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.
Irvine, CA
Reverse Mortgages for Irvine Homeowners
Irvine homeowners 55+ have built significant equity in one of California's most planned and desirable communities. David Simon helps you access that equity — with no monthly mortgage payments and no pressure.
Irvine's Home Equity Opportunity
Irvine is consistently ranked among the safest and most livable cities in the United States, and its real estate market reflects that reputation. Homeowners who purchased in Irvine's master-planned communities — Woodbridge, Turtle Rock, Northwood, Quail Hill, and others — have seen steady, sustained appreciation over the past two decades. For residents 62 and older, that equity can be converted into tax-free funds through a reverse mortgage without selling or making monthly mortgage payments.
David Simon is a licensed reverse mortgage specialist who works with Irvine homeowners to evaluate their options clearly and without pressure. He takes the time to understand your full financial picture before recommending any program — and if a reverse mortgage isn't the right fit, he'll tell you.
Irvine's higher home values — particularly in communities like Shady Canyon, Turtle Ridge, and Quail Hill — often qualify for jumbo reverse mortgage programs that go beyond the FHA lending limit, unlocking significantly more equity than a standard HECM. David works with both HECM and proprietary jumbo programs to find the right fit for your home.
Reverse Mortgage Programs Available in Irvine
Jumbo Reverse Mortgage
For Irvine homes valued above the FHA lending limit — common in Shady Canyon, Turtle Ridge, and Quail Hill — proprietary jumbo reverse mortgages can unlock significantly more equity than a standard HECM.
HECM Line of Credit
A flexible credit line that grows over time, giving Irvine homeowners a financial cushion for healthcare costs, home improvements, or supplemental retirement income whenever it's needed.
Reverse 55+ Program
California's Reverse 55+ program allows eligible homeowners as young as 55 to access home equity — a valuable option for Irvine residents who want earlier access to their equity before reaching 62.
Honest Guidance for Irvine Homeowners
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 — including those offering jumbo proprietary programs — he can compare options across the full market to find the best fit for your Irvine home, whether it's in a mid-range Northwood neighborhood or a high-value community in Shady Canyon.
David Simon
Reverse Mortgage Specialist
What Irvine Homeowners Should Know
You remain the homeowner
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.
No monthly mortgage payments required
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.
HUD counseling is required
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.
Non-recourse protection
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.
Frequently Asked Questions — Irvine Reverse Mortgages
Talk through your options with David Simon
Irvine homeowners have built exceptional equity in one of California's most desirable communities. Let's talk about how a reverse mortgage — including jumbo programs for higher-value homes — can help you put that equity to work in retirement.
Schedule Your Free ConsultationGet In Touch
Call Or Email Today For Your Free Loan Consultation
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."