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Looking for a reverse mortgage specialist in Hermosa Beach? Review the directory below to compare your options.
7 agents listed
Updated May 2026
Hermosa Beach, 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 7 reverse mortgage specialists in Hermosa Beach, 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.
Fairway Independent Mortgage Corporation
200 Pier Ave Suite 133 & 134, Hermosa Beach, CA 90254
5086799884
Peter Cannon | Fairway Independent Mortgage Corporation Co-Branch Manager
200 Pier Ave Suite 133 & 134, Hermosa Beach, CA 90254
4243438551
Bryan Ford Mortgage Solutions
444 Hermosa Ave APT 101, Hermosa Beach, CA 90254
2136326692
Miia Mobley-Loan Officer
200 Pier Ave Suite 133 &134, Hermosa Beach, CA 90254
8586038946
Sofi Local
1221 Hermosa Ave, Hermosa Beach, CA 90254
7472228579
1st Los Angeles Mortgage Corporation
2615 Pacific Coast Hwy #200, Hermosa Beach, CA 90254
3109374220
Golden Years Mortgage Solutions
111 Pier Ave #111, Hermosa Beach, CA 90254
8006300650
A reverse mortgage specialist in Hermosa Beach can help homeowners aged 62 and older convert home equity into tax free funds. California law requires borrowers to complete HUD approved counseling before applying for a Home Equity Conversion Mortgage. Local specialists understand the coastal Hermosa Beach real estate market and can explain how property values affect loan amounts.
What Does a Reverse Mortgage Specialist in Hermosa Beach Cost?
Reverse mortgage costs in California typically include an origination fee of up to 2 percent of the first 200 thousand dollars of the home value plus 1 percent of the amount above 200 thousand. Upfront mortgage insurance premiums are 2 percent of the appraised value. Third party costs such as appraisal and title fees usually range from 2 thousand to 5 thousand dollars. Annual servicing fees are capped at 35 dollars per month. 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 are the age requirements for a reverse mortgage in Hermosa Beach?
Borrowers must be at least 62 years old. If married and one spouse is under 62, a non borrowing spouse may still remain in the home after the borrowing spouse passes away under HUD rules updated in 2014.
Do I need to own my home free and clear to qualify in California?
No, you do not need to own the home free and clear. However, any existing mortgage must be paid off with the reverse mortgage proceeds. California law requires that the loan amount covers existing liens first.
What happens to the loan when I move out or pass away?
The loan becomes due when the last borrower permanently leaves the home or passes away. Heirs have 30 days to decide to pay off the loan or sell the home. California law gives heirs an additional 6 month extension if needed.
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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.