Mesa Arizona Reverse Mortgage

Your Mesa Reverse Mortgage Guide

Welcome to Mesa

If you are a Mesa homeowner aged 62 or older, you may be eligible for a reverse mortgage loan. This type of loan allows you to access your home’s equity without making monthly payments. Instead, the loan is repaid when you sell the home or pass away. Reverse mortgage loans can provide financial support and security for seniors in Mesa, allowing them to age in place and enjoy the comfort and familiarity of their own homes. Don’t let your hard-earned equity go to waste – consider a reverse mortgage loan and see how it can benefit you and your family in retirement.

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)

Mesa 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/

Arizona Counseling Agencies

Agency Name: ADMINISTRATION OF RESOURCES AND CHOICES (ARC)
Agency ID: 81052
Address: SUITE 101, 1625 N.ALVERNON WAY
TUCSON, AZ 85712-3369
Phone: (520) 623-9383
Website: https://www.arc-az.org/

Agency Name: ADMINISTRATION OF RESOURCES AND CHOICES (ARC)
Agency ID: 81809
Address: 5800 W GLENN DR STE 275
GLENDALE, AZ 85301-2499
Phone: (602) 374-2226
Website: https://www.arc-az.org/

Agency Name: CREDIT.ORG – PHOENIX
Agency ID: 90589
Address: 2 N CENTRAL AVE
PHOENIX, AZ 85004-2322
Phone: (855) 494-4718
Website: https://www.credit.org/

Agency Name: WESTERN ARIZONA COUNCIL OF GOVERNMENTS (WACOG)
Agency ID: 82429
Address: 1235 S REDONDO CENTER DR
YUMA, AZ 85365-2039
Phone: (928) 217-7195
Website: https://www.wacog.com/

Agency Name: WESTERN ARIZONA COUNCIL OF GOVERNMENTS (WACOG) – KINGMAN BRANCH OFFICE
Agency ID: 82430
Address: 208 NORTH 4TH ST.
KINGMAN, AZ 86401-5815
Phone: (928) 217-7195
Website: https://www.wacog.com/

Mesa Arizona Frequently Asked Questions

How does a Reverse Mortgage work in Mesa Arizona?

A reverse mortgage in Mesa, Arizona, 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 Mesa, Arizona, 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 Mesa?

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 Mesa?

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 Mesa Arizona

Welcome to Mesa, Arizona! Located in the heart of the Valley of the Sun, Mesa is a vibrant city with a population of over 500,000 people. This city has a rich history that dates back to the late 1800s, when it was first settled by Mormon pioneers.

Mesa is an ideal destination for those looking for a mix of outdoor activities, cultural attractions, and educational opportunities. With its mild climate, there are plenty of outdoor activities to enjoy, such as hiking, biking, and camping in the nearby Tonto National Forest. There are also plenty of local parks, such as Red Mountain Park and the Riparian Preserve at Water Ranch, where visitors can enjoy a picnic or take a leisurely stroll.

The city also offers a variety of cultural attractions, such as the Mesa Arts Center, the Arizona Museum of Natural History, and the Mesa Historical Museum. There are also several community centers, such as the Mesa Community Center and the East Valley Jewish Community Center, which offer a variety of activities for all ages.

For those looking

Things To Do In Mesa

Mesa, AZ Neighborhoods

Dobson Ranch, Eastmark, Mira Mesa, Las Palmas Grand, Fountain of the Sun, Sunland Village East, Apache Wells, Sunland Village, Red Mountain Ranch, Carriage Manor, Alta Mesa Community Association, Fiesta Park Village, Parkwood Ranch, Spyglass Estates, Windsor Shadows, Arizona Skyline Community, Cachet at Las Sendas, Kleinman Park Neighborhood, Reed Park, Temple Historic District, Signal Butte Shopping Center, Woodridge Lakes, Citrus Highlands, Dobson Woods, Santo Tomas Mesa Homeown, Eastridge HOA, Dana Ranch HOA, Fuller Ranch, Nuestro Neighborhood, Escobedo Historic District, Hohokam Highlands, Emerson Manor, Stonecrest, Casa Mia Subdivision, Summer Mesa, Westbrook Town Homes HOA, Forest Knoll North, Garden Grove, Painted Mountain, Mesa Grande I, Parkview Terrace, Ashland, Dana Ranch at Villas Owners, Passey Place, Sonata II, Stonegate Estates, Mesa Valley View, Eaton Club Estates, Rancho de Arboleda Unit #4, Pioneer Protectors, Hacienda II,

