HECM Reverse Mortgage
The FHA-insured standard reverse mortgage — the most widely used program in the country. Receive funds as a lump sum, monthly payments, a line of credit, or a combination, with no monthly mortgage payments required.
Fresno County, CA
Fresno County homeowners 55+ have built solid equity in California's Central Valley. David Simon helps you access it — with no monthly mortgage payments and honest, personal guidance.
Fresno County — including the city of Fresno, Clovis, Sanger, and the surrounding Central Valley communities — has seen steady home value growth over the past decade. For homeowners 62 and older who have owned their homes for years, that equity can be converted into tax-free funds through a reverse mortgage without selling or making monthly payments.
David Simon is a licensed reverse mortgage specialist who works with Central Valley homeowners to evaluate their options clearly and without pressure. He understands that Fresno homeowners have different financial profiles than coastal California residents — and he tailors his guidance accordingly.
Fresno's more affordable home values compared to coastal markets mean that many homeowners have significant equity relative to their remaining mortgage balance — often making them strong candidates for a reverse mortgage that can meaningfully improve retirement cash flow.
The FHA-insured standard reverse mortgage — the most widely used program in the country. Receive funds as a lump sum, monthly payments, a line of credit, or a combination, with no monthly mortgage payments required.
A flexible credit line that grows over time, giving Fresno homeowners a financial cushion for healthcare costs, home repairs, or supplemental retirement income whenever it's needed.
California's Reverse 55+ program allows eligible homeowners as young as 55 to access home equity — a valuable option for Fresno County residents who want earlier access to their equity.
Looking to downsize or relocate within Fresno County? The HECM for Purchase lets you buy a new primary residence using a reverse mortgage with no monthly mortgage payments required.
David Simon has spent over 40 years in the financial industry — the last nearly 10 helping people understand and obtain the best mortgage for their particular circumstances. He explains every program in plain language and answers every question thoroughly. He never pushes clients to move forward — once he has educated them and laid out all their options, they make the decision to move forward or not.
Because David works with multiple lenders, he can compare programs and terms to find the best fit for your situation — whether your Fresno home is valued at $300,000 or $700,000.
David Simon
Reverse Mortgage Specialist
A reverse mortgage does not transfer ownership. You keep the title and can stay in your home as long as you maintain it and pay property taxes and insurance.
The loan balance grows over time and is repaid when you sell, move out, or pass away. There are no required monthly principal or interest payments during the life of the loan.
Before closing on a HECM, you'll complete a brief session with an independent HUD-approved housing counselor — a consumer protection that ensures you fully understand the program.
Your heirs will never owe more than the home's value at repayment. If the loan balance exceeds the home's value, FHA insurance covers the difference — not your family.
Fresno County homeowners have worked hard to build equity in the Central Valley. Let's talk about how a reverse mortgage can help you put that equity to work in retirement.
Schedule Your Free ConsultationGet In Touch
Reach out today for a no-obligation consultation. David will walk you through your options and help you determine the best path forward.
David Simon
Sr. Loan Officer & Reverse Mortgage Specialist
NMLS #1521694 | CABRE #02040832
Cell
(818) 232-1171
[email protected]
Office
Secured Capital Funding
17662 Irvine Blvd. Suite 6
Tustin, CA 92780
NMLS #1649122 | CABRE #01220151
"The highest compliment you can pay me is a referral to your family and friends."