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 11 reverse mortgage specialists in Reedley, 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.
Veronica Barragan Home Loan Group / Gold Standard Mortgage
935 G St, Reedley, CA 93654
5596383338
Denise Milton at CrossCountry Mortgage
1011 G St Suite 10, Reedley, CA 93654
5593075996
Maciel Mortgage
344 E Dinuba Ave ste b, Reedley, CA 93654
5596370011
Alfonso and Cynthia Solis Mortgage Consultants
1060 G St, Reedley, CA 93654
5593518738
Aleman Mortgage Company
641 W North Ave, Reedley, CA 93654
5596385126
YPN Mortgage Loans and Marketing Agency
1522 River Bluff Dr, Reedley, CA 93654
5592056940
Golden Valley Mortgage
344B E Dinuba Ave, Reedley, CA 93654
5596370011
Chase Mortgage
1000 G St, Reedley, CA 93654
5596386345
Jeff Nermon at CrossCountry Mortgage
1011 G St Suite 10, Reedley, CA 93654
5596432131
Guild Mortgage Co
1158 G St #101, Reedley, CA 93654
5597437536
UverLoans – Icon Lending
935 G St, Reedley, CA 93654
5596395626
What Does a Reverse Mortgage Specialist in Reedley 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 such as appraisal and title search. Total closing costs often range from 3,000 to 8,000 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 are the age requirements for a reverse mortgage in Reedley?
Borrowers must be at least 62 years old. If married, the younger spouse must also meet this age requirement. California law does not allow exceptions to this federal rule.
Do I need to own my home free and clear to qualify?
No, you can have an existing mortgage. The reverse mortgage must be used to pay off any current lien. You must also have sufficient equity, typically at least 50 percent of the home value.
What happens if I move out of my Reedley home?
If you move out for more than 12 consecutive months, the loan becomes due and payable. This includes moving to a nursing home or assisted living facility. California law requires lenders to provide a deferral period for non-borrowing spouses in some cases.