Education Specific to the Reverse Mortgage in California

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Reverse Mortgage Basics


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Important Facts...

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Important California Reverse Mortgage Facts

  • You own your home - NOT the bank
  • You are never forced to make payments while you live in your home
  • You can refinance or sell whenever you want with no penalty
  • The money you receive is tax free
  • You may use your money any way you see fit
  • No credit, income or health requirements to qualify
  • Social Security or Medicare benefits are NOT affected
  • You may now use the reverse mortgage to purchase a home
  • 9000+ reverse mortgages completed every month
  • 600,000 reverse mortgages since 1990

  • California Homeowner Eligibility Criteria

  • Must own or will purchase property in California and occupy the home as a primary residence
  • Youngest borrower must be at least 62
  • Eligible properties: single family residences, 1-4 unity properties with one unit occupied by owner, manufactured homes built after 1976 (with FHA approved foundations), townhouses, and condominiums


    FHA Announces new
    low cost and lower
    interest rate
    reverse mortgage!

    Call us for Details
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    Pacific International Mortgage
    703 North Concord � Santa Ana, CA 92701 � Tel: 888.557.1636
    DRE License #: 00976720  NMLS Approval Number: 272116

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    HUD Reverse Mortgages are Guaranteed by the Department of Housing and Urban Development and Insured by FHA

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