California Reverse Mortgage Lenders
California is the top state for reverse mortgage loans. High property values in areas such as Orange County (Irvine, Anaheim Hills, Orange, Tustin, San Clemente, Newport Beach, Laguna Beach, Huntington Beach), Los Angeles County, San Diego County, Bakersfield, San Francisco and almost anywhere else along with the coast makes reverse mortgage an attractive option for seniors who need access to cash. Many seniors who purchased their homes 20+ years ago before property values increased, own their homes free and clear allowing them the option to unlock the equity in their homes.Featured California Reverse Mortgage Lender
Featured California Reverse Mortgage Lender

Mortgage Direct Financial
NRMLA #2002961
Talk to a live reverse mortgage export to learn how to tap into your home's equity.
Call Today: (949) 371-6658
Silvergate Bank
877-877-8420
NRMLA #3055

CS Financial
888-730-5200
NRMLA #18533

MSI Reverse
800-218-1418
NRMLA #5506

Sequoia Pacific Mortgage Company
800-834-7344
NRMLA #2496

Generation Mortgage Company
800-601-0790
NRMLA #4035

One Trust Senior Lending
877-707-2050
NRMLA #22285

Senior Funding Associates
800-995-1951
NRMLA #2590

Commerce Mortgage
888-730-5200
NRMLA #12032

NOVA Home Loans
877-335-6682
NRMLA #12093

1st American Senior Funding
888-808-8486
NRMLA #6143
Most Loans By City in California
Below are the most popular cities in California with the number of HECM loans originated since 2017. As you can see, it is no surprise that Los Angeles tops the list. Not too far behind are San Diego, Sacramento, San Jose and Oakland. The average initial principal limit varies from city to city. This amount depends on the age of the borrower, property value and equity in the property. For instance, in San Diego, the average initial principal limit was $317,805 and in Santa Rosa, the average was $329,574 but over in Anaheim, the average initial principal amount was $330,209.Rank | City | # Loans |
---|---|---|
1 | Los Angeles | 729 |
2 | San Diego | 542 |
3 | Sacramento | 254 |
4 | San Jose | 254 |
5 | Oakland | 174 |
6 | Long Beach | 165 |
7 | Santa Rosa | 165 |
8 | Oceanside | 159 |
9 | Riverside | 158 |
10 | Anaheim | 144 |
11 | Lincoln | 120 |
12 | Mission Viejo | 120 |
13 | Whittier | 119 |
14 | Roseville | 113 |
15 | Huntington Beach | 109 |
16 | San Francisco | 107 |
17 | Inglewood | 104 |
18 | Palm Desert | 104 |
19 | Escondido | 102 |
20 | Modesto | 100 |
21 | Santa Ana | 98 |
22 | Corona | 96 |
23 | Garden Grove | 92 |
24 | Concord | 92 |
25 | Fresno | 90 |
Source: U.S. Department of Housing and Urban Development