Loading
Loading
San Anselmo homeowners have built serious equity over decades. Marin County property values are among the highest in California.
A reverse mortgage lets you tap that equity without selling. No monthly payments required — you stay in the home.
62 years old
Minimum Age
Not required
Monthly Payments
Required
HUD Counseling
Due on sale or exit
Loan Repayment
Fixed or adjustable
Rate Type
Reverse Mortgages in San Anselmo
You must be 62 or older. The home must be your primary residence — not a rental or second property.
You need significant equity. Lenders also check that you can cover taxes, insurance, and basic maintenance.
Local decision guide
Use this guide to connect reverse mortgages eligibility, lender expectations, and local market factors before comparing payment options in San Anselmo.
San Anselmo homeowners have built serious equity over decades. Marin County property values are among the highest in California.
A reverse mortgage lets you tap that equity without selling. No monthly payments required — you stay in the home.
You must be 62 or older. The home must be your primary residence — not a rental or second property.
Most reverse mortgages are FHA-backed HECMs — Home Equity Conversion Mortgages. That acronym is the product you'll hear most.
We shop across 200+ wholesale lenders. Reverse mortgage pricing varies more than people expect — terms differ meaningfully by lender.
High-value San Anselmo homes sometimes exceed standard HECM loan limits. Proprietary reverse products can access more equity in those cases.
Many borrowers use a reverse mortgage line of credit — not a lump sum. The unused line grows over time. That surprises most people.
HELOCs and home equity loans require monthly payments. A reverse mortgage does not — that's the core difference for retirees on fixed income.
Conventional cash-out refinances also require payments. If your income is limited, those options can strain a retirement budget fast.
San Anselmo sits in one of the most equity-rich zip codes in the country. Long-term owners here often have seven-figure home equity.
Marin property taxes are substantial. A reverse mortgage can help cover those costs without touching retirement savings.
No. You remain on title and own the home. The lender places a lien — just like a regular mortgage.
Your heirs can sell the home to repay the loan or refinance it. They keep any equity above what's owed.
Yes. Proprietary jumbo reverse products exist for homes that exceed standard HECM limits. We'll identify which product fits.
Yes — it's mandatory before any HECM closes. It protects you and takes about 60–90 minutes with an approved counselor.
Yes. You can choose a lump sum, monthly payments, a line of credit, or a combination. Most San Anselmo borrowers use the line of credit.
The reverse mortgage pays off your existing loan first. The remaining proceeds come to you.