HECM Reverse Mortgage
The FHA-insured Home Equity Conversion Mortgage is the most widely used reverse mortgage program. Receive funds as a lump sum, monthly payments, a line of credit, or a combination — with no monthly mortgage payments required.
San Diego County, CA
Reverse Mortgages for San Diego County Homeowners
San Diego homeowners 55+ are sitting on some of the highest home equity in the nation. David Simon helps you access it — on your terms, with no monthly mortgage payments required.
San Diego's Home Equity Opportunity
San Diego County's median home value consistently ranks among the top in California — and for homeowners 62 and older, that equity represents a powerful financial resource. A reverse mortgage lets you convert a portion of that equity into tax-free funds without selling your home or making monthly mortgage payments.
Whether you live in La Jolla, Chula Vista, Carlsbad, Encinitas, or anywhere across San Diego County, David Simon brings over 40 years in the financial industry — the last nearly 10 helping people understand and obtain the best mortgage for their particular circumstances — and a straightforward, no-pressure approach to help you understand your options.
San Diego's strong real estate market means many homeowners qualify for larger loan amounts than they expect. The first step is a simple conversation to see what's possible for your specific situation.
Reverse Mortgage Programs Available in San Diego
HECM Line of Credit
A flexible credit line that grows over time, giving San Diego homeowners access to funds whenever needed. Ideal for managing healthcare costs, home improvements, or unexpected expenses.
Jumbo Reverse Mortgage
For San Diego's higher-value properties — often exceeding $1.5M — a jumbo reverse mortgage allows you to access equity beyond FHA loan limits. No FHA insurance required.
HECM for Purchase
Buying a new home in San Diego? Use a reverse mortgage to purchase without monthly mortgage payments, preserving your savings while right-sizing your living situation.
A Specialist Who Puts Your Interests First
David Simon is a licensed reverse mortgage specialist serving San Diego County homeowners with the same personal attention he'd give a family member. He takes time to explain every option clearly — no jargon, no pressure.
With access to multiple lenders and programs, David shops the market on your behalf to find the best terms for your situation. His goal is always to make sure a reverse mortgage genuinely serves your long-term financial well-being.
David Simon
Reverse Mortgage Specialist
What San Diego Homeowners Should Know
You remain the homeowner
A reverse mortgage does not transfer ownership. You keep the title to your home and can stay as long as you wish, provided you maintain the property and pay taxes and insurance.
No monthly mortgage payments
Unlike a traditional mortgage or HELOC, a reverse mortgage requires no monthly principal or interest payments. The loan is repaid when you sell, move out, or pass away.
HUD counseling is required
All HECM borrowers must complete a brief session with an independent HUD-approved housing counselor before proceeding — a consumer protection built into the program.
Heirs retain options
When the loan becomes due, your heirs can sell the home, refinance into a traditional mortgage, or pay off the balance — and they keep any remaining equity.
Frequently Asked Questions — San Diego Reverse Mortgages
Talk through your options with David Simon
San Diego homeowners have worked hard to build equity in one of California's most valuable real estate markets. Let's talk about how a reverse mortgage can help you enjoy it.
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."