North Tustin California Reverse Mortgage

Your North Tustin Reverse Mortgage Guide

Welcome to North Tustin

Are you a homeowner in North Tustin looking for financial support in retirement? A reverse mortgage loan may be the solution you’ve been seeking. This type of loan allows homeowners aged 62 and older to access their home equity without the obligation to make monthly payments. Instead, the loan is repaid when the borrower sells the home or passes away. Reverse mortgage loans can provide a stable financial foundation and allow seniors to age in place with the comfort and security of their 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)

North Tustin 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

North Tustin California Frequently Asked Questions

How does a Reverse Mortgage work in North Tustin California?

A reverse mortgage in North Tustin, 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 North Tustin, 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 North Tustin?

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 North Tustin?

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 North Tustin California

Welcome to North Tustin, a vibrant and welcoming community located in Orange County, California. With a population of around 24,000, North Tustin is a great place to call home.

North Tustin has a rich history that dates back to the late 1800s, when the area was first settled by farmers and ranchers. Over the years, the city has grown and evolved, becoming a thriving community with plenty of activities and amenities.

If you're looking for outdoor fun, North Tustin has plenty of parks and trails to explore. From the rolling hills of Irvine Regional Park to the tranquil trails of Peters Canyon, there's something for everyone. There are also several community centers, such as the Tustin Sports Park and the Tustin Area Senior Center, that offer a variety of activities and programs.

For those with school-aged children, North Tustin is home to several excellent schools, including Arroyo Elementary, Hewes Middle School, and Foothill High School.

No matter what brings you to North Tustin, you're sure to find something to love about this vibrant community. From its rich history to its great parks and schools, North Tustin is a great place to visit and an even better place to call home.

Things To Do In North Tustin

Top Sights in North Tustin, CA


Overhill Drive

Holt Avenue

Kimberwick Drive

Rangeview Drive

Sirrine Drive

Hillsboro Road

Shadyridge Drive

Mira Vista Drive

Winnwood Lane

Foothill Boulevard

Arroyo Lindo Drive

Panorama Crest

Gimbert Lane

Derby Drive

Leafwood Lane

Skyline Drive

Circula Panorama Place

Bow Place

Vale Avenue

Marcy Ranch Road

Saint Cloud Lane

Lemona Lane

Deerhaven Drive

Lambeth Way

Wheeler Place

Strand Terrace

Rainbow Drive

Lemon Hill Drive

Dryden Lane

Sanderstead Road

Fairhaven Extension

Brier Lane

Allegheny Drive

Barrett Lane

South Crawford Canyon Road

Wedgwood Circle

Swidler Place

Woodlawn Avenue

Howland Way

Bigelow Park

Fairhaven Avenue

Hewes Avenue

Wass Street

South Solana Drive

Alstot Court

Equestrian Drive

Addison Road

Vista Panorama

Newport Boulevard

La Colina Drive

Country Haven Lane

County Lane

Lemon Circle

Gramercy Drive

Bonita Heights Drive

Loma Roja

Brighton Drive

Carriage Lane

Lucinda Way

Chaplet Place

Whitney Drive

Country Lane

Gershon Place

Sandhurst Place

Gigi Drive

Cowan Heights Drive

Laurinda Way

Arroyo Avenue

Flint Drive

Omega Drive

Saugus Avenue

Irvine Regional Park

East Rocking Horse Way

East La Cumbre Drive

Irvine Park Railroad

South Waterwheel Way

Bent Tree Park

Columbus Tustin Park

Orange County Zoo

Dietrich Drive

Peters Canyon Regional Park

Tustin Heritage Park

Pioneer Road Park

Peppertree Park

Citrus Ranch Park

East Wrangler Circle

South Cross Creek Road

Cedar Grove Park

East Avalon Avenue

Santiago Hills Park

Tustin Sports Park

Santa Ana River Trail

Palermo at Orchard Hills - Taylor Morrison

Leafy Pass

17th Street

Pine Tree Park

Peters Canyon Trail

Camino Real Park

Santiago Oaks Regional Park

Laurel Glen Park

Street Names in North Tustin, CA

Boca Canyon Dr Bonita Heights Dr Brenan Way Brightwood Dr Bullard Ln Cameo Dr
Castlegate Ln Charwood Ln Dall Ln Derby Dr Furlong Dr Gershon Pl
Gladstone Dr Gold Star Ln Grove Oak Dr Hinton Way Hunting Horn Dr Kootenay Dr
Ladera Senda Landfair Cir Lassen Dr Limetree Dr Lindale Ln Longmont Pl
Marble Arch Dr Oak Ridge Dr Orange Knoll Dr Overhill Dr Peacock Hill Dr Roane

North Tustin, CA Zip Codes

92705, 92780,

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 North Tustin

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 North Tustin. 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 – North Tustin

{ "@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.