Most Popular
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 to sell the home you love.
Learn More →Your Retirement Options
California Reverse Mortgages
No monthly mortgage payments. Tax-free funds. Use the money how you wish — serving clients throughout California.
Understanding Reverse Mortgages
My Reverse Mortgage Loan Programs
I currently offer a number of loan programs for those interested in a reverse mortgage. My 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.
Ways to Use Your Equity
How Clients Use Reverse Mortgages
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 and 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 to purchase a new home.
David Simon — Reverse Mortgage Specialist
How I Can Help
Getting financial stability and unbiased information is now at your fingertips. As a Professional Reverse Mortgage Specialist serving clients throughout California, I provide unbiased advice and comprehensive support on all senior reverse mortgage programs. I clarify everything — rates, risks, eligibility terms, and fees — so you never have to worry about surprises down the road.
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
All Reverse Mortgage Programs
Flexible Access
HECM Line of Credit
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.
Learn More →Buy a New Home
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.
Learn More →High-Value Homes
Jumbo Reverse Mortgage
Perfect for seniors with higher value homes who want to access more cash than the conventional HECM Reverse mortgage.
Learn More →Age 55+
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.
Learn More →FHA-Insured Program
An Expert in the Industry
This program is insured by the FHA and enables a senior homeowner (62+) to take a part of their home's equity to use for anything they need. To be eligible, the youngest borrower must be at least 62 years old and the home must be your primary residence. I explain all eligibility terms and conditions clearly so you can plan your retirement with confidence.
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. When you want to stay in your home but still want access to your equity, a reverse mortgage loan is a powerful path to improved financial security in retirement.
How Much Money Could You Qualify For?
Funds available to you are based on the following factors:
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.
Frequently Asked Questions
Get a No Obligation Free Consultation
I will walk you through every option and help you find the program that fits your goals — with no pressure and no obligation.
David Simon | NMLS #1521694 | CABRE #02040832 | Secured Capital Funding NMLS #1649122
Get 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."