The city and the county
Census QuickFacts lists San Buenaventura (Ventura) city, California. The population estimate is 109,914 as of July 1, 2025. The 2020 census counted 110,763 people, up from 106,433 in 2010. About 18.7 percent of residents are 65 or older. Owner-occupancy is 55.9 percent for 2020–2024, across 41,858 households. Median household income is $103,069. The poverty rate is 10.4 percent. Owner costs with a mortgage are $2,882 a month in that Census table, and $777 without one. Those are city estimates. They are not a current appraisal, and they are not Ventura County's numbers.
Oxnard, Camarillo, Ojai, and Santa Paula are other incorporated cities in the same county. Unincorporated coastal and foothill land is county jurisdiction even when the mail says Ventura. The City of San Buenaventura adopted its 2050 General Plan on October 21, 2025. It took effect November 20, 2025. The city describes that plan as active in non-coastal areas. A coastal permit question for Pierpont or the harbor is not answered by the inland plan alone.
Midtown, Downtown, and the coast
Midtown and Downtown are where many of the city's older houses stand. The 2025 citywide historic survey, which the City Council adopted on July 14, 2026, identifies potential districts. One of them is the Buenaventura Tract in Midtown, about 149 parcels of houses from the 1920s to the early 1940s. Island View Drive, in the Midtown foothills, is identified as a small group of late-1950s houses. The city's historic-preservation page says inclusion in the survey is not itself a landmark or district designation. A future designation would take a separate public process. Condition, permits, and occupancy still decide a loan file.
Pierpont is different. The city's survey materials quote the 2005 General Plan: a beach-oriented residential community inside the coastal zone, including the harbor and the Pierpont neighborhood. Those materials also say Pierpont Bay is the city's beachfront community. That description is not a flood-zone label and not a home value.
The Ventura Keys is a canal neighborhood in the city, not in Oxnard. The Ventura Keys Association's own history dates a 1964 opening and describes about 300 homes on the water and about 400 off the water. I am using those counts as the association's description, not as a Census figure and not as a price. A dock and a house a street inland are different appraisals. Farther east, newer tracts are where an association or a special tax is more common. I am not naming a tract or printing dues.
Coastal flood insurance
Flood risk in Ventura is the parcel, not the neighborhood name. The city's floodplain page says FEMA administers the National Flood Insurance Program and sets floodways and zones on Flood Insurance Rate Maps. The same page points readers to study maps for the Pierpont area, the Ventura River, and the Santa Clara River. Those sheets are a reason to look up the address. They are not a finding that every beach house, every Keys lot, or every harbor property is in a Special Flood Hazard Area.
A house near the ocean can sit outside the mapped high-risk zone. A house several blocks inland can sit inside it. If the lender requires flood insurance, the policy has to stay in force, and the premium is part of the budget. Coastal conditions can also change what a carrier will offer and what it costs. I am not printing a premium. The County Watershed Protection District, as the city describes it, collects a special property-related tax tied to regional flood compliance. The amount is whatever is on that parcel's bill.
Waterfront features change underwriting in a second way. A canal frontage, a private dock, a seawall, or a house that has taken weather can affect value and condition. The association's split between on-the-water and off-the-water homes is a reminder that the Keys is not one risk. The appraiser's report and the FEMA map for the address control.
A higher-value coastal home
The city median of $827,300 is under the 2026 FHA maximum claim amount of $1,249,125, so the illustration below uses the full Census value. A Pierpont or Keys house can appraise well above that median. Once the appraisal passes the cap, more value does not raise the FHA principal limit in proportion. The claim amount stops. The principal limit factor still applies to that capped amount. Comparable sales, condition, and coastal restrictions can move the appraisal without moving the FHA cap.
A proprietary reverse mortgage is the comparison when the cap binds, when the borrower is 55 to 61, or when FHA will not take the property. It is not automatically more proceeds. Rates, fees, mortgage insurance, non-recourse protection, and property rules differ by lender. I am not publishing a proprietary quote. The labeled $1,500,000 example further down shows where the FHA cap actually stops.
Hillside wildfire insurance
The Ventura City Council adopted an updated Fire Hazard Severity Zone map on July 1, 2025. The city's page says the map classifies more than 4,600 acres as High or Very High, using fire history, vegetation, terrain, fuel, weather, and community input. That is not the whole city. The fire department tells owners to enter an address. A foothill house and a house in Pierpont can be in different classes, and two hillside houses can differ from each other.
