Huntington Beach California Reverse Mortgage

Your Huntington Beach Reverse Mortgage Guide

Welcome to Huntington Beach

As a homeowner in Huntington Beach, you have worked hard to build equity in your home. Now, that equity can work for you in your retirement years with a reverse mortgage loan. This type of loan allows you to tap into the equity you have built up in your home without the obligation to make monthly payments. Instead, the loan is repaid when you sell the home or pass away. Reverse mortgage loans can provide financial stability and peace of mind, allowing you to enjoy your retirement and age in place in the comfort of your own home.

Reverse Mortgage

Explore the possibilities of a Reverse Mortgage! Free yourself from worrying about monthly bills and take back control of your financial future. With a Reverse Mortgage, you can unlock the power of your home’s equity while maintaining ownership of your home. Find out today how you can start on the road to financial freedom.

Learn More about a Reverse Mortgage

Reverse Mortgage for Purchase

Did you know you can use a reverse mortgage to purchase a new home? A reverse mortgage for purchase allows seniors to buy a new home without making any monthly mortgage payments. Instead of getting an upfront lump sum payment like other reverse mortgages, the loan is used to purchase a new primary residence.

Learn More about a Reverse Mortgage for Purchase

HECM to HECM Refinance

A HECM (Home Equity Conversion Mortgage) to HECM refinance, also known as a HECM loan refinance, is a type of reverse mortgage that allows a borrower to refinance an existing HECM loan with a new one. This can be beneficial for several reasons, such as lowering your interest rate, changing the loan terms, accessing additional equity, and improving your financial situation.

Learn More about a HECM to HECM Refinance

Cash Out Reverse Mortgage

A Reverse Mortgage allows you to take cash out of your house and use the equity in your home for the things you want. You can receive your cash as a lump sum, fixed monthly payment, or line of credit.

Learn More about a Cash Out Reverse Mortgage

Jumbo Reverse Mortgage

A Jumbo Reverse Mortgage is a reverse mortgage that allows homeowners to borrow more money than allowed with a traditional HECM reverse mortgage. This is because a Jumbo Reverse Mortgage is not limited by the same lending limits set by the Federal Housing Administration (FHA) for standard HECM loans. With a Jumbo Reverse Mortgage, you can access more of the equity in your high-value home.

Learn More about a Jumbo Reverse Mortgage

Request a Reverse Mortgage
Name(Required)

Huntington Beach Approved Reverse Mortgage Counseling Agencies

HUD Approved HECM Counseling Agencies

The following is the internet website address and telephone number provided by HUD for the purposes of acquiring HECM counseling:

National Counseling Agencies

ClearPoint Financial Solutions
(800) 251-2227
https://www.clearpoint.org/

Money Management International
(877) 908-2227
https://www.moneymanagement.org/

Credit.org
(800) 947-3752
https://www.homeownership.org/

National Foundation for Credit Counseling
(866) 698-6322
https://www.nfcc.org/

Greenpath
(888) 860-4167
https://www.greenpath.com/

Navicore
(866) 855-7736
https://navicoresolutions.org/

Guidewell Financial Solutions
(800) 882-6171
https://www.guidewellfs.org/

NeighborWorks America
(202) 760-4000
https://www.neighborworks.org/

Housing Options Provided for the Elderly (HOPE)
(844) 432-6467
https://hopeforseniorsstl.org/

California Counseling Agencies

Huntington Beach California Frequently Asked Questions

How does a Reverse Mortgage work in Huntington Beach California?

A reverse mortgage in Huntington Beach, California, works similarly to a reverse mortgage in other parts of the country. The basic principle is that it allows homeowners 62 years of age or older to borrow money against the equity in their home without having to make monthly payments. Instead, the loan becomes due when the borrower moves out of the house permanently, sells the home, or passes away.

To obtain a reverse mortgage in Huntington Beach, California, the borrower must meet with a reverse mortgage lender and go through a counseling session to ensure that a reverse mortgage is a suitable choice for them. The lender will also appraise the home to determine its value and the amount the borrower is eligible to borrow.

Do I make mortgage payments on my Reverse Mortgage in Huntington Beach?

No, you do not have to make payments on your reverse mortgage. You are still obligated to pay your property taxes, homeowners insurance, general home maintenance and upkeep, and any HOA fees, if applicable. The benefit of a reverse mortgage is that you do not have to make a regular monthly mortgage payment.

What qualifies for a reverse mortgage in Huntington Beach?

A reverse mortgage loan is only available to seniors who are age 62 or older. This type of loan has been designed to help provide a solution to allow seniors access to equity in their homes while still living there. To qualify for a reverse mortgage, you must:

  • The youngest borrower on the loan must be 62 years old or older
  • Having an existing mortgage loan balance is OK as long as there is sufficient equity in the home
  • It must be your primary residence, not rental homes or vacation homes
  • Reverse mortgage loans are available as refinance or purchase loans.

How do I receive my money when I get a reverse mortgage?

