In addition to providing loans to trusts and estates in California, we also specializes in assisting clients with Reverse Mortgages. Reverse Mortgages are quickly becoming one of our most popular mortgage products. A Reverse Mortgage may be a great option for borrowers age 62 years and older who are looking for a more comfortable retirement. A reverse mortgage, also know as a HECM or Home Equity Conversion Mortgage allows a borrower to convert the equity they have accumulated in their home into a stable income stream or pool of funds that they can draw from when needed. This can provide security and independence when it is most needed.
As more and more baby boomers enter into retirement, Reverse Mortgages loan programs have grown in popularity. A Reverse Mortgage can enable you to tap the equity in your home and make your retirement more comfortable. The proceeds from a Reverse Mortgage can be used to pay for medical care, delay or supplement Social Security and or have additional funds every month to make retirement more enjoyable.
Commercial Loan Corporation has made the Reverse Mortgage process easy! Our qualified Reverse Mortgage specialists can answer any questions that you have and explain all of the options available to you in a no pressure environment. In some cases a Reverse Mortgage might not be your best option. We can provide you with the information needed to make an informed decision. Simply call us at 877-464-1066 so that we may assist you. You may also request additional information on Reverse Mortgages online by filling out the form located here.