In the High and Very High classes, the city's Fire Hazard Reduction Program expects brush management by June 1, including vegetation within 100 feet or to the property line. That maintenance can show up as property condition. Hazard insurance the lender requires remains the owner's bill after closing, and the cost belongs in the retirement budget. A California FAIR Plan fire-only policy may not satisfy the lender if the coverage is narrower than the loan requires. I am not printing a premium.
Older homes, additions, and appraisals
An older Midtown or Downtown house can be a perfectly ordinary HECM property. The review is condition: roof, foundation, safety, and whether the work on the house was permitted. An unpermitted addition can reduce what the appraisal counts, or it can delay the file until the city is satisfied. An ADU has to be described as what it is. Living area, a rental, and a converted garage are not interchangeable in an appraisal.
The staff report on the citywide survey says the city already has five designated historic districts, and it names others only as potential districts. Survey inclusion does not designate the property. A designation, when one exists, does not by itself make the house ineligible. It can affect what work is allowed later. I am not assigning a designation to a particular street from a neighborhood name.
Dues and special taxes
HOA dues continue after closing where the covenants impose them. A special assessment does too. A Community Facilities District or other direct charge continues when it is on the Ventura County bill. Not every planned development has Mello-Roos. An older house in Midtown is less likely to have one than a newer tract. Condominium projects have their own master insurance and assessment history. I have not read a budget, so I am not printing a dollar. The governing documents and the tax bill for that parcel control, and those charges stay in the household budget after the reverse loan funds.
How much is left on the city median
The illustration uses the Census median of $827,300, borrower age 70, and the shared HECM factors as of 12 October 2026. The expected rate is 6.510%. HUD's principal-limit lookup rate is 6.500%. The factor at that age is 39.2%. The gross principal limit is $324,302. Initial mortgage insurance is $16,546, which is 2 percent of the claim amount. Financed costs are $19,346, using origination of $0 and $2,800 of third-party costs. The median is under the 2026 cap of $1,249,125, so the claim amount is the full Census value. HUD's origination formula on this claim amount is $10,273. The $6,000 cap binds. The cap is not what this table subtracts. The illustration uses $0.
At age 62 the gross principal limit on this value is $276,318. At 75 it is $348,293. At 80 it is $385,522. Those factors are looked up. Ages 70 and 71 use the same factor at this rate. The steps are not a straight line.
| Existing mortgage | Remaining proceeds | Additional first-year cash |
|---|---|---|
| None | about $304,956 | about $175,235 |
| $200,000 | about $104,956 | about $32,430 |
| $350,000 | short about $45,044 | about $0 |
Remaining proceeds are what is left after financed costs and the payoff. Additional first-year cash is often smaller. The rule is 24 CFR 206.25: the greater of 60 percent of the principal limit or mandatory obligations plus 10 percent of the principal limit, and never more than the principal limit. With no mortgage, 60 percent sets the cap, so additional cash is about $175,235. With a $200,000 payoff, mandatory obligations plus 10 percent pass the 60 percent line and still sit under the principal limit, so additional cash is about $32,430. A $350,000 payoff is larger than leftover proceeds of about $304,956. The shortfall is about $45,044. That is cash the borrower brings. It is not available proceeds, so additional first-year cash is about $0. See how the first-year limit works.
HUD's financial assessment still looks at credit, property-tax and insurance history, and residual income. A Life Expectancy Set-Aside can be required. It holds money back for taxes and insurance and reduces cash. Flood insurance or a wildfire policy, when the lender requires it, is one of those bills. I am not printing a set-aside amount. A file that is already short on the payoff has nothing left to set aside unless the appraisal comes in higher.
A house above the FHA cap
Some coastal houses are far above the city median. This next table is a clearly labeled hypothetical value of $1,500,000, age 70, and no existing mortgage. The claim amount is $1,249,125. That is the 2026 FHA maximum. The gross principal limit is $489,657. Initial mortgage insurance is $24,983. Financed costs are $27,783. About $461,874 remains. Additional first-year cash is about $266,011. HUD's origination formula on the cap is $14,491, and the $6,000 cap binds. The cap is not subtracted. The illustration uses $0 of origination. The value above $1,249,125 does not raise the FHA principal limit.
| Item | Amount |
|---|---|
| Hypothetical value | $1,500,000 |
| Maximum claim amount | $1,249,125 |
| Gross principal limit | $489,657 |
| Remaining proceeds | about $461,874 |
| Additional first-year cash | about $266,011 |
A proprietary reverse mortgage is worth pricing on that house because the FHA cap has bound. It is not automatically more proceeds. FHA mortgage insurance and the HECM non-recourse limit stay with the FHA loan. A proprietary program sets its own age, fees, rate, and property rules, and the balance still grows. A coastal condition problem, a flood-insurance gap, or a use the lender will not take can fail either product. I am not publishing a lender's proprietary rate or a proceeds figure. Taxes, insurance, and any dues continue either way.
