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Find Reverse Mortgage Specialists in Sausalito, CA

Directory of reverse mortgage specialists in Sausalito, California. Verify credentials with the state mortgage licensing authority before hiring.

2 agents listed
Updated May 2026
Sausalito, 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 Sausalito, 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.
David Cary, Mortgage Broker, C2 Financial Corporation
300 Valley St, Sausalito, CA 94965
4159244400
Homebridge
1 Harbor Dr Suites 309 & 310, Sausalito, CA 94965
4157064854

What Does a Reverse Mortgage Specialist in Sausalito Cost?

Typical costs for a reverse mortgage in California include an origination fee of up to 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount over 200,000 dollars, capped at 6,000 dollars. Third-party costs such as appraisal title insurance and recording fees usually range from 2,500 to 5,000 dollars. The upfront mortgage insurance premium is 2 percent of the appraised value and annual premiums are 0.5 percent of the loan balance. These costs are typically financed into the loan. 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 are the eligibility requirements for a reverse mortgage in Sausalito?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence and meet FHA standards. California also requires a mandatory counseling session with a HUD-approved counselor before you can apply.
How does a reverse mortgage affect my heirs in California?
Heirs can keep the home by paying off the loan balance or selling the property to settle the debt. California law protects heirs from personal liability if the home value is less than the loan amount. They have 30 days after receiving notice to decide, with possible extensions.
Are reverse mortgage proceeds taxable in California?
Loan proceeds from a reverse mortgage are not considered income by the IRS or California Franchise Tax Board. They do not affect Social Security or Medicare benefits. However, they may impact Medicaid or Supplemental Security Income if the funds are not spent within the same calendar month.