Reverse Mortgage Company in San Diego California
Specialists in HECM & Jumbo Reverse Mortgages
Accurate Reverse Mortgage is a local San Diego Reverse Mortgage Company which provides reverse mortgage services in San Diego and all of California. We have a deep commitment to providing accurate, reliable, and ethical conversations about reverse mortgage products. The owner, John Correll, has over 25 years lending experience, a degree in finance and holds the designation of CRMP – Certified Reverse Mortgage Professional. Reverse Mortgages are the only types of loan products we offer –so if you are looking for a true specialist we invite you to give us a call. We look forward to speaking with you.
John Correll, CRMP at Accurate Reverse Mortgage Corp
Certified Reverse Mortgage Professional
(888) 603-1550 | (619) 294-9820
Serving the Reverse Mortgage Needs of the Entire State of California
Explore Ways to Use Home Equity with a Reverse Mortgage
Potential Benefits Could Include:
Get rid of a monthly mortgage payment*
Funds for home improvements
Supplement retirement income
Consolidate debts to lower monthly expenses
Cover medical or in-home care costs
*Borrower will still need to pay their ongoing home expenses such as property taxes,
homeowners insurance & maintenance plus continue to occupy the home as their primary residence.
Reverse Mortgage Solutions in San Diego and Beyond
If you are here you have probably been searching for info on reverse mortgages. Well, you've landed in the perfect spot. While many big companies bounce you around complex call centers, we take a different approach. We are a small a boutique-style reverse mortgage company in San Diego, California. We offer a more personal touch with each and every client.
The company was formed by John Correll who is a veteran of the mortgage industry with over 25 years of experience. John holds the designation of CRMP (Certified Reverse Mortgage Professional). We aim to empower each client by offering complete reverse mortgage services and listening to their unique needs and goals.
While everything can be done via the phone and computer if you prefer - we still believe in delivering unmatched, one-on-one service that can only be experienced through face-to-face conversations over a kitchen table and sealed with a handshake. Your journey to understanding everything reverse mortgages starts here, where individualized attention meets expertise.
Thank you for spending time on our website and we would love to have a conversation with you about your goals and ways we can help you put your home's equity to work for you, a family member or someone you know.
"People First - Business Second."
- John Correll, CRMP and company founder
Offering a personalized approach to help educate clients on ways to use home equity and Reverse Mortgages.
Discover Today's Reverse Mortgage
with new Safeguards and Protections
The Best Way to Evaluate a Reverse Mortgage is to Request a Personalized Quote by Phone or Online
Call To Learn More and Get Your Reverse Mortgage Questions Answered Quickly
Call or Text: (619) 294-9820
Located in San Diego - But Proudly Serving the Entire Great State of California
John Correll, CRMP - Certified Reverse Mortgage Professional
5-Star Online Reviews
(13 votes, average: 5.0 out of 5)
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A+ experience working with John. He's very thorough and great to work with. He came out to our house and explained everything clearly. Always available to answer questions and quickly... read more
Steve Janofsky
John has helped my mother with her reverse mortgage needs and has done an excellent job. He is very respectable, kind, takes time to explain procedures and policies, and... read more
Cindy Morrow
Just to let everyone know that I have been communicating with a John Correll, CRMP for many years. I am a home owner and I have been re-financed for my... read more
John Matsumoto
We have done three reverse mortgages with John Correll and couldn't be more pleased! He is so easy to work with, explains everything in detail so there are... read more
L Adams
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We have referred John several clients of ours. I get nothing but great feedback from all of them. He is extremely knowledgeable when it comes to reverse mortgages and holds... read more
Ric Goodman
John is extremely knowledgeable when it comes to reverse mortage. He is friendly and kind full of patience especially when there is someone who like to ask a lot of... read more
Suanne Lusk
John is the greatest - full confidence in him never worried about anything and he kept me informed the whole way
Lois Spaulding
I had the pleasure of working with John for the entire Reverse Mortgage process. He was great, very informative, helpful and personable. He kept me updated through every... read more
Denelle Bush
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John Correll at Lineage Lending did our first reverse mortgage in 2018 and handled a refinancing of it in November, 2021. He is totally honest, trustworthy and well organized.... read more
Jon Cunningham
Want a Reverse Mortgage? The best thing you can do for yourself is call John. We just finished a RM refi and he was on top of it every step... read more
Ray Wing
A personal service lender instead of the large, out of the area firms that work by committee with o defined single point of contact. Better, more complete answers, tailored... read more
John Brown
John Correll Reverse Mortgage Specialist (Lineage Lending, Reverse Loans) is professional, the most honest person I could met in my whole life. He offered me the best... read more
ildiko c
What is a Reverse Mortgage and How Do They Work
A Reverse Mortgage is special type of home equity loan similar to a traditional mortgage but with some exciting features which are designed specifically for older homeowners. A reverse mortgage can be used as a tool to access some home equity wealth and lower monthly payments on debts in retirement.