Keeping a low-rate first
A Reverse Mortgage Second, where the program allows it, leaves the existing first mortgage in place. The first-mortgage payment continues. The reverse second has no required monthly principal-and-interest payment where that product's terms say so. The two balances together still have to fit the available equity. Closing costs apply. The property still has to be eligible, including whatever flood or fire insurance the lender requires. I am not printing a rate or a proceeds figure for a second.
On this median, a full refinance that pays off $350,000 is short by about $45,044. That is a weak trade if the first mortgage is a low fixed rate the household can still carry. The second does not make the first payment disappear. Over time both balances can matter to heirs. Doing nothing remains an option.
HECM for Purchase in Ventura
A HECM for Purchase uses the same age and rate factors, with the purchase price in place of the refinance value. At $827,300, age 70, and no earnest money, buyer funds are about $522,344. That is the price minus leftover proceeds before any existing-mortgage payoff. It excludes repairs, taxes, insurance, and dues. The illustration uses the city median as a hypothetical purchase price. It is not a quote for a house in Pierpont or the Keys. A hypothetical $1,500,000 purchase, still with no earnest money, needs about $1,038,126, because the claim amount stops at $1,249,125.
The purchase might be a smaller house in the city, a move closer to adult children, a single-level house, an eligible condominium, or a way to stay near the coast after selling a larger home. A flood zone, a fire zone, and an association are eligibility and budget questions. Qualification is not guaranteed. Buying inside the city does not move a Proposition 13 base by itself.
Ventura County property taxes
Property taxes remain payable after closing. The bill comes from Ventura County. Proposition 13 can leave a longtime owner with an assessed value well below the market value used in the HECM. That gap is common for people who have owned a coastal house for decades. The assessor's value is not the appraisal. A supplemental bill can follow new construction or a change in ownership. Special assessments, the watershed charge the city describes, and HOA dues are separate from the base tax.
Proposition 19 can matter if you move. The Board of Equalization says a base-year transfer on or after April 1, 2021, is available to a homeowner who is at least 55 when the replacement principal residence and the claim meet the statute. You file with the Ventura County Assessor. A more expensive replacement can still increase the taxable value. The Proposition 19 article is the longer explanation. I am not promising an exemption or a tax savings. The transfer also does not reduce the cash due at a purchase closing.
Condos and manufactured homes
A condominium needs a project FHA will accept, or a single-unit approval where that path is open, plus a master insurance policy the lender can use. Dues and special assessments continue. A coastal or harbor project can have a flood-insurance requirement the inland project does not. I am not publishing a list of approved Ventura projects. More on the building side is in the California condominium article.
A manufactured home on land you own, with a permanent foundation and a real-property title, is the usual HECM path. California can leave a home registered as personal property. A coach on a leased space is someone else's land. The city's Pierpont description mentions a mobile home park in that community. I am not treating that park, or any other, as eligible. The title report shows which file you have. More detail is on the manufactured-home eligibility page.
HECM, proprietary, Reverse Mortgage Second, or keep the first
| Choice | When it is the one to price |
|---|---|
| FHA HECM | You are 62 or older, the house is your principal residence, and the value is at or under the $1,249,125 cap, as this city's median is. You can accept FHA mortgage insurance. Flood or fire insurance, if the map and the lender require it, stays your bill. |
| Proprietary reverse mortgage | You are 55 to 61, FHA will not take the property, or the appraisal is above the cap, as in the $1,500,000 example. On this median the HECM already uses the full value. More proceeds are not guaranteed. |
| Reverse Mortgage Second | You want to keep a low-rate first that is fixed and fully amortized. The first mortgage payment continues. The second does not pay the first off. |
| Keep the current mortgage | A payoff near $350,000 is short by about $45,044, or the rate on the first is worth keeping. No reverse-mortgage costs, and no new balance growing in the background. |
California Civil Code 1923.2(k) requires a seven-day wait after HUD-approved counseling before the loan documents are signed. Counseling is still required. You keep title on each of the loan choices. You keep the Ventura County tax bill, the insurance, the maintenance, any HOA dues, and any assessment the documents impose. Doing nothing is a real option when the payoff is short by about $45,044.
