Jumbo Reverse Mortgage
Silicon Valley's high home values often exceed FHA loan limits. A jumbo reverse mortgage lets San Jose area homeowners access equity on properties valued at $1.5M, $2M, or more — with no FHA insurance required.
San Jose / Santa Clara County, CA
Reverse Mortgages for San Jose & Santa Clara County Homeowners
Silicon Valley homeowners 55+ have built some of the highest home equity in the country. David Simon helps you access it — with no monthly mortgage payments and expert guidance you can trust.
Silicon Valley's Extraordinary Home Equity
San Jose, Sunnyvale, Santa Clara, Cupertino, and the surrounding Silicon Valley communities have some of the highest home values in the United States. For homeowners 62 and older who have lived in the area for years, that equity can be a transformative retirement resource — accessible through a reverse mortgage without selling your home or making monthly payments.
David Simon is a licensed reverse mortgage specialist who works with Bay Area homeowners to evaluate their options with clarity and no pressure. He understands the unique financial landscape of Silicon Valley and tailors his guidance to your specific situation.
For many San Jose area homeowners, a jumbo reverse mortgage is the right tool — allowing access to equity well beyond standard FHA loan limits. David has extensive experience with both HECM and proprietary jumbo programs.
Reverse Mortgage Programs Available in Santa Clara County
HECM Reverse Mortgage
The FHA-insured standard reverse mortgage. Receive funds as a lump sum, monthly payments, a line of credit, or a combination — with no monthly mortgage payments required for as long as you live in the home.
HECM Line of Credit
A growing line of credit you draw from as needed. Ideal for San Jose homeowners who want a financial safety net without committing to a lump sum disbursement.
Reverse 55+ Program
California's Reverse 55+ program allows eligible homeowners as young as 55 to access home equity — a valuable option for Silicon Valley residents who want earlier access to their substantial home equity.
Expert Guidance for High-Value Properties
David Simon has worked with California homeowners across all price points, including high-value Silicon Valley properties. He understands the nuances of jumbo reverse mortgage programs and can help you compare options across multiple lenders.
His approach is always the same: understand your goals first, explain your options clearly, and never recommend a program unless it genuinely serves your long-term financial well-being.
David Simon
Reverse Mortgage Specialist
What San Jose Homeowners Should Know
You keep ownership of your home
A reverse mortgage does not transfer title. You remain the homeowner and can stay in your home as long as you maintain it and keep up with property taxes and insurance.
No monthly mortgage payments required
The loan balance accrues over time and is repaid when you sell, move out, or pass away. There are no required monthly principal or interest payments.
Jumbo loans have different terms
Proprietary jumbo reverse mortgages are not FHA-insured and have different terms than HECM loans. David will walk you through the key differences so you can make an informed comparison.
HUD counseling required for HECM loans
HECM borrowers must complete a session with an independent HUD-approved housing counselor before closing. This consumer protection ensures you fully understand the program before committing.
Frequently Asked Questions — San Jose Reverse Mortgages
Talk through your options with David Simon
Silicon Valley homeowners have built extraordinary equity over the years. Let's talk about how a reverse mortgage can help you access it — on your terms, without selling your home.
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."