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 5 reverse mortgage specialists in Valencia, 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.
Southern Oaks Mortgage inc
25060 Avenue Stanford Suite 255, Valencia, CA 91355
6619642600
James Hecker, Mortgage Advisor NMLS #214601
27201 Tourney Rd #201, Valencia, CA 91355
6617142145
Kevin Ker - Premier Plus Lending Santa Clarita
25124 Springfield Ct #100, Valencia, CA 91355
8009634623
Stress Free Mortgage
25115 Avenue Stanford B220, Valencia, CA 91355
6612950555
SelectPlus Lending - Office of Dan Felico
25350 Magic Mountain Pkwy Suite 300, Valencia, CA 91355
6618039046
What Does a Reverse Mortgage Specialist in Valencia Cost?
Typical costs for a reverse mortgage specialist in California include an origination fee up to 2 percent of the home value and a mortgage insurance premium of 2 percent upfront plus 0.5 percent annually. Closing costs range from 2,000 to 5,000 dollars depending on the lender and property value. These fees are often financed into the loan. 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 Valencia California?
Borrowers must be at least 62 years old. If married the younger spouse may be eligible for a deferral period under California law if the loan is originated after certain dates. The specialist can explain these protections.
Do I need counseling before getting a reverse mortgage in California?
Yes California law requires a HUD-approved counseling session for all reverse mortgage applicants. The session covers costs alternatives and borrower obligations. The specialist can provide a list of approved counselors in the Valencia area.