Questions Ventura homeowners ask
These answers match the illustrations above. A search engine may or may not show them as rich results. The page does not depend on that.
How much can I qualify for on my Ventura home?
On the Census median of $827,300 for owner-occupied homes in San Buenaventura (Ventura) city, 2020–2024, an age-70 illustration leaves about $304,956 before any mortgage payoff. Additional first-year cash is about $175,235. The principal limit factor is 39.2% at a HUD lookup rate of 6.500%. The median is under the 2026 cap of $1,249,125, so this example uses the full city value. Your appraisal, age, and existing mortgage change the result. The figure is the city, not Ventura County, Oxnard, or Camarillo.
Can I get a reverse mortgage in Pierpont?
Sometimes, if the house is your principal residence and the parcel is inside the city. The city's historic-survey materials describe Pierpont as Ventura's beachfront community, inside the coastal zone, and they include the harbor. Being near the ocean does not put every lot in a FEMA Special Flood Hazard Area. If the lender requires flood insurance, you keep paying it. I am not assigning a flood zone or a premium.
Can I qualify in the Ventura Keys?
Sometimes. The Ventura Keys Association describes a canal neighborhood in the City of Ventura, with about 300 homes on the water and about 400 off the water. Those two groups are not the same flood file. A dock, a seawall, and a house a street back can appraise differently. I am not printing association dues or a neighborhood price.
Does coastal flood insurance affect eligibility?
It can affect the budget, and it can be required. FEMA's map for the parcel decides whether the lender must require flood insurance. A house near the beach, the harbor, the Ventura River, or the Santa Clara River is not automatically in a Special Flood Hazard Area. The city's floodplain page points owners to those FEMA maps. If the policy is required, it stays your bill after closing. I am not printing a premium.
Can I qualify with a waterfront home?
Often, if you own it, live in it, and the property meets the program's condition rules. Waterfront access can change the appraisal and the insurance. It does not skip the maximum claim amount. On a value above the 2026 cap, FHA still stops at that cap. A proprietary program is a separate comparison, and I am not publishing a proprietary quote.
Does an ocean view affect my appraisal?
It can, because the appraiser uses comparable sales. A view does not change the principal limit factor, and it does not raise the FHA claim amount above the 2026 cap. Two houses with the same view can still differ in condition, flood insurance, and what is owed.
Can I qualify with a historic home?
Often. A historic designation does not by itself disqualify a house. The city's survey staff report lists designated districts, and it also identifies potential districts, including the Buenaventura Tract in Midtown. Inclusion in the survey is not a designation. Condition, permitted work, and whether the house is your principal residence still control.
What if my home has an unpermitted addition?
The appraiser and the lender have to account for it. Unpermitted space may be given little or no value, or the file may need the city to sign off before closing. An ADU has to be classified correctly. I am not guessing which Midtown or Downtown additions were permitted.
Does wildfire insurance affect eligibility?
The insurance the lender requires has to be obtainable and payable. The City Council adopted a fire-hazard map on July 1, 2025, that classifies more than 4,600 acres as High or Very High. The rest of the city is outside those classes. A FAIR Plan fire-only policy may not satisfy the lender. I am not printing a premium, and I am not assigning one zone to every hillside house.
Can I qualify on a hillside property?
Sometimes. Access, slope, defensible space, the roof, and the exterior can show up in the appraisal and in the insurance. The July 1, 2025 map is an address lookup, not a neighborhood label. A foothill lot and a Pierpont lot are different files.
Do HOA dues continue?
Yes, where the documents impose them. Special assessments and any Community Facilities District charge continue as well. Not every newer tract on the east side of the city has Mello-Roos. I have not read a budget, so I am not printing a dollar. The tax bill and the governing documents control.
Can I qualify if I owe $200,000?
On this city median, at age 70, a $200,000 payoff still fits. About $104,956 remains after the payoff and the modeled costs. Additional first-year cash is about $32,430, which is smaller than the remaining proceeds. Your appraisal can move both numbers.
What if I owe $350,000?
On this median, at age 70, a $350,000 payoff does not fit. The illustration is short by about $45,044. That is money the borrower brings. It is not proceeds. Additional first-year cash is about $0. A higher appraisal or a different age changes the arithmetic. Keeping the current mortgage can be the cleaner choice.
