Lower Your Rate. Improve Your Terms.
Whether you have a Conventional, FHA, VA, Jumbo, or Reverse Mortgage — I will tell you honestly whether refinancing makes financial sense for you.
Refinancing in California
If you have a Reverse Mortgage, Conventional, FHA, VA, or Jumbo loan, it may be a good idea to refinance. No matter the type of loan you currently have, I can let you know if it is cost effective to refinance to a new loan.
I analyze your current loan and compare it against today's available programs to give you a clear picture of your savings potential. There is no pressure — just honest numbers and straightforward advice.
Your Loan Type
You may want to refinance your reverse mortgage to access additional funds or lower your interest rate. With some basic information, I can run the numbers and show you your options. Reverse mortgage refinances must pass a benefit test to ensure you are obtaining a minimum benefit — I will let you know if a reverse refinance makes sense for you, even if it does pass the test.
FHA is typically the most refinanced loan type. The most common reason is to remove mortgage insurance once your equity has reached over 20%. Depending on current rates, it may still be better to wait. I will give you your options, answer your questions, share my advice, and then let you decide.
Whether you want to lower your rate, shorten your term, switch from adjustable to fixed, or access equity through a cash-out refinance — I will compare your current loan against today's programs and show you exactly what the numbers look like.
Honest Advice
My approach is straightforward and always in your best interest:
Refinance only if the monthly savings will make a real difference to you
The cost to refinance — origination, title, escrow — should be paid back within 18–24 months
You should plan to stay in the home past the 24-month breakeven to make it a financially sound decision
No pressure — I give you the options, answer your questions, and let you decide
My goal is to make the refinance process informative and straightforward — never a burden.
Loan Options
Lower your interest rate, shorten your loan term, or both. A rate and term refinance is the most common type and can reduce your monthly payment or help you pay off your home faster.
Access your home equity by refinancing into a larger loan and receiving the difference in cash. Use the funds for home improvements, debt consolidation, education, or any other purpose.
If you currently have an FHA loan, a streamline refinance offers a simplified process with reduced documentation and no appraisal required in many cases — making it faster and easier to lower your rate or remove mortgage insurance.
The VA Interest Rate Reduction Refinance Loan (IRRRL) allows eligible veterans to refinance an existing VA loan to a lower rate with minimal paperwork and no out-of-pocket costs in most cases.
If you already have a reverse mortgage, refinancing may allow you to access more equity, add a younger spouse to the loan, or switch to a better program as your home value has increased. Must pass the required benefit test.
Is This You?
Your current interest rate is higher than today's market rates
You want to remove FHA mortgage insurance after reaching 20% equity
You want to switch from an adjustable rate to a fixed rate
You want to shorten your loan term and build equity faster
You need cash for home improvements or debt consolidation
You have a reverse mortgage and want access to additional funds
Your financial situation has improved and you qualify for better terms
Call me for a free refinance analysis. I will run the numbers, give you honest advice, and let you decide if moving forward is the right choice for you.
Or fill out the contact form to get started.
David Simon | NMLS #1521694 | CA BRE #02040832
Secured Capital Funding | 17662 Irvine Blvd, Suite 6, Tustin, CA 92780 | NMLS #1649122 | CA BRE #01220151
Get 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."