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Rialto homeowners 62 and older have built real equity over the years. A reverse mortgage lets that equity work for you — without monthly payments.
San Bernardino County has seen strong appreciation cycles. Many Rialto seniors are sitting on more equity than they realize.
62 years old
Minimum Age
None required
Monthly Payments
HECM (FHA-backed)
Loan Type
Sale, move-out, or death
Repayment Trigger
Significant equity needed
Equity Requirement
Reverse Mortgages in Rialto
You must be 62 or older and live in the home as your primary residence. The home must have enough equity to meet program minimums.
Lenders require a financial assessment to confirm you can cover taxes, insurance, and maintenance. Failing that review is the top reason borrowers get denied.
Local decision guide
Use this guide to connect reverse mortgages eligibility, lender expectations, and local market factors before comparing payment options in Rialto.
Rialto homeowners 62 and older have built real equity over the years. A reverse mortgage lets that equity work for you — without monthly payments.
San Bernardino County has seen strong appreciation cycles. Many Rialto seniors are sitting on more equity than they realize.
You must be 62 or older and live in the home as your primary residence. The home must have enough equity to meet program minimums.
Most reverse mortgages are HECMs — Home Equity Conversion Mortgages — backed by FHA. Not every lender offers them. Fewer still specialize in them.
At SRK CAPITAL, we work with 200+ wholesale lenders. We find the ones who actually know this program, not the ones who dabble in it.
The biggest mistake seniors make: waiting too long. The older you are and the more equity you have, the larger your available proceeds.
Watch out for high origination fees. Some retail lenders pad them. Shopping wholesale with SRK CAPITAL keeps more money in your pocket.
A HELOC gives you a credit line but requires monthly payments. A reverse mortgage does not. For fixed-income seniors, that difference is significant.
Home Equity Loans also require payments. If cash flow is tight, a reverse mortgage is often the cleaner solution for Rialto homeowners.
Rialto sits in the Inland Empire, where many long-term homeowners have held their properties for decades. That longevity often means substantial equity.
San Bernardino County property taxes can sting on a fixed income. A reverse mortgage can help cover those costs without draining savings.
Yes. You keep the title. The loan is repaid when you sell, move out, or pass away.
You can stay in the home as long as it's your primary residence. There's no loan term forcing you out.
If your spouse is a co-borrower or eligible non-borrowing spouse, they can remain. Review this carefully before closing.
Reverse mortgage proceeds are loan advances, not income. They are generally not taxable — confirm with your tax advisor.
FHA requires the property to meet minimum condition standards. Required repairs may need to happen before or at closing.
It depends on your age, home value, and current interest rates. Rates vary by borrower profile and market conditions.