Reverse Mortgages

Our Mortgage Brokerage Firm in Santa Rosa, CA Specializes in Reverse Mortgages


Reverse Mortgages

Providing Mortgage Placement putting YOU First as our First Priority

Many retirees have a significant portion of their net worth tied up in their home equity. A reverse mortgage is a way for a homeowner who is age 62 or older to borrow against the value of their home. This can provide much-needed cash to supplement Social Security and other retirement income sources. However, they can be complicated and costly. Reverse mortgages certainly aren’t right for everyone, but for some homeowners with limited income and assets, they could be a lifesaver. You First Mortgage is a licensed mortgage company that assists clients in and around the Santa Rosa, CA area. Our reverse mortgage specialists can assess your situation, verify your reverse mortgage eligibility, and determine whether or not this type of loan may be right for you. We will assist you throughout the process and provide you with a wide selection of loan options from various lenders.

Many retirees will sell their homes and downsize. Reverse mortgages allow you to borrow against the home equity you’ve built up so that you can stay in your home and have cash for the things you need. Contact us today in order to speak with a qualified professional and find out what financing options may be beneficial for your unique situation. We’ll provide you with more information on reverse mortgage lending and guide you through the process. Call (707) 919-3103 or fill out our online contact form. We’re looking forward to hearing from you and helping you find an efficient way to meet your financial needs.

What is a Reverse Mortgage?

Homeowners over the age of 62 who own their homes outright, or have considerable equity in their homes, can use a reverse home loan to assess the money they have tied up in home equity. They may receive funds in the form of a lump sum, monthly payments, or a line of credit. The homeowner does not make payments on the loan. The balance of the loan becomes due and payable either upon the borrower’s death or when they move and sell the house.


Lenders must structure a reverse mortgage so that the loan amount is not higher than the home’s value. A drop in the home’s market value could cause the loan amount to exceed that value. In that case, the borrower and their estate are not responsible for paying the difference.

This is a basic overview of the reverse mortgage:

  • Available to homeowners with significant home equity, ages 62 and older
  • Designed to convert your home equity into cash income
  • Most are federally insured

Determining Reverse Mortgage Eligibility

A You First Mortgage broker can help you determine your reverse mortgage eligibility. There are no requirements surrounding the income or health status of the borrower.

  • Age 62 or older
  • Own home outright or have a low balance owed on the mortgage
  • Home must be the borrower’s principal residence
  • Homeowner must be able to continue paying property taxes, insurance, HOA fees, etc.
  • Borrower must attend a HUD information session

Our Reverse Mortgage Specialists Can Assist Residents of Santa Rosa, CA and the Surrounding Areas

Many borrowers go directly to lenders to apply for loans. You First Mortgage is a mortgage brokerage firm. That means we apply on your behalf with multiple lenders in order to offer you the best selection of loans. Why should you work with our reverse mortgage specialists in the Santa Rosa, CA area?

  • We have established relationships with a large network of lenders
  • Our specialists have extensive knowledge of various loan types and options
  • We save you time by doing most of the work for you

Call (707) 919-3103 or fill out our online contact form in order to request more information or get started today.



You First Mortgage is a licensed mortgage broker based in Sonoma County, CA. When you partner with us, we put your interests above all other priorities. With versatile real estate industry experience in the local market, our advisors can provide reliable guidance when it comes to choosing home financing options. We are CalHFA Certified for Government Down Payment Assistance.

Providing Mortgage Placement putting
YOU First as our First Priority
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The information contained on this website is presented for informational and marketing purposes only and is not to be understood as financial advice. You should consult with a representative from You First Mortgage for further information, the mere act of contacting You First Mortgage does not create a client relationship. As a result, you should never send any confidential information to our office until representation or client relationship has been established.

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