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 8 reverse mortgage specialists in Soquel, 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.
Santa Cruz Lending Group - Powered by Mason-McDuffie Mortgage Corporation
2425 Porter St #13, Soquel, CA 95073
8312570111
Marina Watts - Reverse Mortgages
2739 Porter St, Soquel, CA 95073
8315359760
Andrea Schenk - Santa Cruz Lending Group
2425 Porter St #13, Soquel, CA 95073
8314310496
Victor D. Romero - Santa Cruz Lending Group
2425 Porter St #13, Soquel, CA 95073
8312142172
Tai Boutell - Santa Cruz Lending Group
2425 Porter St #13, Soquel, CA 95073
8314196931
BB Financial Solutions
5005 Vía Gatos, Soquel, CA 95073
8314756407
Jessie Brumbaugh - Santa Cruz Lending Group
2425 Porter St #13, Soquel, CA 95073
8313456977
Brooke Squyres - Reverse Mortgage Consultant NMLS#1488020 - Longbridge Financial, LLC
3700 Hardin Way, Soquel, CA 95073
8318406505
What Does a Reverse Mortgage Specialist in Soquel Cost?
Typical costs for a reverse mortgage in California include an origination fee of up to 6000 dollars, an upfront mortgage insurance premium of 2 percent of the home value, and third-party fees like appraisal and title search ranging from 500 to 1500 dollars. Annual mortgage insurance premiums are 0.5 percent of the loan balance. Costs vary by lender and loan type. 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 age requirements for a reverse mortgage in Soquel California?
Borrowers must be at least 62 years old. The non-borrowing spouse may have protections under California law if the borrowing spouse passes away. You must also own your home outright or have a low mortgage balance.
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 counselor. This session covers loan terms, costs, and alternatives. The counselor will verify you understand the loan before you proceed.