California Reverse Mortgages
Serving Clients Throughout California!
No Monthly Mortgage Payments | These Funds Are Tax-Free Use The Funds How You Wish
Serving Clients Throughout California!
YOUR RETIREMENT OPTIONS
We currently offer a number of loan programs for those interested in a reverse mortgage. Our most popular program is the HECM or Home Equity Conversion Mortgage. This loan allows seniors to borrow against the equity in their homes and access the money tax-free.
There are also other loan programs that might interest you including the Reverse Mortgage for 55+, the HECM Line of Credit, and the Jumbo Reverse Mortgage. I will be happy to discuss these programs with you and help you find the best one for your needs.
Medical Expenses
A reverse mortgage can help you get the money you need to stay on top of your medical bills.
Dream Vacations
With a reverse mortgage, you can take that dream vacation. Enjoy places you haven't been to before.
Payoff Debt
Seniors can tap into their home equity to pay off their debts & enjoy their retirement debt free.
Retirement Income
A reverse mortgage can help you fund your retirement years with additional income and less stress.
Refinance
Use a reverse mortgage to help get your finances under control and obtain more cash to use.
New Purchase
Reverse mortgages are more flexible than you think. You can even use one purchase a new home.
David Simon
Sr. Loan Officer - Reverse Mortgage Specialist
Cell: (818) 232-1171
email: [email protected]
NMLS #1521694 CABRE #02040832
Secured Capital Funding
17662 Irvine Blvd. Suite 6
Tustin, Ca 92780
NMLS #1649122 CABRE #01220151
How I Can Help
I have been helping clients obtain the best option possible for reverse mortgages for many years.
I specialize in helping seniors, from those whose homes were in foreclosure, to wealthy clients who want to include the equity of their home in their financial planning scenario. I am happy to speak with family, trusted friends, attorneys, financial planners, or anyone you would like involved.
When I work with a client, I ensure that they fully understand and approve all aspects of the loan and process. As I work with many lenders, I can get the best rates and offer the lowest cost possible.
YOUR RETIREMENT OPTIONS
HECM Reverse Mortgage
This government-insured program allows you to make use of the equity in your home in any way that you like without having sell the home you love.
HECM Line Of Credit or HECM Second
These Loans Provide seniors with a convenient option of accessing their funds. Take out as little or as much as you like with the flexibility of a line of credit, while maintaining your current low interest 1st mortgage.
HECM For Purchase
Use the proceeds from a reverse mortgage to purchase a new home! There are no limits on what you can do with the money.
Jumbo Reverse Mortgage
Perfect for seniors with higher value homes who want to access more cash than the conventional HECM Reverse mortgage.
Reverse Mortgage For 55+
With this innovative loan program, you no longer need to be 62 and over to qualify. The new age requirement for this proprietary reverse has now dropped to 55.
I am an expert in the industry
This program is insured by the FHA and enables a senior homeowner (62+) to take a part of their homes equity to use for anything they need. Unlike traditional home loans that you begin paying back soon after your loan closes, a reverse mortgage doesn’t have to be repaid until you leave your home or do not comply with all loan terms. You must continue to maintain your property as well as pay property taxes and homeowners insurance.
In addition to having no monthly mortgage payments, you will receive tax-free proceeds from your reverse mortgage loan, and you can choose how you receive them.
How Much Money Could You Qualify For?
Your Age:
The age of the youngest borrower or eligible non-borrowing spouse — the older you are, the more funds may be available
Your Home’s Value:
Subject to an appraisal, a rise in your home’s value could increase the amount of your home equity and make more funds available
Interest Rate:
Fixed and adjustable rate options are available - the lower the interest rate and margin on your loan, the more funds may be available
Call or email today for your free loan consultation
David Simon
Sr. Loan Officer
Phone # (818) 232-1171
Email : [email protected]
NMLS #1521694 CABRE #02040832
Secured Capital Funding
17662 Irvine Blvd. Suite 6
Tustin, Ca 92780
NMLS #1649122 CABRE #01220151
Testimonials
STRONGLY RECOMMENDED David is knowledgeable, responsive and fast. He answered our many questions, stayed in constant contact with us throughout the whole process. We are highly satisfied with our experience and very pleased with the outcome and level of customer service that he provided. We strongly recommend David for any of your loan needs.
Fantastic, thoughtful and helpful David was a great support through our process, it was always a pleasure to speak to him and he went above and beyond to give us the support and insight we really needed I can say without hesitation that anyone who is looking to finance their home would be lucky to have him in their corner.
My experience with working with David was amazing! He took the hardest situation and made it possible. He tells it like it is and breaks everything down for you. Always looking out for our best interest. He goes above and beyond his duties. He genuinely cares about his clients. We will always be grateful to David.
