Your Ventura Reverse Mortgage Company

Here at Reverse Loan Solutions, we offer information, advice, and our services to seniors all over California, including Ventura. Reverse mortgage products are particularly in demand because of the unique benefits that they can provide to seniors. However, before we go into those benefits, a preliminary question would be, what is a reverse mortgage? Briefly, a reverse mortgage is a loan product that converts a borrower’s equity in a vehicle that eliminates the required monthly mortgage payment that standard forward mortgages have.  There are additional benefits you may qualify for as well.

Ventura Reverse Mortgage Company

If you have questions about our Ventura reverse mortgage products and services, get in touch with us today at 800-791-5626 or you can send an email through our online contact form. Our staff members have many years of experience providing customized reverse mortgage loan solutions to our clients, so you can rest assured that you are in good hands.

Ventura Reverse Mortgage: How It Works

For someone to take advantage of a Ventura reverse mortgage, the first step is to check if a borrower meets all the necessary conditions.

  • Is the borrower at least 62 years of age? Reverse mortgages have this minimum age requirement, so someone who is 61 years old or younger cannot qualify for a reverse mortgage loan. That said, it is possible for a borrower’s spouse to be younger than 62 years old.
  • Does the borrower own the property that will be used for the Ventura reverse mortgage? Ownership is important for home equity to exist. Because it is the equity in your home that is converted to the reverse mortgage loan, you must own the home and have built up at least a certain amount of equity.  Alternatively you may qualify to use a reverse mortgage to purchase a home.
  • Is the property that will be used for the reverse mortgage the primary residence of the borrower? For a reverse mortgage, not only is ownership needed, but the borrower must also be their primary residence (lived in at least 183 days per year). In fact, once the borrower or all of the borrowers have left the residence, the loan becomes due.

Why Choose Us as Your Ventura Reverse Mortgage Lenders

Ventura Reverse Mortgage Lender

Reverse Loan Solutions is a division of Hillhurst Mortgage, Inc., a company with a solid reputation in California which has received the esteemed 5-Star reviews online. We have been in the mortgage business since 1993, and most of our employees have been with us for more than 20 years. This means that our staff members have a wealth of experience and expertise in the mortgage industry, thereby enabling them to answer your questions completely, accurately, and clearly.

Furthermore, we emphasize the importance of professionalism and integrity in all our dealings with our customers. This is just one of the reasons people continue to turn to us for their Ventura reverse mortgage needs.

Learn More About Our Ventura Reverse Mortgage Services

For more information on our Ventura reverse mortgage services or to find out how much your home may be worth, you can call us at 800-791-5626. Our reverse mortgage lenders have a long and successful track record of serving customers in Ventura, Simi Valley, Moorpark, Newbury Park, Thousand Oaks, Oxnard, Camarillo, and elsewhere in California, and we would be happy to answer your Ventura reverse mortgage loan questions.