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 4 reverse mortgage specialists in La Habra, 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.
California Home Loans
721 W Whittier Blvd STE O, La Habra, CA 90631
5623282994
Maidstone Mortgage, Inc
1901 E Lambert Rd ste 203-t, La Habra, CA 90631
5626190785
Smart Funding Group Inc
1901 E Lambert Rd Suite 108, La Habra, CA 90631
8887340462
Gemini Financial - Kevin Brown
1561 W Whittier Blvd, La Habra, CA 90631
8777784479
What Does a Reverse Mortgage Specialist in La Habra Cost?
Typical costs for a reverse mortgage in California include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and recording. Total closing costs often range from 3,000 to 8,000 dollars. These costs are usually 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 La Habra?
Borrowers must be at least 62 years old. All homeowners listed on the title must meet this age requirement. The home must be the primary residence.
Do I need counseling before getting a reverse mortgage in California?
Yes, California law requires you to complete a counseling session with a HUD-approved counselor. This session must happen before you submit a loan application. The counselor will explain costs, risks, and alternatives.
Can I lose my home with a reverse mortgage in La Habra?
You can lose the home if you fail to pay property taxes, homeowners insurance, or maintain the property. California law gives a 90-day notice period before foreclosure proceedings can begin.