22935 Ventura Blvd. Los Angeles, CA

Reverse Mortgage Pros

Crestico helps homeowners explore reverse mortgage options designed to access home equity while maintaining the ability to remain in their home. A reverse mortgage can provide greater financial flexibility during retirement by converting a portion of your home equity into loan proceeds.
Senior couple consulting with an experienced reverse mortgage professional

Work With Experienced Reverse Mortgage Professionals

Choosing a reverse mortgage is an important financial decision. The right professional can help you understand the loan structure, available proceeds, eligibility requirements, costs, and long term considerations before you move forward.

At Crestico, we provide personalized guidance throughout the process so you can make an informed decision based on your home, financial goals, and retirement needs.

How Our Reverse Mortgage Pros Can Help

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Understand whether you may qualify for a reverse mortgage
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Review how much home equity may be available
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Explore different ways to receive your loan proceeds
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Understand interest, fees, and other loan costs
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Review your existing mortgage and financial obligations
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Understand your responsibilities for property taxes, homeowners insurance, and home maintenance
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Evaluate how a reverse mortgage may affect your home equity and future estate plans
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Navigate the application and closing process

Who May Benefit From a Reverse Mortgage Consultation

A reverse mortgage consultation may be helpful for homeowners who have built substantial equity in their homes and want to explore ways to use that equity during retirement.

You may want to speak with a reverse mortgage professional if you are looking to create additional financial flexibility, supplement retirement resources, manage certain expenses, or better understand your options for remaining in your home.

A reverse mortgage is not the right solution for everyone. A professional consultation can help you evaluate the benefits, costs, requirements, and alternatives based on your individual circumstances.

Reverse Mortgage Options We Help You Explore

Every homeowner has different financial goals. Our professionals can help you understand the reverse mortgage options available for your situation and how the proceeds may be structured.

Depending on eligibility and the loan program, proceeds may be available through options such as a lump sum, monthly payments, a line of credit, or a combination of payment methods.

We can also help you understand how an existing mortgage, home value, age, property type, and other financial factors may affect your available options.

Step 1

Check Eligibility

Step 2

Payment Option

Step 3

Get Approved

Step 4

Close the Loan

Step 5

Repayment & Loan Terms

Key Benefits of Working With a Reverse Mortgage Professional

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Personalized Guidance

Your financial situation, home, goals, and retirement needs are unique. A professional can help you evaluate your options based on your circumstances rather than relying on a one size fits all approach.
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Clear Understanding of Loan Costs

Reverse mortgages can involve interest, closing costs, mortgage insurance, and other expenses. Understanding these costs before making a decision can help you evaluate the long term financial impact.
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Help Comparing Your Options

A reverse mortgage may not be your only option. We can help you understand how it compares with alternatives such as a home equity loan, HELOC, refinance, or other financial strategies.
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Guidance From Application to Closing

The reverse mortgage process involves multiple steps. Having professional guidance can make it easier to understand what is required and what to expect throughout the process.

Important Reverse Mortgage Considerations

Before choosing a reverse mortgage, homeowners should understand how the loan may affect their home equity, future estate plans, and financial obligations.

Although reverse mortgages generally do not require monthly mortgage payments toward principal and interest, borrowers remain responsible for meeting applicable obligations such as property taxes, homeowners insurance, and maintaining the home according to loan requirements.

Interest and other costs can increase the loan balance over time. It is also important to understand what happens when the loan becomes due and how the loan may affect heirs or the future sale of the property.

Our reverse mortgage professionals can help you review these considerations before you make a decision.

Reverse Mortgage Pros Serving California Homeowners

Crestico helps homeowners in Los Angeles and throughout Southern California explore mortgage and reverse mortgage options.

If you are considering a reverse mortgage in California, our team can help you understand your available options and determine what may make sense for your financial goals.

Whether you want to access home equity, explore retirement income options, or simply understand whether a reverse mortgage is right for you, a personalized consultation is a good place to start.

Frequently Asked Questions

How do I choose a reverse mortgage professional?

Look for a professional who can clearly explain the loan options, costs, eligibility requirements, repayment terms, and potential impact on your home equity and estate.

What does a reverse mortgage professional help with?

A reverse mortgage professional can help you review eligibility, understand available loan options, estimate potential proceeds, understand costs, complete the application, and navigate the closing process.

Can a reverse mortgage professional tell me if I qualify?

A professional can review your basic financial and property information and help determine whether you may meet the requirements for a reverse mortgage. Final eligibility depends on the applicable loan program and underwriting requirements.

Can I compare a reverse mortgage with other options?

Yes. Depending on your circumstances, alternatives may include a HELOC, home equity loan, refinance, cash out refinance, downsizing, or using other available assets. Comparing alternatives can help you make a more informed decision.

