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Find Reverse Mortgage Specialists in Monrovia, CA

Compare reverse mortgage specialists in Monrovia. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Monrovia, 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 3 reverse mortgage specialists in Monrovia, 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.
Barrett Financial Group, L.L.C.
222 E Foothill Blvd, Monrovia, CA 91016
6262165361
Chase Home Lending
102 W Foothill Blvd, Monrovia, CA 91016
6265893881
Old Town Mortgage
50 W Lemon Ave #1, Monrovia, CA 91016
6263037777

A reverse mortgage specialist in Monrovia California helps homeowners aged 62 and older access home equity without monthly payments. California law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Monrovia residents can use these funds for home repairs, healthcare, or other needs while remaining in their homes.

What Does a Reverse Mortgage Specialist in Monrovia Cost?

Typical costs for a reverse mortgage specialist in California include an origination fee of up to 6000 dollars, a mortgage insurance premium of 2 percent of the home value upfront, and annual premiums of 0.5 percent. Appraisal fees range from 400 to 800 dollars, and other closing costs may add 1000 to 3000 dollars. Costs vary by loan type 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 does a reverse mortgage specialist in Monrovia do?
A reverse mortgage specialist guides you through the HECM process, explains eligibility rules, and helps you compare loan options. They ensure you meet California counseling requirements and understand how the loan affects your home equity and estate.
What are the California requirements for a reverse mortgage?
California law mandates that borrowers be at least 62 years old, own their home outright or have a low mortgage balance, and complete a counseling session with a HUD-approved agency. The property must be your primary residence.