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Find Reverse Mortgage Specialists Near You in Sierra Madre, CA

Browse reverse mortgage specialists serving Sierra Madre, California. Contact information and addresses listed below.

3 agents listed
Updated May 2026
Sierra Madre, 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 Sierra Madre, 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.
Beacon Mortgage
122 W Sierra Madre Blvd Unit D, Sierra Madre, CA 91024
6267865512
Rate One Financial Inc
25 S Baldwin Ave, Sierra Madre, CA 91024
8182846480
Chase Home Lending
25 W Sierra Madre Blvd, Sierra Madre, CA 91024
6263720532

A reverse mortgage specialist in Sierra Madre helps older homeowners access home equity without monthly payments. In California, borrowers must complete a HUD-approved counseling session before obtaining a Home Equity Conversion Mortgage. Sierra Madre residents often use these loans to supplement retirement income or cover home repairs.

What Does a Reverse Mortgage Specialist in Sierra Madre Cost?

Typical costs for a reverse mortgage specialist in California include an origination fee of up to 2 percent of the first 200000 dollars of home value plus 1 percent of the amount above that. Third-party fees such as appraisal title insurance and recording fees range from 2000 to 5000 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 vary by lender 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 does a reverse mortgage specialist in Sierra Madre do?
A specialist guides you through the reverse mortgage process including eligibility counseling and loan options. They help you understand how the loan affects your home equity and estate. The specialist must be licensed in California and follow state disclosure rules.
Who is eligible for a reverse mortgage in California?
You must be at least 62 years old and own your home outright or have a low remaining mortgage balance. The property must be your primary residence. California law requires you to attend a counseling session with a HUD-approved agency before applying.