With a Reverse Mortgage, borrowers have the flexibility to choose how they want to receive their loan proceeds. This can include receiving the funds in one lump sum, periodically accessing them through a line of credit, receiving regular monthly payments, or a combination of these options. Speak with a licensed Reverse Mortgage Lender to discuss your options.

About Huntington Beach California

Welcome to Huntington Beach, the vibrant and sun-soaked city located in Southern California! With a population of around 200,000, this city is a great place to call home.

Huntington Beach has a long and storied history. It was founded in 1909 by a group of entrepreneurs who wanted to create a seaside resort town. Over the years, the city has grown and evolved into the vibrant and bustling city that it is today.

If you're looking for a fun and exciting place to visit, Huntington Beach is the perfect destination. There are plenty of activities to keep you entertained, from the iconic Huntington Beach Pier to the beautiful beaches and local parks. You can also explore the city's vibrant cultural scene, with its many art galleries, museums, and performing arts venues.

For those looking to stay active, Huntington Beach is the perfect place. There are plenty of outdoor activities to enjoy, from surfing and paddle boarding to biking and hiking. There are also plenty of community centers and local parks, including Central Park and the Huntington Beach Sports Complex.

For families, Huntington Beach is a great place to call home. There are several schools located within the city limits, including Huntington Beach High School and Marina High School.

So if you're looking for a sunny and vibrant city to explore, Huntington Beach is the perfect place to visit!

Things To Do In Huntington Beach

Huntington Beach, CA Neighborhoods

Wintersburg, Bolsa Chica-Heil, Goldenwest, Oak View, Gilbert Island, Garfield, Yorktown, Adams,

Top Sights in Huntington Beach, CA


Huntington Beach Pier

Bolsa Chica State Beach

Huntington State Beach

Bolsa Chica Ecological Reserve

Adventure City

Huntington Beach International Surfing Museum

Huntington Beach Dog Beach

Balboa Pier

Huntington City Beach

Lyon Air Museum

Shipley Nature Center

Beach Boulevard

Mile Square Regional Park

Huntington Central Park East

Huntington Central Park

The Reptile Zoo

Downtown HB

Huntington Beach Art Center

Fairview Park

Newland House Museum

Seal Beach National Wildlife Refuge

Atlantis Play Center

Vans Off The Wall Skatepark

Surfing Walk of Fame

Huntington Beach

Huntington Beach Bike Trail

Seal Beach Municipal Pier

Santa Ana River County Beach River Jetties

Dog Beach

West Newport Park

Surf City Nights Street Fair and Certified Farmers' Market

Seabridge Park

Seal Beach Winery

Sigler Park

Garden Grove Park

Diego Sepulveda Adobe

Bolsa Chica Conservancy

Los Cerritos Wetlands

HAUNTington Beach Manor

Los Alamitos Race Course

Mile Square Golf Course

Museum of the Republic of Vietnam

Murdy Park and Community Center

Stanton Central Park

Pier Plaza and Amphitheatre

Fountain Valley Skating Center

Talbert Regional Park

Gum Grove Park

Bolsa Chica State Beach

Alamitos Bay

Estancia Park

Harriett M. Wieder Regional Park

Stanley Ranch Museum

Harry M. Dotson Park

Huntington Beach Wetlands

Village Green Park

Sunset County Beach

Urban Forest

Huntington Beach Downtown Business Improvement District

Huntington Beach Pier

Brevvie

Vietnam War Memorial

Gibbs Park

Navy Golf Course

Water Tower House

Huntington Beach Sports Complex

Lake Huntington

Carr Park

Lake Park

Amigos De Bolsa Chica

Huntington Beach Tree Society, Inc.

Harbor Soaring Society Airfield

Eastgate Park

Red Car Museum

Green Park

Arbor Dog Park

World's Largest Surfboard

Rush Park

Huntington Beach Disc Golf Course

Rossmoor Park

Huntington Beach, California

Talbert Nature Preserve

Anaheim Bay

Little Cottonwood Park

Worthy Park

Chua Dieu Ngu Buddhist Temple

Edison Park

Huntington Beach

Parking At Seal Beach Jetty

Canyon Park

Surfside Beach

Bauer Park

Eisenhower Park

Garden Grove Historical Society

Russell C Paris Park

Bolsa Chica Park

The Fish and Coral Store

Marina Community Park

Top Experiences in Huntington Beach, CA


Huntington Beach Pier

Bolsa Chica State Beach

Huntington State Beach

Bolsa Chica Ecological Reserve

Adventure City

Huntington Beach International Surfing Museum

Huntington Beach Dog Beach

Balboa Pier

Huntington City Beach

Beach bonfire

Beach walk

Night market

Huntington Beach, CA Zip Codes

90742, 92605, 92615, 92646, 92647, 92648, 92649,

Reverse Mortgage Regulations

HUD – The United States Department of Housing and Urban Development is one of the executive departments of the U.S. federal government. It administers federal housing and urban development laws. They state, “Reverse mortgages are increasing in popularity with seniors who have equity in their homes and want to supplement their income. The only reverse mortgage insured by the U.S. Federal Government is a Home Equity Conversion Mortgage (HECM) which is only available through an FHA-approved lender. The HECM is FHA’s reverse mortgage program that lets you withdraw a portion of your home’s equity.”

