Reverse Mortgages Near You - East Bay Reverse Mortgage Lender
Lanny Clark
C2 Certified Reverse Mortgage Specialist
NMLS #242792 | DRE #0118730
(510) 621-5917
Shop for the best deals for East Bay reverse mortgages
Lanny Clark works with C2 Financial Corporation-a California-based mortgage lender. Today over 100 of C2’s originators are ‘C2 Reverse Mortgage Certified’ to ensure the highest level of professionalism and integrity for borrowers who are seeking to learn more about either proprietary (private) or federally insured reverse mortgages.
C2 was recognized in 2018 Mortgage Executive Magazine as the 'Top Mortgage Broker in the Country' and as one of the '50 Best Companies to Work For' in addition to being featured in the National Mortgage Professional Magazine, and has published several articles in the Scotsman Guide, a key industry publication.
Our team of originators has a team of experienced professionals who are familiar with the specific needs of homeowners in San Leandro, Danville, Lafayette, Walnut Creek, Hayward, and Castro Valley. We can walk you through the questions you’re certain to have and the process should you decide to utilize your home’s value to create more cash flow in retirement.
What is a reverse mortgage?
A reverse mortgage is a game changer for many retirees and one of the most unique and flexible mortgage loans. Quite simply, this loan allows retirees to have their cake and eat it too by unlocking the value of their property. Applicants have to be at least 62 years of age for the federally-insured reverse mortgage known as the Home Equity Conversion Mortgage. This loan allows access to a portion of your home’s value without the need to sell and move. Homeowners can draw down funds in several different ways including a popular line of credit, all without the stress and inconvenience of having to sell their home.
The strength of this incredible product is that as long as the terms of the loan are met, there is no need to repay it until either the homeowner sells the residence or the last surviving borrower passes away..
How many have got a reverse mortgage in my area?
Here’s one example. Over 2,400 homeowners currently have a reverse mortgage in the greater Oakland area and 214 of them have utilized the power of this outstanding loan in the last 12 months alone.
Contact your East Bay reverse mortgage lender today.
Lanny Clark and his team at C2 Financial are keen to address all of your inquiries about reverse mortgages. Call Lanny today at (510) 621-5917.
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