Contact Citizens Lending Group today to learn more about reverse mortgage requirements and if a reverse mortgage is right for you.
Get Started Now
"*" indicates required fields
Where Can I Get FREE Information?
Contact a reverse mortgage expert to get more information on reverse mortgages and find out if one is right for you.
How do Reverse Mortgage Loans Work?
Reverse mortgages can help seniors earn tax free income for retirement. How you use the money is up to you!
What are the Requirements for a Reverse Mortgage Loan?
Reverse mortgages are available to seniors 62 years and older who own and live in their home as their primary residence.
Ventura Reverse Mortgage Lender
Making a financial plan for your retirement is crucial for everyone, but it is also important to consider the things you want to see, do, and enjoy once you have finally left the working world behind. Of course, the more solid your plan is, the better off you will be. A Ventura reverse mortgage may be exactly what you need to ensure your retirement savings go as far as possible.
A Ventura reverse mortgage can be used for anything from protecting your savings in the event of an emergency to spending more time with grandchildren. If you are interested in learning more about Ventura reverse mortgage requirements please contact us today. In addition, you can read through the information below for a quick review of the reverse mortgage process and to find out if a reverse mortgage is right for you.
Getting a Reverse Mortgage in Ventura: What You Need to Know
Many people mistakenly believe that reverse mortgages are something they should stay away from in general. However, when you have a clearer understanding of Ventura reverse mortgages and the protections they provide for both the borrower and the lender, you will see that reverse mortgages can actually be very useful tools.
Before you can qualify for a Ventura reverse mortgage, you must be able to pay all of the property’s taxes and maintenance costs for your home now and in the future. This is done to ensure you are not using the loan money for everyday living expenses, which prevents foreclosure.
The value of your reverse mortgage is tied to your home’s equity and is federally insured. When it is time to repay the loan, neither you nor your heirs will be required to pay back more than the home is worth. It is also important to understand that reverse mortgage borrowers in Ventura are not required to sell their property when the loan term is up. In fact, quite a few people choose to retain their home, allowing for future generations to enjoy it. For this to be done, the family must pay off the loan at the time of your death or when you move out of the home. Then, the house is theirs.
Many Ventura seniors have found that reverse mortgages loans are ideal for managing their family life and ensuring they do not leave a financial burden for their family to contend with. Instead, they are financially protected because you have used your home as collateral.
Contact Us Today for More Ventura Reverse Mortgage Information
For years, Citizens Lending Group has provided California residents with many of the best financial products available. Over time, our knowledgeable experts have developed a reputation for honesty, exceptional customer service, and dedication when it comes to helping our clients pick the best financial options for their specific situation. We encourage you to call us today to learn more about Ventura reverse mortgage requirements, and to learn why so many California retirees have trusted us for years.
Ventura is a California coastal city, northwest of Los Angeles. It’s known for its beaches, like San Buenaventura State Beach, with long, wooden Ventura Pier. Surfer’s Point is popular for surfing and windsurfing. Landmarks on downtown’s Main Street include the Mission San Buenaventura, with its 1809 church. Boats depart Ventura Harbor for Channel Islands National Park, a habitat for rare island foxes and scrub jays.
The beautiful City of Ventura — a California coastal community considered one of America’s most desirable places to live. The combination of its phenomenal climate, friendly people and spectacular coastline make Ventura a locale for those who appreciate and enjoy the outdoors.
Ventura, officially named San Buenaventura, was founded in 1782 when Saint Junipero Serra established Mission San Buenaventura, the ninth of the California missions. Serra named the mission after the Italian Saint Bonaventure, hence the nickname that Ventura is the “city of good fortune.” Located along the Pacific Ocean between Los Angeles and Santa Barbara, the City was incorporated in 1866.
Ventura is home to a diverse mix of more than 12,000 businesses and a robust workforce of more than 53,000. It’s no wonder that progressive businesses like Patagonia, The Trade Desk and Petunia Pickle Bottom are headquartered in Ventura.
The City of Ventura makes economic development a priority and is committed to providing local businesses with the resources they need to thrive and expand here. Ventura is the region’s leader in the healthcare and public administration sectors with three renowned medical institutions and the County’s government center headquartered here.
Ventura is 16.8 miles from Camarillo.
Ventura is 7.7 miles from Casitas Springs.
Ventura is 16.4 miles from Santa Paula.
Call Now to start saving: (866) 539-5119
Copyright Citizens Lending Group - 1421 N Wanda Road #120-Z Orange, Ca 92867 - Reverse Mortgages in California
Loans made or arranged pursuant to Real Estate Corporation License Endorsement #01814249, California Bureau of Real Estate. NMLS #1109984
These materials are not from HUD or FHA and were not approved by HUD or a government agency.