Consumer Finance Protection Bureau – The Consumer Financial Protection Bureau is an agency of the United States government responsible for consumer protection in the financial sector. They state, “A reverse mortgage is a special type of home loan only for homeowners who are 62 and older. With a reverse mortgage, the amount the homeowner owes goes up–not down–over time.”

NMSL – The Nationwide Multi-State Licensing System and Registry is the record system for non-depository financial services licensing.

NRMLA – The National Reverse Mortgage Lenders Association (NRMLA) is a professional association that serves as an educational resource for the Reverse Mortgage community. The NRMLA was established in 1997 to promote professionalism and provide support and guidance to lenders and education borrowers. In addition, they prioritize educating consumers on the advantages and disadvantages of obtaining a reverse mortgage, ensuring borrowers make informed decisions.  They also provide training for mortgage professionals, enforce a code of ethics, and advise policymakers on reverse mortgage issues.

Reverse Mortgage Lenders near Huntington Beach

Call us for a free, no-obligation consultation about your Reverse Mortgage options. One of our licensed professionals will answer your questions without the hassle of a sales pitch. You’ll learn what programs you may qualify for and discover the best options that will suit your situation.

We are proud to serve the residents of Huntington Beach. We have been in the mortgage lending business since 2002 and would be happy to provide additional testimonials and references to clients we have worked with. We look forward to serving you and welcome the opportunity to meet and discuss your individual needs.

Reverse Mortgage Resource Center
Phone: 385-503-2224

Reverse Mortgage Resource Center – Huntington Beach

{ "@context": "https://schema.org/", "@type": "VideoObject", "name": "Services Offered in California | Reverse Mortgage Resource Center", "description": "Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com Reverse Mortgage Resource Center, we specialize in providing comprehensive information on reverse mortgages to seniors. Our goal is to educate and guide our clients through the process, ensuring they fully understand their options and can make informed decisions. We offer a wide range of reverse mortgage services that can help you access the equity in your home in a way that best suits your needs. Reverse Mortgage Resource Center offers the following services: Reverse Mortgage Reverse Mortgage for Purchase Cash Out Reverse Mortgage HECM to HECM Refinance Jumbo Reverse Mortgage Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com See all of our videos about Reverse Mortgage Resource Center services here: https://youtube.com/playlist?list=PLIXdz9DLAFTCZqDlcPKA1-xtzRutjTSn1", "thumbnailUrl": "https://i.ytimg.com/vi/Z4M9Z-OYbqs/maxresdefault.jpg", "transcript": "Reverse Mortgage Resource Center - 385-503-2224 - https://reversemortgageresourcecenter.com Reverse Mortgage Resource Center, we specialize in providing comprehensive information on reverse mortgages to seniors. Our goal is to educate and guide our clients through the process, ensuring they fully understand their options and can make informed decisions. We offer a wide range of reverse mortgage services that can help you access the equity in your home in a way that best suits your needs. Reverse Mortgage Resource Center offers the following services: Reverse Mortgage Reverse Mortgage for Purchase Cash Out Reverse Mortgage HECM to HECM Refinance Jumbo Reverse Mortgage Our team of experts is dedicated to answering any questions and concerns. Give us a call to schedule a no-obligation consultation, and let us show you how a reverse mortgage can benefit you. Reverse Mortgage Resource Center 11240 River Heights Dr Suite 100 South Jordan, Utah 84095 385-503-2224 https://reversemortgageresourcecenter.com See all of our videos about Reverse Mortgage Resource Center services here: https://youtube.com/playlist?list=PLIXdz9DLAFTCZqDlcPKA1-xtzRutjTSn1", "uploadDate": "2023-02-07", "duration": "PT1M0S", "publisher": { "@type": "Organization", "name": "Reverse Mortgage Resource Center", "logo": { "@type": "ImageObject", "url": "https://reversemortgageresourcecenter.com/wp-content/uploads/2023/02/Reverse-Mortgage-Resource-Center-Logo-dark.png", "width": "359", "height": "194" } }, "contentUrl": "https://www.youtube.com/watch?v=Z4M9Z-OYbqs", "embedUrl": "https://youtu.be/embed/Z4M9Z-OYbqs", "interactionCount": "UserInteractionCount", "genre": "Educational Genre" }, "productionCompany": { "@type": "Organization", "name": "Reverse Mortgage Resource Center" } }

REVERSE MORTGAGE RESOURCE CENTER ~lIVE lIFE ON yOUR tERMS~


Our Lending Team has been serving our clients since 2004. We are passionate about serving our clients with integrity to help them achieve their financial goals.