Skip to main content

Reverse Mortgages

Is a Reverse Mortgage right for you?

A Reverse Mortgage, also called a Home Equity Conversion Mortgage (HECM), is a loan that allows you to access a portion of your home's equity to supplement your retirement income. If you have sufficient home equity, are age 62 or older or are married and at least one borrower is 62 or older, you may be able to benefit from a Reverse Mortgage.

With a Reverse Mortgage, you can use your loan proceeds to:

  • Pay off your existing mortgage
  • Improve your monthly cash flow
  • Pay for healthcare expenses
  • Establish an emergency fund
  • Make home improvements and more!

Jumbo Reverse Mortgages, commonly called Proprietary Loans, are also available for borrowers with property values up to $4,000,000.

Call 530-879-4226 to speak with a Reverse Mortgage Loan Specialist to determine if a Reverse Mortgage can benefit you.

Learn the realities about Reverse Mortgages.

As with many financial products, Reverse Mortgage loans can be complicated and there may be a number of misconceptions about how the product works. Learn more.

 

Equal Housing Lender
NMLS #458732

 

Before applying for a Home Equity Conversion Mortgage (HECM), you must meet with a counselor from an independent government-approved housing counseling agency. There may be a fee for this service.

This page was not issued by HUD or FHA and was not approved by the Department or Government Agency.

Woman smiling holding paint swatches

Home Equity Lines of Credit

Learn More ›

Front of a house

Home Mortgages

Learn More ›

Welcome Valley Republic Bank Customers

Important Information For Valley Republic Bank Customers

Learn More ›