A reverse mortgage is a mortgage loan choice for homeowners who are 62 years or older (minimum age 55 on the proprietary reverse mortgage products). It lets them convert a portion of their home's value into cash.
For many older homeowners, much of their wealth is tied the equity in their home. This product can convert some of this equity into funds to cover everything from basic living expenses to home improvements, travel, healthcare costs and more. There are no restrictions on how the money from a reverse mortgage can be used. As a result, more and more homeowners are incorporating reverse mortgages into their retirement plans to improve their financial security.
HOW REVERSE MORTGAGE FUNDS ARE ACCESSED: Proceeds from a reverse mortgage can be taken in a number of ways. The borrower can choose to take a lump sum at closing or utilize drawing funds over time or in the future with a line-of-credit or a series of monthly payments to them. (or any combo of all 3). Additionally any liens on the home can be paid off by refinancing those balances into the reverse mortgage at closing to lower ongoing monthly expenses.
Unlike a regular mortgage where the homeowner pays the lender each month in payments, with a reverse mortgage, there is no required monthly mortgage payment. (as long as reverse mortgage in good standing) This can offer incredible financial freedom for the older homeowner in retirement.
HOW REPAYMENT WORKS: The borrower is not obligated to repay the reverse mortgage loan until they sell the home, no longer live there or another maturity event (such as not paying their property taxes or homeowners insurance). During the borrower's life time, with the loan in good standing, they won't need to make any monthly payments toward the loan balance. However, as with any mortgage, the borrower must stay up to date with property taxes, homeowners insurance, and homeowners association fees (if applicable) plus maintain the property for the loan to stay in good standing. Also at least one of the borrowers must continue to live in the home as their primary residence. After a maturity event - the loan is then paid off in full though sale of the home by the heirs or some other method such as a refinance. Any remaining equity in the home after payoff belongs to the borrower or their heirs.
Not all borrowers will qualify for a reverse mortgage so we encourage you to give us a call to review your situation. (888) 603-1550 or (619) 294-9820.
Additional Reverse Mortgage Information Resources California
List of the Potential Benefits of a Reverse Mortgage
- No Monthly Mortgage Payments* If the homeowner has a traditional mortgage currently - that balance can be "refinanced" into the new reverse mortgage to eliminate the monthly payment.*
- Supplement Retirement Income Funds from the reverse mortgage can be taken as needed to help increase monthly cashflow and cover living expenses, medical bills and other emergencies.
- Stay Living in Current Home During the lifetime of the loan the homeowner can stay living in the home without needing to sell or make monthly mortgage payments as long as loan stays in good standing.*
- Potential Tax Advantages Here the borrower should consult their tax advisor or financial planner to discuss the numerous strategies on how to be savvy with a reverse mortgage.
- Heirs Inherit Any Remaining Equity After Paying Off the HECM Loan At a maturity event such as death - the reverse mortgage becomes due an payable and the estate can sell the home or payoff the loan another way such as a refinance. The estate then keeps the remaining equity.
- Non-Recourse Feature In the event the home is "upside down" meaning the loan is bigger than home value - neither the borrower nor the heirs are liable for the shortfall. This provides a level of protection against owing more than the home is worth.
* At least one borrower must continue to occupy the home as their primary residence, continue to pay ongoing property taxes, homeowners insurance, HOA dues (if any) and maintain the home for the loan to stay in good standing. As long as the borrower(s) continue to do those items No Monthly Mortgage Payments Are Required.
