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.
Sacramento County, CA
Reverse Mortgages for Sacramento County Homeowners
Sacramento homeowners 55+ have seen remarkable equity growth over the past decade. David Simon helps you access that equity — with no monthly mortgage payments and straightforward guidance.
Sacramento's Growing Home Equity Market
Sacramento County — including Elk Grove, Roseville, Folsom, and Rancho Cordova — has experienced significant home value appreciation, creating strong equity positions for long-term homeowners. For residents 62 and older, a reverse mortgage can convert that equity into tax-free funds without requiring monthly mortgage payments.
David Simon is a licensed reverse mortgage specialist who works with Sacramento area homeowners to evaluate their options clearly and honestly. He brings the same personal attention to every client regardless of home value or loan size.
Sacramento's more affordable price point compared to coastal California means many homeowners have significant equity relative to their remaining mortgage balance — often making them strong candidates for a reverse mortgage.
Reverse Mortgage Programs Available in Sacramento County
HECM Line of Credit
A flexible credit line that grows over time, giving Sacramento homeowners a financial cushion for healthcare, home repairs, or supplemental retirement income whenever it's needed.
Reverse 55+ Program
California's Reverse 55+ program opens reverse mortgage access to eligible homeowners as young as 55 — a valuable option for Sacramento residents who want to tap equity before the traditional HECM age threshold.
HECM for Purchase
Relocating within Sacramento County or moving closer to family? The HECM for Purchase lets you buy a new primary residence using a reverse mortgage with no monthly mortgage payments.
Straightforward Guidance, No Pressure
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 reverse mortgage programs in plain language, answers every question thoroughly, and never rushes a client toward a decision.
Because David works with multiple lenders, he can compare programs and terms to find the best fit for your situation — not just the first option that qualifies.
David Simon
Reverse Mortgage Specialist
What Sacramento Homeowners Should Know
You remain the homeowner
A reverse mortgage does not change 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 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 for your family
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 — Sacramento Reverse Mortgages
Talk through your options with David Simon
Sacramento homeowners have built real equity in a market that keeps growing. Let's talk about how a reverse mortgage 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."