Reverse Mortgage La Jolla

La Jolla Reverse Mortgages

   

Accurate Reverse Mortgage: La Jolla's Local Reverse Mortgage Specialist

Choose Accurate Reverse Mortgage as your local source for reverse mortgages in La Jolla, San Diego, and all over California - where personalized service matters.

  

Unlocking Home Equity: Understanding Reverse Mortgages in La Jolla, California.

   

In La Jolla and across California, property values have experienced remarkable appreciation over the past ten plus years.  The real estate boom has resulted in significant equity gains for many homeowners who've owned their home for an extended period. With today's inflationary forces making life on a fixed income extra challenging, more and more seniors and older homeowners are exploring reverse mortgages to access a portion of their home's value in La Jolla, San Diego & all of California. If you would like to connect with a seasoned specialist to assist you in navigating the world of reverse mortgages, you're in the right spot.  John Correll is not only a veteran of the mortgage industry with over 25 years experience, but he holds the designation of CRMP - which stands for Certified Reverse Mortgage SpecialistAccurate Reverse Mortgage Corp. is local within the San Diego area.  John is ready to engage in a meaningful conversation about your home equity options, whether you prefer a face-to-face meeting at our office or within the comfort of your own home - it all starts with a simple phone call.

   

Discover Your La Jolla Reverse Mortgage Opportunities

Call (619) 294-9820 to Learn More

Serving the entire state of California

La Jolla Reverse Mortgage Logo and Coastline

About La Jolla San Diego California

   

La Jolla is a neighborhood located within the city of San Diego, California.  La Jolla is world famous and is a coastal paradise known for its scenic beauty, upscale lifestyle, and cultural diversity. Nestled along the Pacific Ocean, this charming neighborhood boasts breathtaking beaches, dramatic cliffs, and a wealth of outdoor activities, from surfing and snorkeling to hiking and relaxing by the shore. La Jolla has an active arts scene, upscale shops, and some of the best dining options in San Diego.  With so much to offer, La Jolla is a sought-after destination for both residents and visitors looking to experience the Southern California coastal lifestyle.

Six popular things to see in La Jolla, California

  1. La Jolla Cove: Famous for its unique coastline, La Jolla Cove is a picturesque spot known for its crystal-clear waters, sea caves, and marine life. Visitors can enjoy snorkeling, scuba diving, or simply enjoying the beauty of the ocean.
  2. Birch Aquarium at Scripps Institution of Oceanography: This renowned aquarium offers diverse marine life and educational exhibits. Visitors can learn about ocean ecosystems, conservation efforts, and even get a glimpse of cutting-edge research.
  3. Torrey Pines State Natural Reserve: Outdoor enthusiasts can explore scenic trails that wind through this protected coastal wilderness area. The reserve features breathtaking views of the ocean, unique flora, and a chance to spot various bird species as well as stunning beaches.
  4. La Jolla Playhouse: World famous theater known for its diverse productions, the La Jolla Playhouse has a history of fostering new plays and musicals. 
  5. La Jolla Shores Beach: This beach is known for its wide sandy shores, gentle waves, and excellent swimming conditions. It's a perfect spot for sunbathing, beach games, and even learning to surf.
  6. Mt. Soledad Veterans Memorial: This iconic landmark offers some of the best and views in San Diego of the city and the coastline. The memorial honors veterans and provides a serene spot for reflection while enjoying sweeping vistas.

La Jolla Real Estate and Reverse Mortgages:

La Jolla with its high real estate values can offer some unique and dynamic opportunities for its older homeowners who want to tap part of their home's equity.  A Reverse Mortgage is a loan product that caters to retirees who want to access part of their property's equity while retaining ownership and living in the home they love. There are several types of reverse mortgage products available including a Jumbo Reverse Mortgage which offers loan amounts up to $4 million.  Whether you're situated in La Jolla, San Diego, or any corner of the state, we can assist you to explore the in's and out's of reverse mortgages so you can make a well-informed decision for yourself. John Correll is a true specialist in reverse mortgages and has earned the CRMP - Certified Reverse Mortgage Professional designation.  John can review your options on the phone and if you prefer come out to your house in La Jolla or anywhere in Southern California - or set an appointment at our central San Diego office location. Together, we can explore the realm of reverse mortgages and we invite you to call John at (619) 294-9820 or (888) 603-1550.

  

Reverse Mortgage Solutions for La Jolla and All of California

If you're an older homeowner residing in La Jolla or anywhere across California, there are a number of dynamic reverse mortgage loan products to examine. As a Reverse Mortgage Company headquartered in San Diego County, Accurate Reverse Mortgage Corp. is licensed and ready to provide services to meet the reverse mortgage needs of the entire great state of California. We encourage you to browse through these pages and explore for yourself the variety of reverse mortgage loan programs we offer.