To review the possible benefits of what a reverse mortgage might do for you
please give me a call personally.
I have over 25 years mortgage lending experience.
I also hold the designation of CRMP (certified reverse mortgage professional).
Allow me put that experience to work for you, your family or someone you care about.
John Correll, CRMP - (619) 294-9820 | (888) 603-1550
Let’s have a conversation about using home equity to help reach your retirement goals.
CRMP Certified Reverse Mortgage Professional in San Diego
When selecting a loan officer, you should consider working with a professional who has earned the Certified Reverse Mortgage Professional (CRMP) designation, the highest designation in the industry, from the National Reverse Mortgage Lenders Association (NRMLA)
Discover the benefits of working with a CRMP Certified Reverse Mortgage Professional
Areas We Serve Reverse Mortgage Clients
Assisting Older Homeowners and Families in San Diego and California With Reverse Mortgages
Our office is located centrally in San Diego where we can meet at our office in person. However, we also offer in-home appointments or remote proposal packages throughout all of San Diego and California. Some of the areas we have served include La Jolla, Pacific Beach, North Park, Hillcrest, Little Italy, Mission Beach, Old Town, South Park, Point Loma, University City, Normal Heights, Ocean Beach, Kensington, South Park, Golden Hill, Bankers Hill, Clairemont, Rancho Bernardo, Tierrasanta, Scripps Ranch, City Heights and Kearny Mesa. We've also worked with clients in other parts of the county including Coronado, Del Mar, Solana Beach, Carlsbad, Encinitas, National City, Chula Vista, Poway, Spring Valley, Santee, La Mesa, El Cajon, Oceanside, Escondido, Solana Beach, San Marcos, Imperial Beach, Lakeside, Vista, Temecula and Rancho Santa Fe. We also serve the entire state of California including Los Angeles, San Jose, San Francisco, El Centro, Fresno, Riverside, Palm Springs, Irvine, Sacramento, Long Beach, Oakland, Bakersfield and Anaheim.
4025 Camino Del Rio S. Suite 339 San Diego, CA 92108
Located in San Diego and Serving Reverse Mortgage Clients Across All of California
Request Your Free Reverse Mortgage Info Kit
The Best Way to Understand if a Reverse Mortgage Could Work for You is to Simply Take a Look
Using this quick request form you will get access to:
- Clear Understanding of Available Choices
- Customized Quote that Covers Eligibility and Current Interest Rates
- Side-by-Side Comparison of Available Reverse Mortgage Products Based on Your Circumstances
- Connect to a CRMP with 25+ years lending experience who can help guide you
Thank you, John Correll, CRMP - Certified Reverse Mortgage Professional
p.s. we do not sell your info - you will hear from me personally.
Reasons to Consider Working With John Correll at Accurate Reverse Mortgage Corp
Reverse Mortgage Testimonials with High Satisfaction Reviews
Working directly one-on-one with a "true specialist" in reverse mortgages has lead to hundreds and hundreds of happy clients.
Read Their Reverse Mortgage Success Stories
Discover Ways to Unlock Wealth in San Diego and California Homes With a Reverse Mortgage
John Correll has assisted hundreds and hundreds of reverse mortgage clients in San Diego and in all parts of California. A reverse mortgage has helped many achieve their personal goals by unlocking and utilizing some of the wealth stored up in their home to help support their retirement lifestyle. Find out for yourself how a reverse mortgage works and the potential it may offer you or your family. Unfortunately not everyone can qualify for a reverse mortgage as there are equity and other requirements - but we invite you to give us a call so together we can help navigate this and determine what you might be eligible for with a reverse mortgage. If you like what we see, we can assist you from the initial call through application, closing and beyond for years into the future. Once you are a client of John's - you are a client for life.
Accurate Reverse Mortgage Corp
John Correll, CRMP
Certified Reverse Mortgage Professional
Call or Text: (619) 294-9820
Toll Free: (888) 603-1550
Located Locally in San Diego and Proudly Serving The Entire Great State of California
25+ Years Mortgage Experience and 5-Star Ratings and Reviews with High Client Satisfaction
