Reverse Mortgages in Roseville CA

If you are spending your golden years in the Golden State, you can enjoy retirement to its fullest by applying for a reverse mortgage.

With this type of loan, you can enhance your retirement income while staying in your home for the rest of your life.

What is a Reverse Mortgage?

A reverse mortgage is a loan product which is available exclusively to seniors. Its purpose is to allow you to increase financial flexibility and means without giving up your home.

Using a reverse mortgage, you borrow against your home equity.

The loan will not come due unless the last borrower moves out. Furthermore, you can stay in your home for as long as you want with no consequences.

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The Freedom to Enjoy Your Retirement Fully

Many financing products have strings attached when it comes to how you spend your money. A reverse mortgage is not one of them.

You can do literally anything you want with the reverse mortgage income.

Here are some popular uses for reverse mortgages:

Upgrade or repair your existing home.
Finance the down payment of a second home or vacation home.
Buy a new vehicle or repair an existing one.
Pay for a grandchild’s education.
Pay off debts.
Clear medical bills.
Go on a trip.
Pad your savings or create an emergency fund.

California Reverse Mortgage Benefits

The freedom and flexibility of reveres mortgages are not their only benefits. Here are some more advantages of this type of loan for seniors.

Income from a reverse mortgage is often non-taxable.
Until the last borrower moves out, the loan does not come due. Reasons for moving out would be selling the home, the last borrower moving out to an assisted care home, or death of the last borrower. If you do not move out, you can stay in it and not owe on the loan for the rest of your life.
A reverse mortgage can be disbursed in installments, as a lump sum, or as a line of credit as suits you.

Are You Eligible for a Reverse Mortgage in California?

To qualify for a reverse mortgage, you need to meet these eligibility criteria:

At least one borrower must be 62 or older.
Your credit score, income and tax history will be assessed.
You must have sufficient equity to borrower against, and it must be in your primary residence, not a second home.
All home maintenance payments must be up-to-date.

Apply Now for a Reverse Mortgage in Roseville

To find out now if you qualify for a reverse mortgage, please contact Cindy Steelman at (916) 847-7263 to schedule your consultation. Soon, you could be padding your retirement savings with a flexible loan while you continue to enjoy the California home that you love.

Know exactly what you can afford before you search for homes.Today's Mortgage Rates

Ginelle Rasch

19:18 31 Jan 22

Cindy is so easy to work with, very thorough and responds quickly to any/all questions & concerns. We really enjoyed working with her for our refi.

Yvonne Silao

21:39 28 Jan 22

Buying a house can be scary but Cindy was helpful and positive every step of the way where my loan was concerned. She is patient, kind, and a pleasure to work with. She always had my best interest in mind during each step of the process. I highly recommend her, you won't be disappointed!

Mark Krasko

21:30 28 Jan 22

Richard Feuerbach

19:30 28 Jan 22

Simply put, Cindy was awesome. I have purchased several homes over the years and without a doubt, Cindy made the whole process from beginning to end very pleasant and stress free.

Shannon Rodriguez

16:21 26 Jul 21

Cindy is the BEST! My husband and I wanted to refi our house but we had a big mess of things to clear up before we could do so. Cindy helped us every step of the way! Without her knowledge of the industry, amazing follow through and communication with us, and her patience, we never would have made this possible! Thanks to Cindy we lowered our monthly expenses and got a great interest rate with our new refi! I would highly recommend her to all of my friends and family!!!

Amy Russell

02:36 07 Jul 21

Dale Tindel

01:47 08 Apr 21

We have used Cindy exclusively since the purchase of our home in 2010. She has provided her expertise for two refinances and the mortgage of a 2nd home. Her attention to detail and her knowledge of market conditions have enabled us to always get the best rates available at the best prices. Thank you, Cindy.

stephanie boggs

21:46 07 Apr 21

Working with Cindy Steelman was an absolute pleasure! Everything from start to finish was professional.

Cindi Pearman

16:59 07 Apr 21

I honestly can’t say enough good things about Cindy. I didn’t know her when she brokered our loan in Nor Cal as she was referred by our Realtor, but we have been friends ever since.Loan brokers have access to many lenders unlike banks so they can get the best rates and she did! They also walk you through the whole process ensuring that everything goes smoothly and it did!So if you need anything mortgage loan related in California, give her a call and see if she can get you a lower rate. She probably can, if not, at least you made a new friend. 😊

Andrew Klinstiver

01:44 07 Apr 21

I have worked with Cindy a number of times, Her service and customer support throughout the financing process is second to none. I highly recommend her.

Chad Parker

10:12 06 Apr 21

Love working with Cindy. This is our second refinance. She makes it easy and keeps you up to date along the way.

Nicki Rowland

16:43 16 Mar 21

We have now refinanced with Cindy 3 times and every time has been an incredibly positive experience. We trust that she is giving us the best advice for our situation and we could not be happier. It has put us in a great financial position and we owe that to Cindy. She is prompt, responsive to questions and always on top of things. Highly recommend for all your home loan needs!

Patrick Ryan

00:41 28 Jan 21

Cindy's attention to details and her quick responsive approach to answering my questions was outstanding! However, what I was most impressed with was her astute knowledge of the industry which enabled her to close my purchase quickly with zero issues! 3 years later I refinanced my home and she was able to lower my interest rate, saving me $300 per month!One call to Cindy and your shopping for a home loan is over!

Monica Singh

19:54 14 Sep 20

We have worked with Cindy for the last 8 years doing a home mortgage and two refinances with her. She is a pleasure to work with. She always gets back to you fast and answers all queries with great patience. She gets you the best rate and is always on top of things. Her loans close on time and with least hassle, because she is so organised. I would highly recommend her for your mortgage needs.

Kurt Reinke

21:36 27 Apr 18

Catherine Heath

19:25 01 Mar 18

Cindy is knowledgeable and straight forward. I know I can trust her to give unbiased advice to my clients and myself. She is personable and very fast at getting right back to me on any questions I have.

Dave Huntoon

23:07 04 Mar 17

Cindy is a wealth of knowledge. I really appreciated her help!

Justin Gilbert

16:33 08 Jun 16

I have been working with Cindy for the last several years. I consistently refer my best clients to Cindy because I know they will be well taken care of. She takes the time to understand my clients needs and fights to get them the best product for their lending needs. If you are considering a new home purchase, or refinance of an existing loan, do yourself a favor and call Cindy.

Christine Glaesman

16:16 08 Jun 16

Cindy has a lot of experience in mortgage and can help you with all of your mortgage needs. Cindy is extremely knowledgeable in her industry. Cindy helps people qualify for a loan if they don't think they can qualify. Give her a call today!

shaun edwards

15:59 08 Jun 16

You won't find a better mortgage professional in the Sacramento area. Cindy really knows her industry and does great work.

Reverse Mortgage