California Reverse Mortgage

California Reverse Mortgage

A California reverse mortgage is a special type of home loan that lets a homeowner convert the equity in his or her home into cash. The equity built up over years of home mortgage payments can be paid to the homeowner in a number of ways: in a lump sum, in a stream of payments, or as a supplement to Social Security or other retirement funds. But unlike a traditional home equity loan or second mortgage, with a California reverse mortgage repayment is not required until the borrowers no longer use the home as their principal residence.

We can answer any questions and provide a free reverse mortgage quote for your California reverse mortgage. Email us or call toll free 1-888-973-8377.

Till next time, have a blessed day..