In California many older homeowners have utilized Hero or PACE loans to fund home improvements or renovations. However these home improvement loans can strain finances. But there’s a solution many overlook: reverse mortgages. These special types of home equity loans can assist Californians in tackling these unexpected expenses and regaining financial stability by lowering monthly expenses. Let’s uncover how this option can help. STRATEGY COVERED: Consolidate/Refinance a HERO or PACE Lien into a Reverse Mortgage to Lower Monthly Expenses. Hero or Pace Loans California Reverse Mortgages Understa ..read more

Explore the potential benefits of reverse mortgages for California homeowners in this article. Learn how these financial solutions can enhance retirement plans, offering tax-free proceeds and the retention of property ownership, among other advantages. A reverse mortgage can enable California homeowners to access some of their home equity as a stable post-retirement strategy. Designed for individuals aged 62 and older (55 on some products), it can offer a financial solution to support retirement needs. Ten Potential Benefits Reverse Mortgage Can Offer California Homeowners Before proceeding wi ..read more

This article reviews some of the key factors in selecting a reverse mortgage lender or broker in California. This guide simplifies the process, explaining what to consider when choosing a company to work with on a reverse mortgage from the loan officer, lender vs broker and what to look out for and avoid. Written from the prospective of a CRMP which stands for Certified Reverse Mortgage Professional. presented by John Correll, CRMP Choosing the Right Reverse Mortgage Lender CaliforniaHow to Find the Best Reverse Mortgage Lender in California Introduction Overview: Explanation of Reverse Mortga ..read more

This article will explore ways a Reverse Mortgage in California may help combat the rising costs associated with inflation. Presented by John Correll, CRMP certified reverse mortgage professional in California. What is inflation and how does it impact those in California? Inflation means that over time, things become more expensive in an economy including many of the things that we buy as consumers like food, housing, energy and services. We measure it as a percentage, usually annually. As inflation goes up, your money can buy less because prices are rising. California has always had a higher ..read more

Exploring Home Equity Loans in San Diego California presented by John Correll, CRMP A Reverse Mortgage as an Alternative Home Equity Loan in San Diego and California In recent years, San Diego and all of California have experienced a significant rise in home values, making it an attractive destination for homeowners and real estate investors alike. San Diego is the “posterchild” of coastal charm with the ideal “Mediterranean” weather making it a highly desirable place to live. As a major US city with a thriving job market and vibrant cultural scene, these things have also contr ..read more

 presented by John Correll, CRMP – Certified Reverse Mortgage Professional in California Are You Considering a Reverse Mortgage in California?   Essential Things to Keep in Mind    For many older residents in California, considering a reverse mortgage can be a smart financial move. With the state’s high living costs, funding retirement can be tough. A reverse mortgage can a allow an older homeowner who qualifies the ability to access part of their home equity and lower monthly living expenses. Whether they want extra income in retirement, help with medical bills, or a ..read more

Accurate Reverse Mortgage Corporate Offices are Moving to Mission Valley     4025 Camino Del Rio South San Diego California – Accurate Reverse Mortgage Corp   We are excited to announce that later this month the corporate offices of Accurate Reverse Mortgage Corp are moving to a bigger office space in Mission Valley.  Our new office is not only larger, but its located the 3rd floor with amazing views of Mission Valley.   We are confident the new, larger space will allow us to better serve our clients and their reverse mortgage needs in San Diego and all of Calif ..read more

Using a Reverse Mortgage Line of Credit to Cover Homecare or Long-Term Care Expenses in San Diego and California Introduction As we age, planning for in-home care becomes more important, especially in a state like California where everything is expensive. A strategy that has worked well for many older homeowners is a reverse mortgage line of credit. The reverse mortgage can offer a practical way to cover in-home care costs. In this article, we’ll break down the basics of a reverse mortgage line of credit, its benefits, and important considerations specifically tailored for Californi ..read more