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Looking for a reverse mortgage specialist in Burlingame? Review the directory below to compare your options.
16 agents listed
Updated May 2026
Burlingame, CA
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 16 reverse mortgage specialists in Burlingame, 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.
General Mortgage Capital Corporation - Burlingame
1350 Old Bayshore Hwy #740, Burlingame, CA 94010
6503407400
Premier Lending, Inc
1199 Howard Ave #200, Burlingame, CA 94010
6505791000
Joanne Shen
1350 Old Bayshore Hwy #740, Burlingame, CA 94010
4088964588
California Real Estate Loans
851 Burlway Rd Suite 511, Burlingame, CA 94010
6503424466
Action Residential Mortgage + Property Management
1466 Bellevue Ave #27, Burlingame, CA 94010
6508644966
New American Funding - Alberto Zamudio
800 Airport Blvd. suite 417, Burlingame, CA 94010
6503151116
Divorce Mortgage Advisors
840 Hinckley Rd # 150, Burlingame, CA 94010
6502930016
New American Funding - Troy Village
800 Airport Blvd. #417, Burlingame, CA 94010
6507537958
New American Funding - Conrado Perez
800 Airport Blvd. #417, Burlingame, CA 94010
6693411857
Bob Stamatatos
1290 Howard Ave Suite 323, Burlingame, CA 94010
6503486171
Spencer Mahlstedt
1290 Howard Ave Suite 323, Burlingame, CA 94010
4157958771
Wachter Investments Inc
49 Park Rd, Burlingame, CA 94010
6503487191
New American Funding - Burlingame, CA
800 Airport Blvd. #417, Burlingame, CA 94010
6506423810
Margeate Work - Work & Associates Home Loans
1350 Old Bayshore Hwy Ste. 520, Burlingame, CA 94010
9168473090
Nu Level Equity/ Dayana Cervantes
1818 Gilbreth Rd Suite 126, Burlingame, CA 94010
4152715322
Caleb Ng, Mortgage Broker
1350 Old Bayshore Hwy #740, Burlingame, CA 94010
4153789563
Reverse mortgage specialists in Burlingame help homeowners aged 62 and older convert part of their home equity into tax-free funds without selling their home. California law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage HECM. Burlingame residents often use these loans to supplement retirement income or cover healthcare costs while staying in their homes.
What Does a Reverse Mortgage Specialist in Burlingame Cost?
Typical costs for a reverse mortgage specialist in California include an origination fee of up to 2 percent of the first 200000 dollars of home value plus 1 percent of the amount above 200000. Closing costs usually range from 2000 to 5000 dollars and include appraisal title insurance and recording fees. The upfront mortgage insurance premium is 2 percent of the appraised value and annual premiums are 0.5 percent. Costs vary by lender loan amount and property value. 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 qualifications does a reverse mortgage specialist in Burlingame need?
A reverse mortgage specialist in Burlingame must hold a California mortgage loan originator license and complete annual continuing education. They must also follow federal HUD rules for HECM loans and cannot make false promises about loan terms.
Are there California specific protections for reverse mortgage borrowers?
Yes California has a mandatory three day right of rescission after signing loan documents. Borrowers must also attend a HUD approved counseling session before the loan can close. The state prohibits lenders from requiring borrowers to buy other financial products like annuities.
How does property tax affect a reverse mortgage in Burlingame?
Burlingame homeowners must continue paying property taxes and homeowners insurance while the reverse mortgage is active. Failure to pay taxes can lead to loan default and foreclosure. California Proposition 13 limits annual property tax increases which helps keep costs stable for borrowers.
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About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the California.