Compare Reverse Mortgage Specialists in Visalia, CA
Browse reverse mortgage specialists serving Visalia, California. Contact information and addresses listed below.
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 20 reverse mortgage specialists in Visalia, 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 Visalia Cost?
Typical costs for a reverse mortgage specialist in California include an origination fee of up to 2 percent of the first 200000 of the home value plus 1 percent of the amount above 200000. Other fees include appraisal costs 400 to 600 and third-party charges for title insurance and recording. Counseling costs 125 to 150 on average. Total closing costs generally range from 3000 to 8000 depending on the loan amount and property value. 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 Visalia California?
Borrowers must be at least 62 years old. For married couples both spouses must meet the age requirement unless the younger spouse is a non-borrowing spouse. California law allows the non-borrowing spouse to remain in the home after the borrowing spouse passes away.
Do I need counseling before getting a reverse mortgage in California?
Yes California requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. The session covers loan terms costs and alternatives. You can find counselors through the HUD website or local Visalia agencies.