Searching for the best deal on a reverse mortgage in Mission Viejo, California?
Meet David Harrington
Reverse Mortgage Specialist
NMLS #235272 | BRE#01901204
Mission Viejo, California Reverse Mortgage Lenders
Let David Harrington and the HECM group help you appreciate what a reverse mortgage can do for you, whether you’re in Huntington Beach, Mission Viejo, San Clemente or anywhere in the Saddleback Valley of Orange County.
David has had the privilege and pleasure of working with thousands of individuals and families since 1984 but has never had more professional satisfaction than when assisting clients who benefit directly from a reverse mortgage.
His first “go to” is always communication. “The better I understand my client, the better I can service them,” David says. “Understanding my client is the first step to a successful relationship.”
The ability to provide a solution to his clients’ current and future financial needs, he says, truly is a blessing.
What is a reverse mortgage?
A reverse mortgage is an outstanding product that gives homeowners the opportunity to take advantage of the equity they have built in their property.
As long as you are 62 years of age, you can apply for the loan which gives you the key to recovering the hard-earned dollars you have poured into your house – and all without having to sell.
Homeowners can access funds in a variety of different ways and can also choose to take advantage of a line of credit, without having to downsize.
The real power of a reverse mortgage loan is that provided the terms of the loan are met, it does not require repayment of the loan until either the homeowner sells the residence or the last surviving borrower passes away.
It is one of the most prudent ways retirees can give themselves a standard of living they may not have imagined was within their grasp.
Housing prices are heading north right across the country and Mission Viejo is no exception with properties climbing 23.5 percent in the last 12 months to an average of $986,456. (https://www.zillow.com/mission-viejo-ca/home-values/)
There are already 2396 people in and around the Saddleback Valley taking advantage of reverse mortgages. And 349 of them have realised what they have to offer in the last 12 months alone.
About Mission Viejo, California
Mission Viejo takes its name from the phrase “Mision Vieja” which is Spanish for Old Mission. Early Spanish explorers attempted to set up one in the area but the exact location of the site remains unclear. It is however believed to have been on the north side of Ortega Highway along the San Juan Creek.
The city was one of the last in Orange County to be developed owing to its geologic challenges. As recently as 1960, it was deemed “undevelopable”. But urban planner Donald Bren had a vision, planning for houses in the hills and roads in the valleys and by the 1970s and 80s, the demand for land in the region skyrocketed.
The city was finally incorporated in 1988 and is now considered one of the largest master-planned communities ever built as a single project in the United States.
And all just a short drive from Laguna Beach!
David Harrington and his team at HECM are excited by the opportunity to assist you with all your enquiries about a reverse mortgage.
Please contact David today for a no obligation evaluation on (714) 746-8801.
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