Home / Lenders / Reverse Mortgage Lenders, California

This rate option will give you access to more cash proceeds over the life of the loan than any other product option available. You will notice that there is a line of credit available after 12 months which will allow you to receive the most money possible in the first 12 months. If your number one goal with the Reverse Mortgage is to get your hands on as much money as possible this is the option for you.

If your priority is to preserve as much equity in your home while still leaving access to a line of credit to have in case of an emergency this is the product you would want to choose. If you review the amortization schedule for this product, you will see that over the years your outstanding loan balance with this selection will be lower than the other product options.

With this product option you will keep your closing costs as low as possible in order to establish your Reverse Mortgage. If you are most concerned with the costs to set up the loan and less concerned with the amount of proceeds you will receive, this is the product I would recommend for you.

As the name indicates this is a Fixed Rate loan option. Your rate would never be subject to change if you choose and close on this product option. This is the option you would select if your biggest priority was to secure a rate that would not be subject to change. Fixed Rate loans are a single disbursement lump sum so there is no option for a credit line. Depending on your individual circumstances, a Fixed Rate loan option may not provide you with as much available loan proceeds as one of the adjustable products so you will want to compare the amount of proceeds available when making your decision.

If your current home value is higher than $1.25 Million, this is a product you will want to look at in comparison to the Government product. The Government Insured Reverse Mortgage has a maximum value currently of $679,650. This means that any additional value above that figure is not factored into the loan amount calculation. Having a value higher than $679,650 does not prohibit you from still considering the Government Product, but at higher home values, this product may provide you with significantly more funds available than the Government Product can. There is no Mortgage Insurance Premium on this product so the closing costs are usually lower for this product in most cases. This is a Fixed Rate product so the proceeds are given as a lump sum only in lieu of the option for a credit line. If you have a larger existing mortgage or are looking to receive additional proceeds above what the Government product can provide, this is the best option to accomplish that goal.

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Top 10 Reverse Mortgage Lenders in California

Lender Name	Company Start Date	Lender Rating	Review Stars (0-5.0)	% of Positive Reviews	# of Complaints Last 3 Yrs.	BBB Reviews
All Reverse Mortgage, Inc. (HQ in California)	05/27/2004	A+	5.0	100%	2	Review Source
American Advisors Group (AAG)	10/29/2004	A-	4.1	82%	41	Review Source
Reverse Mortgage Funding LLC	09/25/2012	A+	3.2	64%	3	Review Source
Live Well Financial, Inc.	08/28/2008	A+	2.1	17%	9	Review Source
One Reverse Mortgage, LLC	07/12/2001	A+	3.2	60%	5	Review Source
Liberty Home Equity Solutions, Inc.	09/05/2003	A+	2.7	40%	5	Review Source
HighTechLending Inc	06/06/2006	C+	2.3	0%	2	Review Source
Reverse Mortgage Solutions, Inc.	02/21/2007	F	1.05	1%	86	Review Source
Synergy One Lending, Inc. (Retirement Funding Solutions)	01/09/2013	A+	N/A	N/A	1	Review Source
Finance of America Reverse LLC	10/15/2003	A+	N/A	N/A	3	Review Source

*Source: BBB Lender Ratings as of 12-23-2018

All Reverse Mortgage® is proud to be California's #1 Rated Reverse Mortgage Lender by the BBB with a Perfect 5.0 Stars and A+ Exemplary Rating. We currently lend in 16 states and our headquarters are right here in southern California.

All Reverse Mortgage was incorporated in CA November 2004 and as the name implies, the only loan product that All Reverse Mortgage® originates is in fact, the reverse mortgage.

We’re committed to be your lender because you deserve the best rate at the lowest price possible.

We’re a HUD Approved direct lender lending the national HECM programs and offer a suit of Non-FHA & Jumbo Reverse Mortgages to better suit homeowners in CA with higher value homes over the national 2019 lending limit of $726,525.

We welcome you to compare our reviews and our lower rates and closing costs to any other major lender! The difference is clear, and we can’t wait to show you!

California Reverse Mortgage Facts

State	Homeowners Age 62+	Reverse Mortgages Closed Last 12 Months	Purchase Reverse Mortgages Closed Last 12 Months	Lenders in California	Avg. Home Value
California	2,538,456	11,069	423	923	$458,233

HUD Approved Direct Lender

california lenders map coverage

All Reverse Mortgage® is approved with the Department of Housing and Urban Development (HUD) to originate, underwrite and close the HUD Home Equity Conversion Mortgage (HECM, or "Heck-um"). The HECM is HUD's acronym for their reverse mortgage loan.

All Reverse Mortgage® originates in California and closes both refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payment, utilize their equity for other purposes if they have no existing loan, or possibly a combination of both

About All Reverse Mortgage®

The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well. We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve as well. Jumbo or proprietary programs typically offer lower Principal Limits as they relate to home values, though, so not all borrowers are best served with the jumbo programs available.

A seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision. It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.

Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool and many are now seeking the reverse mortgage to augment their retirement plans and not so much the mortgage of last resort. Everything from the elimination of existing mortgage payments to the line of credit that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan for the future as well.

California Lending Limits

california lending limits

As the most populous state in the country with more than 39 million residents, California is well known for its diverse population—and geography. There are mountains in the east, forests in the northwest, deserts in the southeast and miles upon miles of agricultural land in the center of the state.

There is the misconception that all parts of California offer a warm climate. Actually, due to its massive size, the state’s climate ranges from rainforest-like moisture to temperatures cold enough to produce snow in the mountains.

