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 12 reverse mortgage specialists in Brea, 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.
American Financial Network, Inc.
10 Pointe Dr #330, Brea, CA 92821
7148314000
Mutual Home Mortgage
500 S Kraemer Blvd Suite 165, Brea, CA 92821
9492503981
Joshua Sun Loans
210 W Birch St #201, Brea, CA 92821
6575779124
DirectMyLoan
10 Pointe Dr #330, Brea, CA 92821
9498686704
PrimeLending, A PlainsCapital Company - Irvine Spectrum - Brea
3 Pointe Dr Suite 102, Brea, CA 92821
7147842600
Moretgage
500 S Kraemer Blvd Suite 265, Brea, CA 92821
8003814571
LendingRush: Rush Shah, Mortgage Lender NMLS #1171655
595 W Lambert Rd Suite 109, Brea, CA 92821
7148048109
Blue Financial Group
210 W Birch St #201, Brea, CA 92821
7145294300
Viewpoint Lending
3030 Saturn St Suite 202, Brea, CA 92821
5623214719
A Team Lending
3350 E Birch St, Brea, CA 92821
7144870400
Barrons Mortgage Corporation
1280 W Lambert Rd #F1, Brea, CA 92821
7142550065
Oak Knoll Lending
595 W Lambert Rd Suite 109, Brea, CA 92821
8556255665
What Does a Reverse Mortgage Specialist in Brea Cost?
Typical costs for a reverse mortgage in California include an origination fee up to 2.5% of the home value, a mortgage insurance premium of 2% of the appraised value, and third-party fees like appraisal and title insurance. For a home valued at 500,000 dollars, total closing costs often range from 8,000 to 15,000 dollars. These costs can be financed into the loan. This is general information, 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 are the age requirements for a reverse mortgage in Brea?
Borrowers must be at least 62 years old. If married, the younger spouse must also meet the age requirement to be on the loan. California law follows federal HECM rules for age eligibility.
Do I need counseling before getting a reverse mortgage in California?
Yes, California law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session covers loan terms, costs, and alternatives. The counselor must be independent from the lender.
Can a reverse mortgage be foreclosed in Brea?
Yes, if the borrower fails to pay property taxes or homeowners insurance, or does not maintain the home as a primary residence. California law provides a notice period and right to cure before foreclosure proceeds.