Skip to main content

Compare Reverse Mortgage Specialists in Marina Del Rey, CA

Browse reverse mortgage specialists serving Marina Del Rey, California. Contact information and addresses listed below.

2 agents listed
Updated May 2026
Marina Del Rey, 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 2 reverse mortgage specialists in Marina Del Rey, 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.
Save Financial - Home Mortgage Lender & Hard Money Loans
13763 Fiji Way Eu2, Marina Del Rey, CA 90292
8887031840
Queen Bee Brokers
333 Washington Blvd #469, Marina Del Rey, CA 90292
3108773800

Reverse mortgage specialists in Marina Del Rey, California help homeowners aged 62 and older convert home equity into tax-free funds. California law requires that all reverse mortgage lenders provide a mandatory counseling session with a HUD-approved counselor before loan approval. Marina Del Rey residents often use these loans to supplement retirement income or pay for home improvements while staying in their homes.

What Does a Reverse Mortgage Specialist in Marina Del Rey Cost?

In California, reverse mortgage specialist fees are not set by law and vary by lender. Typical costs include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent upfront and 0.5 percent annually, appraisal fees between 400 and 800 dollars, and closing costs from 2,000 to 5,000 dollars. These costs are usually financed into the loan. 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 is a reverse mortgage specialist in Marina Del Rey?
A reverse mortgage specialist is a licensed professional who guides seniors through the process of obtaining a Home Equity Conversion Mortgage (HECM). They explain loan terms, costs, and eligibility requirements specific to California. In Marina Del Rey, they help clients understand how the loan affects property taxes and estate planning.
Are there California-specific rules for reverse mortgages?
Yes, California requires a three-day right of rescission after loan closing, allowing borrowers to cancel without penalty. California also mandates that lenders provide a disclosure statement outlining all fees and interest rates. Additionally, borrowers must attend a HUD-approved counseling session before the loan can proceed.
What costs are involved with a reverse mortgage in California?
Typical costs include an origination fee (up to 2% of the home value), mortgage insurance premiums (2% upfront and 0.5% annually), appraisal fees (around 400 to 800 dollars), and closing costs (2,000 to 5,000 dollars). These costs are usually rolled into the loan balance. California law does not cap these fees, so borrowers should compare offers from multiple lenders.