Reverse Mortgage Company Serving Anaheim CA
We are a Southern California Reverse Mortgage Company serving Anaheim, Orange County and California. We specialize in HECM and Jumbo Reverse Mortgage loans. Reverse mortgages are the only types of loans we originate. Our goal is to demystify the process, answer your questions, and connect you with a seasoned Certified Reverse Mortgage Professional (CRMP), John Correll, with over 25 years of mortgage expertise.
Discover the potential of a reverse mortgage for your Anaheim or California residence
Get Started Today and Call us at (888) 603-1550
Elevate Your Retirement Confidence with the Support of a Reverse Mortgage in Anaheim, California
In recent years, property values in Anaheim and California have surged, leading many long-time homeowners to accumulate substantial home equity. With rising inflation impacting expenses, many older homeowners are considering reverse mortgages to access part of their home's equity.
To understand reverse mortgages better, we invite you to connect with John Correll, a CRMP expert with decades of experience in the mortgage industry. Our company specializes exclusively in reverse mortgages and has a successful track record of assisting Anaheim and California residents.
Explore Your Potential Anaheim Reverse Mortgage with John Correll, CRMP
(888) 603-1550
Serving the Entire Great State of California
The CRMP designation signifies the distinguished "Certified Reverse Mortgage Professional" accreditation granted by the National Reverse Mortgage Lenders Association (NRMLA).
Secure Your Exclusive Reverse Mortgage Proposal Quote and Information Kit
Check Your Qualification for a Reverse Mortgage in Anaheim or California
Take a Glimpse of Anaheim California and the Potential Advantages of Reverse Mortgages
Anaheim, California is a sunny city in Orange County California and is most famous for Disneyland. The population of Anaheim is around 344,000 per US Census Data. You can watch sports at Angel Stadium, enjoy great food, and the weather is usually warm and pleasant. It's a popular place for both tourists and residents.
List of 5 Attractions to Visit in Anaheim California:
- Disneyland Resort: A renowned theme park filled with magical rides and beloved characters.
- Honda Center: A versatile sports and entertainment arena that hosts concerts and events.
- Anaheim Packing District: A hip food hall with diverse dining options and unique experiences.
- Angel Stadium: The home of the Los Angeles Angels, offering exciting baseball games.
- Adventure City: A family-oriented amusement park providing fun rides for all ages.
Exploring Anaheim Real Estate Market and Role Reverse Mortgages Can Play to Tap Home Equity
In the past decade, the real estate market in Anaheim, California, has shown remarkable strength as prices have risen sharply. If you're an older homeowner seeking to tap into your home's value without selling or relocating, a reverse mortgage could be a suitable option. Thanks to the robust real estate market, there's now a historic level of home equity available to seniors. These specialized loans cater to older homeowners and, if you meet the requirements, might enable you to access some of your home equity while still residing in your home. The funds from a reverse mortgage can be used for various purposes, such as covering expenses or enhancing retirement.
John Correll, a highly experienced loan officer at Accurate Reverse Mortgage, is here to assist you. If you'd like to learn more about how a reverse mortgage could benefit you or explore your options, please contact us at (888) 603-1550. John Correll and his team are prepared to provide the information and guidance necessary for you to make an informed decision.
Reverse Mortgage Company Serving Anaheim, CA
Discover Multiple Reverse Mortgage Loan Types in Anaheim and California
We originate a wide spectrum of reverse mortgage choices tailored to California homeowners.
Our entire range of reverse mortgages is accessible throughout the state of California.
Anaheim Reverse Mortgages - Common Questions
If you're a homeowner in Anaheim, California, or any other part of the state, and you're on a quest to improve your retirement outlook, it's worth recognizing that many seniors have improved their financial situation through reverse mortgages. Acquiring knowledge is the first step to financial peace of mind.
What is the age requirement to get a reverse mortgage in Anaheim or California?
Eligibility for an HECM reverse mortgage starts at age 62, while for a jumbo or 'proprietary' reverse mortgage, you can apply from 55 and above.
How much money do you actually get from a reverse mortgage in Anaheim or California?
For borrowers that qualify, the amount of funds they get are based on several factors including the age of the borrower, home value, current mortgage balance, interest rate and type of reverse mortgage they apply for.
What is the typical timeframe to get a reverse mortgage?
On average, it takes approximately 30-60 days to complete the reverse mortgage process, involving education, counseling, application, appraisal, underwriting, closing, and funding. Our team is committed to assisting you every step of the way and ensuring you're fully informed.
Who owns the house in a reverse mortgage?
As with other mortgages, during the life of the loan the borrower retains title meaning their name stays on title. The lender puts a lien on the home and that balance becomes due upon a maturity event. A note of interest: reverse mortgages generally will allow the borrower to close the transaction and keep the home in the trust while other types of mortgages often require the borrower to pull the house of the trust.
Common Uses of a Reverse Mortgage in Anaheim and California
- Financial Freedom: Access funds as borrower like, whether all at once, in regular payments, or as a credit line.
- Boost Retirement Income: A reverse mortgage can add to retirement money, making it easier to pay bills and enjoy life.
- Estate Plans: Work with experts to manage assets and retirement goals, which could help heirs. (*Remember, not financial advice; consult your advisor.)
- Home Improvements: Use a reverse mortgage for home upgrades, making home a better place.
- Consolidate Debts Into the Reverse Mortgage: Combine debts into a reverse mortgage to lower monthly bills.
- Covering Health Costs: Use home's value for medical expenses, even long-term care.
NOTE: Not all borrowers will qualify for a reverse mortgage. We recommend requesting your reverse mortgage quote to determine if you qualify and how much you might be able to access.
Connect with John Correll, CRMP to learn more about reverse mortgages.
John Correll, CRMP
Certified Reverse Mortgage Professional in California
(888) 603-1550
Reverse Mortgage Company Serving Anaheim, Orange County and all of California
Choosing the Right Reverse Mortgage Lender or Broker in California
This article reviews some of the key factors in selecting a reverse mortgage lender or broker in California. This guide simplifies the process, explaining what to consider when choosing a company to work with on a reverse mortgage from the loan officer, lender vs broker and what to look out for and avoid. Written from the prospective of a CRMP which stands for Certified Reverse Mortgage Professional.
Inflation in California and the Role of Reverse Mortgages
This article will explore ways a Reverse Mortgage in California may help combat the rising costs associated with inflation. Presented by John Correll, CRMP certified reverse mortgage professional in California.
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