Some popular areas include the Sierra Nevada mountain range, the Mojave Desert, Yosemite National Park, Mount Shasta, Big Sur and Redwood National Park.

The range in climate makes the state very appealing to people who may want to live on the beach but can easily get to snow capped mountains within a short distance.

For people interested in retiring to California, it may be a good choice if a reverse mortgage is in the cards as the average home value of the state is $485,800, which is under the HECM lending limit of $726,525

Some of the largest cities in California include Los Angeles, San Diego, San Jose, San Francisco and Fresno. Los Angeles is most popularly know as the location of Hollywood film studios and of course, the famous Hollywood sign.

In addition, California has numerous sports teams. Some of the teams that represent the state include the Los Angeles Rams football team, the Oakland Raiders football team, the San Francisco Giants baseball team and the Los Angeles Kings hockey team.

If you reside in California, All Reverse Mortgage® is here to answer your questions. Call Toll Free (800) 565-1722 – Or try ARLO™ our revolutionary reverse mortgage calculator that offers side-by-side program comparisons, real-time interest rates and expert recommendations.

Other Areas of Interest in California

California Approved Reverse Mortgage Counseling Agencies

Agency Name	Phone	Website	Agency ID	Languages
BALANCE CONCORD	800-777-7526	www.balancepro.org	90199	English Russian Spanish
CONSUMER CREDIT COUNSELING SERVICES OF SAN FRANCISCO D/B/A BALANCE	800-777-7526	www.balancepro.org	90199	English Russian Spanish
PROJECT SENTINEL	408-470-3730	housing.org	81203	English Cantonese Chinese Mandarin French Vietnamese
INLAND FAIR HOUSING AND MEDIATION BOARD	909-984-2254	www.ifhmb.com	80034	English Spanish
CREDIT.ORG - RIVERSIDE	800-947-3752	www.credit.org	84701	English Spanish
NAVICORE SOLUTIONS- SAN DIEGO, CA	619-296-4700	www.navicoresolutions.org	84874	English Spanish
CCCS OF SAN FRANCISCO	800-808-4327	www.balancepro.org	80646	- Cantonese - English - Russian - Spanish
CCCS OF SAN FRANCISCO	800-777-7526	www.balancepro.org	81721	- Cantonese - English - Other - Russian - Spanish
GUIDEWELL FINANCIAL SOLUTIONS, WEST COVINA	323-637-0847	www.guidewellfs.org	90360	English Spanish

Did you know? California state does not mandate in-person counsleing. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.

Additional Resources:
Top 10 Lender Reviews & Ratings: https://reverse.mortgage/best-reverse-mortgage-lenders
Reversemortgage.org NRMLA Members in California: https://www.reversemortgage.org/Find-a-Lender/state/CA
HUD.GOV Approved Lenders Search: https://www.hud.gov/program_offices/housing/sfh/lender/lenderlist

Our Exclusive Programs Designed to Fit Your Needs.

All Reverse Mortgage© has consistently brought exclusive offers to our valued California homeowners. Because of our unique process we're able to offer a better federally-insured reverse mortgage with no compromise.

Take a look at some of our program benefits that you won't find elsewhere:

	Exclusive 4.25% (5.95% APR) Fixed Rate for Life

	Government Insured & Jumbo Proprietary Programs

	Flexible Credit Lines from 2.98% with the Industries Lowest Lifetime Rate Exposure

	ZERO Origination Fee Plans

	ZERO Financed Closing Cost Plans

	ZERO Monthly Servicing Fees on ALL programs

*Complete form above to receive a comparison of all available programs. Excludes state taxes when applicable. Min loan amount for $0 origination fee is $40,000. *APR ran at $185,000 loan amount / 60% or less PLF utilization. Lifetime rate cap on all adjustable rate plans just 5% over the start rate.

How can we offer you more favorable terms?

We are a direct lender approved by FHA (Federal Housing Administration)

The HECM is literally all we do. All Reverse Mortgage is not just a name for us. We have a very low (almost non-existent) staff turnover and our people are experts.

We don't work with Brokers, allowing us to pass the savings on to you.

We don't hire "celebrity" spokespersons as we don't believe you should have to pay for a lender's expensive marketing budget with higher loan costs.

We Charge Less! Check out our competition and our customer ratings. We never forget that this loan is about you and your needs and we put you first with superior service and lower costs.

All Reverse vs. the others

It may surprise you but those "celebrities" you see all over TV have some of the worst independent consumer ratings in the industry. Compare us and you will see the crystal clear difference, from customer service to loan terms we never compromise.

Top A+ Rating By The Better Business Bureau

eKomi Independent Reviews 4.9 out of 5 Stars

Trustlink Independent Reviews 5 out of 5 Stars

HUD approved california direct lender.

Working with a local California lender saves you time and money.

As an award-winning direct lender our goal remains simple; to offer you the very best terms accompanied by extraordinary customer service.

Click here to view our HUD Approval

What Our Customers Are Saying

"There was no car salesman type of protracted negotiation. All reverse got right down to a good quote without a series of incremental steps."

"I was surprised how easy it was to deal with an out of state company. Actually it was much easier than my previous dealings with local banks and brokers"

"It is a wonderful feeling to have no mortgage and extra cash in our pocket. We are very happy."

"Thank you to All Reverse for handling everything in an efficient and smooth way. Thoroughly appreciate everything you have done to make things easy for me."

"This was the smoothest mortgage process I have ever experienced! And so fast!"

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California Reverse Mortgages

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