Shop for the best deals for Reverse Mortgages in Sonoma and Napa County, California.
Sonoma and Napa County, California Reverse Mortgage Lenders
For over 100 years Mutual of Omaha has been a trusted brand name. In that tradition of trust, Mutual of Omaha Mortgage offers reverse mortgages to qualified homeowners in Sonoma and Napa County.
Each of our originators has a team of experienced professionals who are familiar with the specific needs of homeowners in Sonoma and Napa County. We can walk you through the questions you’re certain to have and the process, should you decide to utilize your home’s value to create more cash flow in retirement.
Reverse Mortgage Information
The current maximum lending limit for FHA-insured reverse mortgages is $822,375 which means many homes in Novato and in the surrounding area would see most if not all of their full home value considered in the calculation of the potential maximum reverse mortgage loan benefit. Homes above $822,375 may choose to apply for a private jumbo reverse mortgage for higher-valued properties.
Reverse mortgages calculate the maximum available loan benefit for qualified borrowers based on the home’s appraised value, the age of the youngest borrower, or named non-borrowing spouse, and the current/starting effective interest rate.
Homa and her team at Mutual of Omaha Mortgage are ready to answer any questions or concerns you may have about a reverse mortgage. It's important to get the facts first, discuss your unique goals and needs, and see how much you may be able to qualify for with a reverse mortgage.
Call Homa today at 415-223-9481 to learn more or complete the steps here to get your free quote.
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