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  • Learning CenterExpand
    • What is a Reverse Mortgage?
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    • How to Qualify for a Reverse Mortgage?
    • Are Reverse Mortgages a Good Idea?
    • Reverse Mortgage FAQs
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How does a reverse mortgage work?

Conventional mortgages require monthly payments to the lender. A reverse mortgage does not. Depending on how the loan is structured, you may be able to receive payments from the lender!

Key benefits of a reverse mortgage

KEY BENEFITs of A REVERSE MORTGAGE

Funds received from a reverse mortgage are tax-free and may be used for whatever purpose you choose.

3 Types of Reverse MOrtages

1

Single Purpose Reverse Mortgages

The least expensive option, but these loans can only be used for one purpose, as determined by the lender.

2

Proprietary Reverse Mortgages

A proprietary reverse mortgage is an excellent option for high-valued homes! Generally, they provided a greater amount of funds for homeowners!

3

HECM (Home Equity Conversion Mortgage)

HECM’s are very safe loans that are insured by the U.S. Department of Housing and Urban Development (HUD).

GETTING STARTED TIPS

Choosing the type of reverse mortgage that is most appropriate for you may be determined by your goals. Questions are always welcomed!

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ENJOY RETIREMENT YOUR WAY

Discover Reverse Mortgage

Jeannette offers a 30-minute, NO OBLIGATION consultation to see if a reverse mortgage could be a “good fit” for you. Family members are welcome to join in!

Schedule a Call with Jeannette

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  • Reverse Mortgage Santa Barbara
  • What is a Reverse Mortgage?
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SERVICE AREAS

  • Santa Barbara
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HEADQUARTER

Lazerus Properties & Capital
NMLS# 1801378
DRE# 02076512

440 E. Huntington Drive,
3rd Floor
Arcadia, CA 91006

GET IN TOUCH

Jeannette Macias
Reverse Mortgage Loan Originator
NMLS #484400
DRE #01342778
Telephone: 805-738-5577opens phone dialer

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  • Reverse Mortgage Santa Barbara
  • Learning Center
    • What is a Reverse Mortgage?
    • How does a reverse mortgage work?
    • How to Qualify for a Reverse Mortgage?
    • Are Reverse Mortgages a Good Idea?
    • Reverse Mortgage FAQs
  • Reverse Mortgage Solutions
    • Retirement Income
    • Dream Vacations
    • Payoff Debts
    • Medical Expenses
    • Buy a Home
    • Refinance existing mortgage
    • And Much More
  • About
  • Contact
  • Get in touch: 805-738-5577opens phone dialer
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