Unlock More Home Equity: Explore Jumbo Reverse Mortgage Loans in La Jolla, California With Loan Amounts Up To $4 Million

Across California, including La Jolla, a considerable number of homes surpass HUD's limit for FHA-insured HECM reverse mortgages with their higher appraisals. On this page, we delve into the realm of Jumbo Reverse Mortgages, featuring loans extending up to $4 million

Exploring Home Equity Conversion Mortgage (HECM) - Reverse Mortgage Solutions in La Jolla and California.

This version of the reverse mortgage is the most popular and widespread reverse mortgage option. Check out this page to get insights into HECM - Home Equity Conversion Mortgage.

Explore a Dynamic and Versatile Reverse Mortgage Line of Credit in La Jolla and California.

If the borrower doesn't have an immediate need for funds upon loan closing, they have the choice to opt for a line of credit. Learn more about this unique loan choice which works similar to a traditional HELOC (home equity line-of-credit) but with some enhancements designed for retirement. 

Purchasing a Home with the Power of Reverse Mortgage: Revealing Reverse For Purchase in La Jolla and California.

With reverse for purchase, older homeowners have the opportunity to use a reverse mortgage to buy a new home. This home buying loan choice can allow them to relocate, downsize, or find a more suitable living environment while utilizing their home equity.

All of the above loan products and options are available across the entire state of California.

Top Reasons People Have Chosen a Jumbo Reverse Mortgage in La Jolla and California

Designed Specifically for owners of higher valued homes

 

Here is a list of many popular reasons why others have secured a Jumbo Reverse Mortgage for their retirement:

  

  • To eliminate required monthly mortgage payments on a traditional mortgage*
  • To have greater financial liquidity
  • To make home improvements or repairs
  • To cover medical or in-home care expenses
  • To buy a new home or investment property
  • To establish a trust fund
  • To pay off or consolidate other debts
  • To provide children with an early inheritance
  • To create college funds for grandchildren
  • To access funds without capital gains taxes **
  • To maintain their current lifestyle

   

* If you qualify and your loan is approved, a Reverse Mortgage must pay off your existing mortgage(s). With a Reverse Mortgage, no monthly mortgage payment is required. Borrowers are responsible for paying property taxes and homeowner’s insurance (which may be substantial). Borrowers must occupy home as their primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan also becomes due and payable when the last borrower dies, sells the home, permanently moves out, defaults on taxes and insurance payments, or does not otherwise comply with the loan terms. 

** Not tax or financial planning advice.  Capital gains taxes are only due upon a sale. A Reverse Mortgage is a loan, secured by a mortgage on your home, and does not require sale of the home. The proceeds of a loan are not taxable as income, consult your tax advisor and financial planner

   

 The reverse mortgage journey begins by having a discussion focused on your individual objectives and goals.

Together we can explore possible way for accessing some of your California home equity through a Reverse Mortgage.

 

(888) 603-1550  -   (619) 294-9820

  

California Certified Reverse Mortgage Professional John Correll CRMP

Why choose John Correll and Accurate Reverse Mortgage Corp.?

Experience the CRMP Difference

As a Certified Reverse Mortgage Professional (CRMP), I personally have committed myself exclusively to reverse mortgages and delivering an exceptional experience to every client.

San Diego Reverse Mortgage Company

John Correll is proud to serve the San Diego area and all of California. If you are looking to educate yourself on reverse mortgages, I'm here to help explore this dynamic loan choice tailored for older homeowners.

Over 25 Years Mortgage Experience

John Correll, CRMP began his mortgage lending career in 1995 and has a wealth of experience to help explain what can seem to be a complex home equity product in simple and easy to understand terms.

Ready to Learn More?

Request Your Personalized Reverse Mortgage Proposal Today!

John Correll, CRMP
Certified Reverse Mortgage Professional
NMLS #1004396, 2484031

CA Bur of Real Estate - Real Estate Broker #10353015, 02214678

Accurate Reverse Mortgage Corp.

(619) 294-9820
Toll Free (888) 603-1550
4025 Camino Del Rio South
Suite 321
San Diego, CA 92108

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Disclaimer

These materials are not from HUD or FHA and not approved by HUD or a government agency. Borrower is responsible for property taxes, homeowner’s insurance and property maintenance plus must continue to occupy home as their primary residence for loan to remain in good standing. Equal Housing Opportunity. Rates, Program, Fees, and Guidelines are subject to change without notice. Restrictions apply. Not a commitment to lend. Not all will qualify. Licensed to conduct business only in California. Accurate Reverse Mortgage Corp. 4025 Camino Del Rio South, Suite 321 San Diego, CA 92108. Licensed CA Bur of Real Estate – Real Estate Broker: Broker #02214678, 01353015. NMLS #2484031, 1004396