Reverse Mortgage | HECM | East Bay | Katrina Carter
Access your home equity in retirement with a reverse mortgage. HECM and proprietary options with personalized counseling in the East Bay.
Reverse Mortgage | HECM | East Bay | Katrina Carter
Access your home equity in retirement with a reverse mortgage. HECM and proprietary options with personalized counseling in the East Bay.
Reverse Mortgage
How Reverse Mortgages Work
HECM — Standard
HECM — for Purchase
Proprietary Reverse Mortgage
Common Uses
Eligibility Requirements
Important Considerations
My Approach
Explore Your Home Equity Options
Navigation
Contact
Access your home equity in retirement without monthly mortgage payments. A reverse mortgage can supplement your income, pay off an existing mortgage, or fund home improvements — all while you keep ownership of your home.
A reverse mortgage (Home Equity Conversion Mortgage, or HECM) allows homeowners aged 62 and older to convert part of their home equity into cash. Unlike a traditional mortgage, you don't make monthly payments to the lender. The loan is repaid when you sell the home, move out, or pass away.
The most common reverse mortgage. FHA-insured with flexible disbursement options: lump sum, monthly payments, line of credit, or a combination. Personalized counseling is required.
Buy a new home with a reverse mortgage. Ideal for downsizing or relocating closer to family. You make a large down payment and the reverse mortgage covers the rest — no monthly payments.
For high-value homes exceeding the HECM limit, proprietary or jumbo reverse mortgages provide access to more equity. These are not FHA-insured but offer higher loan amounts for luxury properties.
You remain the owner of your home and must continue to pay property taxes, homeowners insurance, and maintain the property. A reverse mortgage is a complex financial product. I provide personalized counseling to ensure you understand every aspect before proceeding.
I take the time to educate you and your family about how reverse mortgages work, the costs involved, and whether it's the right fit for your retirement strategy. I also involve adult children or financial advisors when appropriate. Transparency is my priority.
Not sure if a reverse mortgage is right for you? I'll walk you through the numbers, the costs, and the alternatives — with no pressure.
Senior Mortgage Advisor at serving the East Bay with over 30 years of real estate experience.
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- Loan Programs Reverse Mortgage Access your home equity in retirement without monthly mortgage payments. A reverse mortgage can supplement your income, pay off an existing mortgage, or fund home improvements — all while you keep ownership of your home. How Reverse Mortgages Work A reverse mortgage (Home Equity Conversion Mortgage, or HECM) allows homeowners aged 62 and older to convert part of their home equity into cash. Unlike a traditional mortgage, you don't make monthly payments to the lender. The loan is repaid when you sell the home, move out, or pass away. HECM — Standard The most common reverse mortgage. FHA-insured with flexible disbursement options: lump sum, monthly payments, line of credit, or a combination. Personalized counseling is required. HECM — for Purchase Buy a new home with a reverse mortgage. Ideal for downsizing or relocating closer to family. You make a large down payment and the reverse mortgage covers the rest — no monthly payments. Proprietary Reverse Mortgage For high-value homes exceeding the HECM limit, proprietary or jumbo reverse mortgages provide access to more equity. These are not FHA-insured but offer higher loan amounts for luxury properties. Common Uses Eligibility Requirements Minimum Age 62 years old Primary Residence Required Equity Requirement Significant equity Financial Assessment Required Counseling HUD-approved Important Considerations You remain the owner of your home and must continue to pay property taxes, homeowners insurance, and maintain the property. A reverse mortgage is a complex financial product. I provide personalized counseling to ensure you understand every aspect before proceeding. My Approach I take the time to educate you and your family about how reverse mortgages work, the costs involved, and whether it's the right fit for your retirement strategy. I also involve adult children or financial advisors when appropriate. Transparency is my priority. Explore Your Home Equity Options Not sure if a reverse mortgage is right for you? I'll walk you through the numbers, the costs, and the alternatives — with no pressure. Schedule a Reverse Mortgage Consultation
- navigate('/')} className="block hover:text-white transition-colors">Home
- navigate('/about')} className="block hover:text-white transition-colors">About
- navigate('/services')} className="block hover:text-white transition-colors">Loan Programs
- navigate('/contact')} className="block hover:text-white transition-colors">Contact