Can I keep my low-rate first mortgage?
A Reverse Mortgage Second is the comparison that leaves the first mortgage in place. The first-mortgage payment continues. The reverse second, where the product allows it, has no required monthly principal-and-interest payment of its own. I am not printing a second-mortgage rate. A full refinance that pays off a low fixed rate is a different trade.
Is a proprietary reverse mortgage better for a $1.5 million home?
Not automatically. On a labeled hypothetical of $1,500,000 at age 70, FHA's claim amount stops at $1,249,125. About $461,874 remains before any payoff. A proprietary loan can be priced because the cap has bound. It can also cost more, grow differently, or decline the property. I am not publishing a proprietary proceeds figure.
Can I qualify at age 55?
Not on an FHA HECM. That program generally starts at 62. Some proprietary programs consider borrowers from 55, if the lender and the property qualify. Age 55 does not mean the same proceeds, mortgage insurance, or non-recourse terms as an FHA loan.
Can I use a HECM for Purchase in Ventura?
Yes, the program exists. At the city median of $827,300, used here as a hypothetical purchase price, age 70, and no earnest money, buyer funds are about $522,344. A hypothetical $1,500,000 purchase needs about $1,038,126, because the claim amount stops at the cap. The figure excludes repairs, taxes, insurance, and dues. Qualification is not guaranteed.
Can I get a reverse mortgage on a condominium?
Sometimes. The project needs an FHA approval the lender can use, or a single-unit approval where that path is open, plus master insurance. Dues and special assessments continue. I am not publishing a list of approved Ventura projects.
Can a manufactured home qualify?
Sometimes, when you own the land, the home is real property, and it sits on a permanent foundation that meets the program. A coach on a leased space is a different file. California can leave a home titled as personal property. I am not naming a park.
Do I still pay property taxes?
Yes. Property taxes, insurance, maintenance, HOA dues, and any assessment continue. Proposition 13 can leave a longtime owner with an assessed value below the market value used for the loan. The Ventura County tax bill is still due. A reverse mortgage does not pay it for you unless a set-aside was built for that purpose.
Could Proposition 19 help if I move?
It might, if you are at least 55 and the replacement home and the claim meet the statute. You file with the Ventura County Assessor. A more expensive replacement can still raise the taxable value. The transfer does not reduce the cash due at a HECM for Purchase closing. I am not promising a tax savings.
Does my home need an appraisal?
Yes. The lender orders it. An ocean view, a canal frontage, an older foundation, an unpermitted addition, or hillside access can all show up in that report. The Census median is not your value.
Can I establish a line of credit?
An adjustable-rate FHA HECM can include a line of credit. The unused portion may grow. The first-year limit still applies. On this median with no mortgage, additional first-year cash is about $175,235, not the full $304,956. Not every proprietary program offers a growing line.
What happens when I die?
The loan becomes due. Heirs can sell the home, repay the balance and keep it, or, when the program allows, deed the property to the lender. An FHA HECM is non-recourse, so the repayment obligation is generally limited to the home. A proprietary program sets its own rule. The balance has been growing. Taxes and insurance still have to be handled during the repayment period.
Is Oxnard part of Ventura?
No. Oxnard, Camarillo, Ojai, and Santa Paula are separate cities in Ventura County. This page uses the Census geography for San Buenaventura (Ventura) city. A Ventura mailing address, a Ventura ZIP code, or a county statistic is not the city limit.
When might a reverse mortgage not make sense?
When the payoff does not fit. On this median, a $350,000 mortgage is short by about $45,044. It also may not make sense if you cannot keep taxes, flood insurance, or fire insurance current, if the house is not your principal residence, if you plan to move soon, or if a low-rate first mortgage is worth more than the cash a full refinance would leave.
Sources for Ventura facts
These are the local and program facts this page relies on. Last substantively reviewed 21 October 2026. I do not invent city-level FHA HECM endorsement counts. HUD Snapshot files are loan-level records and do not publish a ready-made City of Ventura total.
