ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Looking for a reverse mortgage specialist in Richmond? Review the directory below to compare your options.
5 agents listed
Updated May 2026
Richmond, 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 5 reverse mortgage specialists in Richmond, 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.
Griselda's Ledesma Mortgage Team
12553 San Pablo Ave, Richmond, CA 94805
5107587600
American Financial Network, Inc.
3260 Blume Dr #405, Richmond, CA 94806
5103235879
AmeriVerse Reverse Mortgage
3260 Blume Dr #410B, Richmond, CA 94806
5103358820
Jadestone Mortgage, Inc.
3260 Blume Dr # 410, Richmond, CA 94806
5102228840
Classique Mortgage
3150 Hilltop Mall Rd Suite 6, Richmond, CA 94806
5106852760
A reverse mortgage specialist in Richmond, California helps homeowners aged 62 and older access home equity without monthly payments. California law requires all reverse mortgage lenders to provide consumer counseling from a HUD-approved agency before loan approval. Richmond residents can use these loans to supplement retirement income or cover home repairs while staying in their homes.
What Does a Reverse Mortgage Specialist in Richmond Cost?
Typical costs for a reverse mortgage specialist in California include an origination fee of up to $6,000, a mortgage insurance premium of 2% of the home value, and third-party fees like appraisal and title search ranging from $500 to $1,500. Closing costs usually total between $2,000 and $8,000. These costs can be 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 are the age requirements for a reverse mortgage in Richmond California?
You must be at least 62 years old to qualify for a Home Equity Conversion Mortgage (HECM) in California. All borrowers on the title must meet this age requirement. The property must be your primary residence.
Are reverse mortgage proceeds taxable in California?
No, reverse mortgage proceeds are not considered income for state or federal tax purposes in California. However, interest may be deductible when you sell the home. Always consult a tax professional for your specific situation.
What happens to the reverse mortgage if I move out of Richmond?
If you move out of your Richmond home for more than 12 consecutive months due to health or other reasons, the loan becomes due. California law gives you a 6-month grace period to sell the home or pay the balance before foreclosure proceedings begin.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Richmond who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the California.