Reverse mortgages are not for everyone. However, in the right situation, they can be a great retirement tool. Our job is to understand your individual needs and concerns, and to help you determine if a reverse mortgage might be suitable in your particular circumstances.
Please take the time to browse through this website to learn more about Home Equity Conversion Mortgages (HECMs), the FHA insured reverse mortgage program for homeowners 62 and older, HECMs for purchasing a new home, and our other proprietary reverse mortgage products for homeowners 60 and older.My clients are located throughout Southern California.
Please take the time to browse through this website to learn more about Home Equity Conversion Mortgages (HECMs), the FHA insured reverse mortgage program for homeowners 62 and older, HECMs for purchasing a new home, and our other proprietary reverse mortgage products for homeowners 60 and older.My clients are located throughout Southern California.
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Over 1 million US homeowners age 62 and over have already taken advantage of Home Equity Conversion Mortgages (HECMs), also known as government-insured reverse mortgage loans, to enjoy a more secure and comfortable retirement. Imagine living in your home without a traditional monthly mortgage payment, or instead, enjoying monthly loan proceeds from the years you've invested in your home.
A reverse mortgage allows you to draw from the value in your home without having to sell it. You live in a home that you've watched increase in value for years. You find it difficult keeping up with bills and healthcare expenses. You're faced with a dilemma: sell the house-your home, which really doesn't have a price tag-or continue to live in it and watch your financial burden increase.
There are many misconceptions about reverse mortgages, so it is important to know the facts. A reverse mortgage, or HECM (Home Equity Conversion Mortgage) is a federally insured loan that allows you to tap into the equity you have built up in your home. A borrower may designate an heir of their choosing.
HECM (pronounced HEKUM) is the commonly used acronym for a Home Equity Conversion Mortgage, a reverse mortgage created by and regulated by the U.S. Department of Housing and Urban Development. A HECM is not a government loan. It is a loan issued by a mortgage lender, but insured by the Federal Housing Administration, which is part of HUD.
Proprietary reverse mortgages are privately insured by the mortgage companies that offer them. They are not subject to all the same regulations as HECMs, but as a standard best practice, most companies that offer proprietary reverse mortgages emulate the same consumer protections that are found in the HECM program, including mandatory counseling.
Reviews (10)
Joseph Maciejewski
Aug 22, 2021
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Brian Westbrook
Jul 16, 2021
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Craig was recommended by several friends and family. They said he would work his hardest to provide everything we wanted and needed to get our refi done in a timely manner and stress free-he did exactly that and there wasn’t a time you couldn’t call him; he was available at all times and answered all questions and explained everything so you would understand it, my mother and I thank him and appreciate his awesome hard work! And will be using him in the future!!
Sue Langley
Jul 02, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
Craig worked tirelessly to help us. We benefitted so much from his 30 years of experience. He patiently answered all of our questions and he was quick to respond. My husband and I are so grateful that we used Craig to refinance our home. Now we look forward to using Craig to do a reverse mortgage when we are 62 years old.
Craig worked tirelessly to help us. We benefitted so much from his 30 years of experience. He patiently answered all of our questions and he was quick to respond. My husband and I are so grateful that we used Craig to refinance our home. Now we look forward to using Craig to do a reverse mortgage when we are 62 years old.
Sandip Singh
Jun 24, 2021
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Gary Wentz
Jun 21, 2021
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Susie Lecompte
May 18, 2021
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Positive: Professionalism, Quality, Responsiveness, Value
We had a unique set of circumstances but Craig helped us work through them to obtain our reverse mortgage. He worked tirelessly on our case & was available to answer all of our questions. He’s truly dedicated to assisting ones toward their goals of retiring comfortably!
We had a unique set of circumstances but Craig helped us work through them to obtain our reverse mortgage. He worked tirelessly on our case & was available to answer all of our questions. He’s truly dedicated to assisting ones toward their goals of retiring comfortably!
Michael Grinager
Jul 06, 2019
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Gurdip Singh
Jun 28, 2019
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Eren Velazquez
May 05, 2019
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I really appreciate everything Craig did for me. He was pleasant to work with especially after having a bad experience with another financial institution. Craig was very friendly and courteous throughout the process. He went above and beyond to help me with my situation. I am very happy & satisfied with the outcome. Wouldn’t hesitate to recommend Craig to others. Thank you!
Donna Gibb
Aug 12, 2018
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Speed was very important to me after losing our home in a wildfire. Craig was very efficient and helped us close on our new house in less than 30 days. He was frequently in contact and available to discuss all the various loan options available to us. I liked the ability to sign things electronically.
