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Compare Reverse Mortgage Specialists in Redwood City, CA

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

3 agents listed
Updated May 2026
Redwood City, 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 Redwood City, 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.
IMAD CANAVATI - C2 Financial Corporation
Redwood City, CA 94065
6503025014
UMAX Mortgage
2000 Broadway, Redwood City, CA 94063
8005498888
American Coast Mortgage
961 Woodside Rd ste d, Redwood City, CA 94061
6503652144

A reverse mortgage specialist in Redwood City can help homeowners aged 62 and older access their home equity without monthly payments. California law requires borrowers to complete a counseling session with a HUD-approved counselor before obtaining a reverse mortgage. Redwood City residents often use these loans to supplement retirement income or pay for home improvements.

What Does a Reverse Mortgage Specialist in Redwood City Cost?

Typical costs for a reverse mortgage specialist in California include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Appraisal fees range from 400 to 800 dollars and counseling fees are about 125 dollars. Closing costs and mortgage insurance premiums also apply. Total upfront costs often range from 3000 to 8000 dollars. 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 Redwood City do?
A specialist guides homeowners through the reverse mortgage process including eligibility requirements and loan options. They explain how the loan works under California law and help you compare lenders. They do not provide financial advice but can clarify program rules.
Are there California-specific rules for reverse mortgages?
Yes California requires a mandatory counseling session with a HUD-approved counselor before you can apply. The state also limits the amount you can borrow based on your age and home value. Lenders must provide clear disclosures about fees and repayment terms.