Compare Reverse Mortgage Specialists in Orinda, CA
Compare reverse mortgage specialists in Orinda. Review contact information and insurance categorys before you decide.
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
State Mortgage Licensing Authority of California before hiring.
Showing 4 reverse mortgage specialists in Orinda, 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.
What Does a Reverse Mortgage Specialist in Orinda Cost?
Reverse mortgage costs in California include an origination fee up to $6,000 a mortgage insurance premium of 2% of the home value and third-party fees like appraisal and title search. Total closing costs typically range from $8,000 to $15,000 but vary by loan size and lender. You can finance these costs into the loan so you pay little upfront. 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 Orinda?
Borrowers must be at least 62 years old. If married the younger spouse must also be 62 to be on the loan. California law does not change this federal HUD requirement.
Do I need counseling before getting a reverse mortgage in California?
Yes California requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. The session must occur at least 7 days before you can sign loan documents. This rule is part of California Civil Code Section 1923.2.