What is a reverse mortgage and how can it help me?

A reverse mortgage is a special type of home loan that lets a homeowner convert the equity in his or her home into cash. The equity built up over years of home mortgage payments can be paid to the homeowner in a number of ways: in a lump sum, in a stream of payments, or as a supplement to Social Security or other retirement funds. But unlike a traditional home equity loan or second mortgage, with a reverse mortgage repayment is not required until the borrowers no longer use the home as their principal residence.

Since your home is probably your largest single investment, it's smart to know more about reverse mortgages, and decide if one is right for you!

For many years, we have helped Seniors improve their quality of life with the financial freedom and security from a reverse mortgage. Frequently asked questions can be found in our reverse mortgage question & answer section.

California Reverse Mortgage Co., is a d.b.a. of Generation Mortgage Company © 2008 Generation Mortgage Company. All rights reserved Licensed by the Dept. of Corps. under the CA Residential Mortgage Lending Act. *Offer valid at closing for California residents and subject to change at any time.