What should I discuss during a reverse mortgage consultation?

You should discuss your financial goals, home value, existing mortgage, desired use of funds, potential costs, repayment requirements, property responsibilities, and how the loan could affect your future plans and heirs.

Turn Your Home Equity into Lasting Financial Freedom

Marisol was extremely helpful and successful in resolving the problems associated with my loan. We are very happy with our new loan.
They were always available to answer my questions and made the entire process simple and straightforward. I got a great rate and the support I needed to close on time. I wouldn't hesitate to use them again or recommend them to family and friends!
I couldn't have had a more amazing experience with our realtor - Diane Phillips. Diane is extremely knowledgeable and personable. She got to know me and my...
Houtan and Marisol are a great team. They helped my dad with his refinance and made the process seamless. They answered every question we had and came up with solutions if we ran into any issues. Thanks again!
I had an amazing experience.I received all the information, support and they were very Knowledgeable of the information that I needed.
Excellent Mortgage Broker – Highly Recommended! I had an amazing experience working with Houtan and his team at Crestico. From start to finish, not only Houtan himself but his entire team made the mortgage process smooth, stress-free, and efficient. Their knowledge and expertise were evident at every step, ensuring I got the best possible loan terms. Communication was outstanding; Houtan was always available to answer my questions, explain complex details in a way that made sense, and guide me through the entire process with confidence. They were proactive, transparent, and truly had my best interests in mind. If you’re looking for a mortgage broker who is professional, reliable, and dedicated to helping you secure the best financing, I highly recommend Houtan and his team. I couldn’t have asked for a better experience!
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive, personable, and knowledgeable. He is incredibly reliable and would answer calls or emails within minutes when I had questions. I can't recommend Houtan enough for buying a house. We had been working directly with a large bank on a loan, and all seemed fine until we had an accepted offer, then we started having issue after issue where there was just no sense of urgency. We almost had to walk away from our house, but Houtan and his team were referred to us in mid escrow, helped us explore multiple options in parallel, and close on time. Houtan was very responsive and on top of everything, presented our options very clearly, patient with all our questions, and really understands the Los Angeles housing market.
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive,...
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive,...
As a first time home buyer, taking out a jumbo loan could’ve been quite scary. But Houtan and his team made it a pleasant experience. An amazing team who are always one step ahead of the process.
Easy to work with ! Professional people and honest!
Worked with Houtan. He got our loan closed super fast and got us a rate that was lower than what our bank offered us. I'm very happy with Crestico and i recommend them to anyone.
Finally a real professional with a heart! Working with Houton makes me feel like having a friend who is on my side, rather than a businessman who is always looking out for #1. He is extremely helpful, knowledgeable, and responsive. He was always happy to explain and strategize with me whenever I needed help. Unlike most realtors and lenders out there who don't want to use their brains and only do easy and mindless paperwork, Houtan has great analytical and investment insights to share with his clients. I wholeheartedly recommend him to anyone who values the rare combo of both thoughtfulness and top-notch expertise.
Thank you Houtan and the entire team for going above and beyond every single time. From the onset, you guys gather whatever is necessary to get the job done as quickly and efficiently as possible, always keeping constant communication. My rate and fees are disclosed and never change at the time of signing.
These guys were a godsend when searching for a home loan. I was first time home buyer and they helped out with the entire process. Everything from the customer service to making sure I was informed for every step of the process was handled exceptionally. I am absolutely ebullient with Houtan and his entire team have given me, and helping me transcend into the status of homeowner.
I have been working with Houtan for over 10 years. He and his office have always been great to work with. Excellent communication and great work ethic. I will definitely be back for my other mortgage needs in the near future.
Thank you Houtan and team for helping me secure my home loan! Great communication, customer service and rate! Look no further, call Crestico for all of your home loan needs.
I want to express my gratitude to Houtan and his team. Houtan is extremely knowledgeable and really takes the time to answer any questions that you have. He wants the best for his clients and I would recommend him to anyone.
I want to take a moment to express my gratitude for Houtan Hormozian and the exceptional service he provided in helping me secure a loan. From our very first conversation, he was attentive, understanding, and incredibly knowledgeable about the lending process. He took the time to explain all the details, answered all my questions patiently, and worked tirelessly to find the best options tailored to my needs. His professionalism and dedication made what could have been a stressful experience into one that was smooth and straightforward. Thanks to Houtan Hormozian, I was able to secure the financing I needed, and I couldn't be happier with the outcome. I highly recommend him to anyone in need of lending services. His commitment to his clients is truly commendable!
Houtan and his team are the best. They made the whole process of buying the house so easy for me. Houtan is very professional,knowledgeable , trustworthy and caring. He wants the best for his costumers. I highly recommend him to everyone.
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