Skip to content

Types of Reverse Mortgages

3 Different Ways To Unlock The Equity Of Your Home, Without Moving Or Selling Anything.

Designed to meet the needs of more seniors, with lower rates and fees.

Crown Reverse Mortgage Financial can help you make the most of your reverse mortgage. Let us create your comfortable financial future. 

We’re committed to helping you find the right option, based solely on your needs and retirement goals. 

Explore the possibilities, including how much money you could receive, by contacting Crown Reverse Mortgage Financial. Call now at (805) 434-5226 to speak with one of our experienced Reverse Mortgage Consultants.

Rated 4.8/5 by 674 homeowners just like you
5/5

HECM Reverse Mortgage

The HECM Standard reverse mortgage features a fixed or variable interest rate. Depending on your financial circumstances and needs, you can choose to receive your cash in 3 ways:

  1. In an upfront lump sum, typically up to 60 percent of the available proceeds.
  2. Over time, as monthly payments.
  3. As needed, in a line of credit.

You can also select a combination of these options. For example, taking an initial lump-sum amount, and then having the rest available as a line of credit.

HECM For Purchase Reverse Mortgage

Would you like to buy a new home that will better fit your needs, now and in the future? 

Crown Reverse Mortgage Financial also offers an attractive HECM for Purchase reverse mortgage.

Are you aged 62 or older? You can purchase a new principal residence directly with the money from your reverse mortgage. Call us, and we’ll help you.

 

Platinum Mortgage

If you own a higher-value home or condo, Crown Reverse Mortgage offers a non-government, proprietary reverse mortgage program. 

Like a traditional HECM, Crown Reverse Mortgage Platinum is designed for homeowners age 55+* and over. 

Our Platinum program allows eligible borrowers access to more available cash, lower upfront costs, and a low, fixed rate. Call us now at (805) 434-5226 to see if you qualify.

Here’s what people like you are saying about us.

"When I began working with Brian, I had an idea in mind about what I wanted to do regarding consolidating debt to reduce interest rates and allow for more cash flow. In the spirit of exceptional service, Brian didn’t simply respond to and process my wishes, but shared with me several different options which would help me achieve my goals more effectively, unlike other financial institutions that merely returned a solution which was not really in my best interest. Once the final solution was determined, Brian and team continued to work hard for and with me to get the best rate and deal possible by counseling me on how to increase my credit score in short order and then by interacting with the agencies on my behalf to update their records just in time."
Geoff and Debbie S.
"Brian always made me feel at ease, was easy to communicate with and by the end of my first purchase with Brian I knew for a fact he had my best interest at heart. I have since done three transactions with him and I know he always fights to get me the best deal and protects my interests at all costs. "
Frank & Debbie V.
"Purchasing or refinancing a home is such a personal and often stressful experience, things seem to come down to the last 31 days and when the process greatly affects you and your family, emotions can run high. In the age of online offers and refinancing with a click of the button I have been burned before. In Brian I have an individual on my financial team that I can trust completely and that is priceless."
Denise G.
"I was lucky in that Brian was a good friend of the family when we took on the process of purchasing a family home. Then I found out that I was even more lucky than I knew. Brian and his team will take care of you like their own family as they guide you through the process to closure."
Jacqueline T.
"If you’re looking for company and person that will make you feel like family, look no further than Brian and his staff. Professionalism, dedication and a personal touch. You can’t ask for more."
Jonathan Q.

Crown Reverse Mortgage: Leave A Legacy For Your Loved Ones

4.8
5/5
Based on 674 reviews

*Due to state requirements for the states of Louisiana, New Jersey, and Washington all borrowers must be 60 years of age and in North Carolina, Texas, and Utah all borrowers must be 62 years of age.

Rated 4.8/5 by 674 homeowners just like you
5/5