Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the California before hiring.
Showing 13 reverse mortgage specialists in Beverly Hills, CA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Most Home Loans
369 S Doheny Dr Suite 506, Beverly Hills, CA 90211
3235235104
American Mortgage Finance
8671 Wilshire Blvd # 714, Beverly Hills, CA 90211
3107797818
Greenday Mortgage Inc.
8383 Wilshire Blvd # 355, Beverly Hills, CA 90211
8009425460
Cohen Financial Group - Mortgage Broker
9665 Wilshire Blvd Suite 260, Beverly Hills, CA 90212
3107775401
Insignia Mortgage
9665 Wilshire Blvd Suite M50, Beverly Hills, CA 90212
3108590488
Change Home Mortgage BH
421 N Beverly Dr #280, Beverly Hills, CA 90210
3102546506
Approve Los Angeles
170 S Beverly Dr #304, Beverly Hills, CA 90212
3233837991
Kind Home Loans
9440 Santa Monica Blvd Suite 301, Beverly Hills, CA 90210
3104648494
Beverly Hills Mortgage - C2 Financial Corp #1 In Nation! We Funded over 3Billion
9350 Wilshire Blvd suite 203, Beverly Hills, CA 90212
3102911601
Entertainment Mortgage: Jean Gallagher, Mortgage Broker
9100 Wilshire Blvd #725E, Beverly Hills, CA 90212
3104298070
Centek Capital Group
East Tower, 9100 Wilshire Blvd #275, Beverly Hills, CA 90212
3102753202
Beverly Hills Financial Group, Inc
190 N Canon Dr #304, Beverly Hills, CA 90210
3107217667
Official Mortgage
9100 Wilshire Blvd #725E, Beverly Hills, CA 90212
8885633137
What Does a Reverse Mortgage Specialist in Beverly Hills Cost?
Typical costs for a reverse mortgage specialist in California include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Third-party costs such as appraisal title insurance and recording fees range from 2000 to 5000 dollars. The upfront mortgage insurance premium is 2 percent of the appraised value. These costs are usually financed into the loan rather than paid out of pocket. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What qualifications should a reverse mortgage specialist in Beverly Hills have?
A qualified specialist should hold a valid California mortgage loan originator license and have specific experience with HECM loans. They must follow federal and state regulations including California Civil Code Section 1923 which governs reverse mortgage disclosures. Look for specialists who are members of the National Reverse Mortgage Lenders Association NRMLA.
Are reverse mortgages regulated differently in California?
Yes California has additional protections under the California Reverse Mortgage Elder Protection Act. This law requires a three-day right of rescission after loan closing and mandates that lenders provide a list of five HUD-approved counseling agencies. Borrowers must also receive a disclosure stating that a reverse mortgage is not a government benefit.
Can a reverse mortgage be used on a Beverly Hills condominium or co-op?
Yes but the property must meet FHA eligibility requirements. For condominiums the entire complex must be FHA-approved. Co-ops are generally not eligible for HECM reverse mortgages unless they meet specific criteria. A specialist can verify if a specific Beverly Hills property qualifies under current FHA guidelines.