|
Welcome to Bay Area Reverse Mortgage
Financial Solutions for Senior Homeowners
|
Bay Area Reverse Mortgage, the Bay Area’s leading reverse mortgage broker helps senior homeowners create a retirement free from worry.
With the high cost of living in the Bay Area, a reverse mortgage can help financially challenged senior homeowners get tax-free retirement income for medical bills, living expenses, home repairs and special purchases.
A reverse mortgage, or Home Equity Conversion Mortgage (HECM)
- Is a federally regulated loan program, only for senior homeowners.
- Liquidates a portion of the equity in the home and converts it to cash.
- Allows the senior to receive money in a variety of methods including a lump sum, line of credit, monthly payment or combination of methods.
- Lets the senior remain in their home without having to repay the loan during their lifetime.
There are also other loan products for higher value homes, called Jumbo loans that enable seniors to convert more of the equity in their homes into cash.
THE BAY AREA REVERSE MORTGAGE DIFFERENCE
- We’re a broker focused exclusively on reverse mortgages and the unique financial needs of seniors.
- We’re committed to providing patient and professional reverse mortgage service to the senior community.
- Unlike direct lenders, we have access to products from nearly all of the major reverse mortgage lenders, allowing us to offer the "best of breed" products on the market to our clients
- We are a part of the Holmgren & Associates family, one of the Bay Area's premier real estate finance groups, giving our clients access to the wide array of traditional "forward" mortgage products.
- Our loan consultants have a combined 75 years of experience in real estate finance
|
|