| Claim | Source | Geography / date | Borrower implication |
|---|---|---|---|
| City median owner-occupied value $827,300; owner occupancy 55.9%; 18.7% age 65+; population estimate 109,914; 2020 census 110,763; 2010 census 106,433; 41,858 households; owner costs $2,882 with a mortgage and $777 without; median household income $103,069; poverty 10.4% | Census QuickFacts, San Buenaventura (Ventura) city, California U.S. Census Bureau | San Buenaventura city, not Ventura County, Oxnard, Camarillo, Ojai, or Santa Paula ACS 2020–2024; population estimate 1 July 2025 | A historical Census estimate, under the 2026 HECM cap. Not a current appraisal or a neighborhood price. |
| The City of San Buenaventura adopted its 2050 General Plan on October 21, 2025, effective November 20, 2025. The city describes that plan as active in non-coastal areas | City of Ventura General Plan page City of San Buenaventura | City general plan; coastal areas called out separately Adopted 21 October 2025; effective 20 November 2025 | A coastal permit question is not answered by the inland plan alone. Oxnard has its own general plan. |
| The 2025 citywide historic survey was adopted by the City Council on July 14, 2026. Survey inclusion does not designate a landmark or district. The staff report identifies the Buenaventura Tract, about 149 Midtown parcels from the 1920s to the early 1940s, and Island View Drive as potential districts, and it says the city already has five designated districts | Historic Preservation page and citywide historic-district staff report City of Ventura | Citywide survey, with named potential districts in Midtown Survey adopted 14 July 2026; staff report reviewed 21 October 2026 | A potential district is not a designation. Designation does not by itself disqualify a HECM. |
| Pierpont is described as the city's beachfront community inside the coastal zone, including the harbor. The Ventura Keys Association describes a canal neighborhood in the city, with about 300 homes on the water and about 400 off the water, and dates an opening to 1964 | City historic-survey staff report for Pierpont; Ventura Keys Association about page City of Ventura; Ventura Keys Association | Pierpont and the Ventura Keys inside the city, not Oxnard City survey materials and association page checked 21 October 2026 | Neither description is a home value, a flood zone, or an HOA dues amount. |
| The city floodplain page says FEMA sets flood zones on Flood Insurance Rate Maps and points to study maps for the Pierpont area, the Ventura River, and the Santa Clara River. The County Watershed Protection District collects a special property-related tax for regional flood compliance | City of Ventura Floodplain Management page City of Ventura; FEMA National Flood Insurance Program | Parcel-specific; study maps are not a citywide zone assignment City page checked 21 October 2026 | A house near the ocean is not automatically in a Special Flood Hazard Area. No premium is printed. |
| The City Council adopted an updated Fire Hazard Severity Zone map on July 1, 2025. The map classifies more than 4,600 acres as High or Very High. Owners in those classes complete brush management by June 1 | City Fire Hazard Severity Zones and Hazard Reduction page City of Ventura Fire Department | Address-level zones inside the city; not every hillside parcel Map adopted 1 July 2025; page checked 21 October 2026 | Fire exposure is the parcel. No premium is printed. A FAIR Plan fire-only policy may not satisfy the lender. |
| 2026 HECM maximum claim amount $1,249,125. Age-70 factor 39.2% at a 6.500% HUD lookup rate. Expected rate 6.510% as of 12 October 2026. Initial MIP is 2.00% of the claim amount. This page's origination is $0. HUD's formula on the city median is $10,273 and the $6,000 cap binds | Shared HECM illustration and hecm-factors.md, from HUD Mortgagee Letter 2025-22 and 24 CFR 206.3, 206.25, and 206.31 U.S. Department of Housing and Urban Development | Program rules applied to the San Buenaventura city median and a labeled $1,500,000 hypothetical Factors as of 12 October 2026 | The $350,000 payoff does not fit on the city median. The $1,500,000 example is capped. Figures are not a commitment to lend. |
Who Jay Zayer is
I'm Jay Zayer, a Certified Reverse Mortgage Professional. Eighteen years of my work has been reverse mortgages only. I do not keep an office in Ventura. I am not describing closings, clients, or a personal history in the city.
I compare the FHA HECM, proprietary programs, a Reverse Mortgage Second, and a HECM for Purchase on the house in front of us. I typically charge no origination fee. Third-party costs and FHA mortgage insurance can still apply. My NMLS number is 307713. I am licensed in California, DRE #01456165 and #01450361. I am also licensed in Arizona as mortgage loan originator AZ #1022722. The business address is San Marcos, California.
If a reverse mortgage is the wrong answer, I will say so. Call 760-271-8646 or book a Quick Chat at calendly.com/jmzayer/quick-chat-10-min. More background is on the About page and service areas.
Jay Zayer, CRMP
Zyng Mortgage (NMLS #76801)
NMLS #307713 | CA DRE #01456165 | CA DRE #01450361 | AZ #1022722
760-271-8646 | Jay@ReverseMortgage.Coach
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