The jumbo home financing tool for people who want to retire as well as they lived.

If you are 60 or older, this innovative loan choice could allow you to access some of the equity in your home, giving you better control over your assets, investments and cash flow.

Receive potentially hundreds of thousands of dollars more than a traditional FHA-insured HECM reverse mortgage allows.

Certified Reverse Mortgage Professional

(619) 294-9820

John Correll, CRMP

NMLS 1004396  CA-BRE 01353015

California Properties Only

Privacy Policy

Disclosure Statement

* Borrower still required to pay ongoing property taxes, homeowners insurance and maintenance of home as well as occupy home as their primary residence for the loan to remain in good standing.

* closing cost credit does not cover the cost of reverse mortgage counseling (estimated between $125-175) plus the cost of government recording fees.   Request your quote today!

Most of our Jumbo Reverse Mortgage Products now include a built in lender/broker credit to cover virtually all your closing costs!*

Use the proceeds to maintain your lifestyle and be better prepared for the future.

Fund a More Comfortable and Secure Retirement

Money for Home Improvement Projects

Funds to pay for a new kitchen, bathroom or other remodeling or maintenance project you have been waiting for.

Cover Medical or In-Home Care Expenses

Eliminate Your Monthly Mortgage Payment *

If you are still paying a mortgage payment you may be eligible to refinance your traditional mortgage into a jumbo reverse which has no monthly mortgage payments required.

* Borrower still required to pay ongoing property taxes, homeowners insurance and maintenance of home as well as occupy home as their primary residence for the loan to remain in good standing.

** Not tax advice.  Please consult a tax advisor.

Many people have used a jumbo reverse mortgage to cover the cost of in-home care giving them the freedom to remain living in their home they love and feel most comfortable in.

Advanced Estate and Financial Planning

At one time a reverse mortgage was considered a loan of last resort or only a product for a needs based borrower.  Today many in the financial planning community have begun to recommend a reverse mortgage as part of a smart financial plan.  Many now recognize the potential benefits of a reverse mortgage such as:

• Replace cash reserves
• Protect portfolio performance in a down market
• Delay Social Security and pension payouts
• Draw on tax-free funds to reduce tax liabilities **
• Postpone drawing down retirement assets, giving assets more time to grow
• Finance a new residence with a Reverse for Purchase
  

Proceeds from a jumbo reverse mortgage are loan proceeds and not considered taxable income. 

Tax-free proceeds **

Unlike the traditional FHA-insured HECM Reverse (home equity conversion mortgage) there are no required mortgage insurance premiums on this loan choice.

No mortgage insurance premiums

*** Capital gains taxes are only due upon a sale. A Reverse Mortgage is a loan, secured by a mortgage on your home, and does not require sale of the home as long as your loan remains in good standing.

No Capital Gains Tax ***

** Not a substitute for tax advice.  Please consult your CPA or tax advisor

Remain living in the home you love and avoid selling.

Enjoy a fixed interest rate that might just surprise you

No application fee.   Most closing costs can be financed into the loan.

Call for your complimentary quote today

(619) 294-9820 or (888) 603-1550

Receive Funds as a Lump Sum at Closing or Establish a Line-of-Credit for Future Draws

In-Home Appointments Available

If you are located in San Diego County or anywhere in Southern California, I'm happy to come to your home to discuss things the old fashioned way, face-to-face over the kitchen table, with a handshake and a smile.

Together we can review the pro's and con's of a Jumbo Reverse Mortgage in your situation.

Call to find out if you qualify and how much might be accessible

(619) 294-9280     

Designed specifically for homes valued at more than $1 million, 

a Jumbo Reverse Mortgage could be the ideal solution you have been waiting for.

Maximize Your Home Equity

• Competitive interest rates that might surprise you.
• Loan amounts up to $4 million.
• Similar to a traditional jumbo mortgage, but without required monthly mortgage payments. *
  
• Designed specifically for borrowers 60 and older

Find out for yourself how much of your home's equity you may be able to access with a Jumbo Reverse

Borrower with no required monthly mortgage payments *

When selecting a loan officer, you should consider working with a professional who has earned the Certified Reverse Mortgage Professional (CRMP) designation, the highest designation in the industry, from the National Reverse Mortgage Lenders Association (NRMLA).

Certified Reverse Mortgage Professional

NMLS # 1004396  CA-BRE # 01353015

As of July 2017 only 155 individuals in the entire United States held the designation of CRMP.

These materials are not from HUD or FHA and not approved by HUD or a government agency.

* The borrower must meet all loan obligations, including living in the property as the principal residence and paying property charges, including property taxes, fees, hazard insurance. The borrower must maintain the home. If the homeowner does not meet these loan obligations, then the loan will need to be repaid.  ** Not tax advice. Consult a tax professional.   *** Capital gains taxes are only due upon a sale. A Reverse Mortgage is a loan, secured by a mortgage on your home, and does not require sale of the home as long as your loan is in good standing.  Equal Housing Opportunity. Rates, Program, Fees, and Guidelines are subject to change without notice. Restrictions apply. Not a commitment to lend. Not all will qualify. Licensed to conduct business only in California. Lineage Lending 4455 Murphy Canyon Rd Suite 100 San Diego, CA 92103. Licensed CA Bur of Real Estate - Broker #01526997.NMLS #1158884 Branch 1437151 

4455 Murphy Canyon Rd. Suite 100

San Diego, CA 92123

(888) 603-1550

Privacy Policy

Disclosure Statement