MESA, AZ WEATHER !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src='https://weatherwidget.io/js/widget.min.js';fjs.parentNode.insertBefore(js,fjs);}}(document,'script','weatherwidget-io-js');

Top Sights in Mesa, AZ


Mesa Arts Center

Arizona Museum of Natural History

Golfland Sunsplash

Riverview Park

Pioneer Park

Mesa Arizona Temple

Arizona Commemorative Air Force Museum

Red Mountain Park

UPTOWN JUNGLE FUN PARK | Mesa, AZ

Usery Mountain Regional Park

Mesa Amphitheatre

South Chatham

East McKellips Road

East Main Street

East Florian Circle

East McLellan Road

East Southern Avenue

East Specter Drive

Papago Park

East Dodge Street

Mesa Contemporary Arts Museum

Skyline Park

i.d.e.a. Museum

Dobson Ranch Park

Desert Trails Bike Park

Countryside Park

Arizona Lights In The Night

Greenfield Park

Mesa Historical Museum

Park of Canals

Mesa Arizona Temple Visitors' Center

Augusta Ranch Golf Club

Desert Sky Park

The Rose Garden At MCC

Emerald Park

Kleinman Park

Eastmark Great Park

Falcon Field Park

Eagles Park

Carriage Lane Park

Signal Butte Park

Laguna Park The Dobson Association

No Snow Stand Up Paddleboard Shop

Desert Arroyo Park

Mesa Grande Cultural Park

Mansel Carter Oasis Park

Queen Creek Olive Mill

Casino Arizona

Cannon Beach

Granite Reef Recreational Area

Schnepf Farms

Salt River Tubing

Hogfish Tees

Superstition Mountain - Lost Dutchman Museum

Mesa Community College Planetarium

Airbase Arizona Flying Museum

Legacy Sports Park

Red Mountain Lake

Spook Hill

Riverview Lake

Optimist Park

Picture the Magic

Selleh Park

PHOENIX Sign

Painted Mountain Golf Resort

Flatiron Park

Phon D Sutton Recreation Area

South Greenfield Road

Frazier Shows

Desert Mountain Park

Superstition Shadows Park

Prospector Park

Founder's Park Splash Pad

Granite Reef Dam

Barleens Dinner Show

Siphon Draw

Horseshoe Park & Equestrian Centre

San Tan Historical Society

Coon Bluff Recreation Area

Christmas at Schnepf Farms

Desert Canyon Golf Club

Pass Mountain Trail

EJ Peak (Lone Mountain)

Apache Creek Golf Club

Queen Creek Botanical Gardens

Mount McDowell

Huhugam Ki Museum

Sonoqui Wash Trail Trailhead

Superstition Mountain Historical Society

Canyon Springs Baptist Church

Top Experiences in Mesa, AZ


Mesa Arts Center

Arizona Museum of Natural History

Golfland Sunsplash

Arizona Commemorative Air Force Museum

Usery Mountain Regional Park

East Southern Avenue

East Main Street

East Florian Circle

South Chatham

Contemporary art

Water parks

Lake boating

Street Names in Mesa, AZ

10th Ave 11th Ave 12th St 13th Ave 14th Ave 15th Ave
16th Ave 17th Ave 18th Ave 19th Ave 20th Ave 21st Ave
22nd Ave 2nd Pl 2nd St E 3 Fountains Of Mesa 3rd Pl 53rd Cir
53rd Pl 54th Cir 5th Ave 5th St W 61st Way 63rd St
6th Ave 6th St W 79th Terrace 7th Ave 7th St W 84th

Mesa, AZ Zip Codes

85201, 85202, 85203, 85204, 85205, 85206, 85207, 85208, 85209, 85210, 85211, 85212, 85213, 85214, 85215, 85216, 85274, 85275, 85277, 85296,

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 Mesa

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 Mesa. 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 – Mesa

{ "@context": "https://schema.org/", "@type": "VideoObject", "name": "Services Offered in Arizona | 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/OBGbazoLlNA/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": "PT0M58S", "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=OBGbazoLlNA", "embedUrl": "https://youtu.be/embed/OBGbazoLlNA", "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.