Norwalk, CA 90650
3105606955
René Arauz- GEM Mortgage
11642 Firestone Blvd, Norwalk, CA 90650
3105606955
US Bank Mortgage
13928 Pioneer Blvd, Norwalk, CA 90650
8008722657

A reverse mortgage specialist in Norwalk, California helps homeowners aged 62 and older access home equity without monthly payments. California law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists guide Norwalk residents through the process, including property eligibility and loan limits specific to Los Angeles County.

What Does a Reverse Mortgage Specialist in Norwalk Cost?

Typical costs for a reverse mortgage specialist in California include an origination fee up to 2% of the home value (capped at $6,000 for HECM loans), a mortgage insurance premium of 2% of the appraised value, and third-party fees for appraisal, title search, and recording. Total closing costs often range from $5,000 to $15,000 depending on the home value and loan type. 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 are the age requirements for a reverse mortgage in Norwalk California?
Borrowers must be at least 62 years old. If married, both spouses must be on the title, though a non-borrowing spouse has certain protections under California law.
Do I need counseling before getting a reverse mortgage in California?
Yes. California law requires all borrowers to complete a counseling session with a HUD-approved agency before applying. The session covers loan terms, costs, and alternatives.
What property types qualify for a reverse mortgage in Norwalk?
Single-family homes, FHA-approved condos, and manufactured homes that meet HUD standards qualify. The property must be the borrower's primary residence in Norwalk.