Reverse Mortgage in Carmichael, CA

Reverse Mortgage in Carmichael, CA

Carmichael is an established Sacramento County community along Fair Oaks Boulevard and the American River, with some of the region's most desirable mid-century neighborhoods. We finance purchases and refinances across Carmichael, from starter homes near Manzanita Avenue to estates in Del Dayo. For many Carmichael retirees, the home is their largest asset and their largest expense. A reverse mortgage can eliminate the monthly mortgage payment, provide a reserve for medical costs or home repairs, or simply make retirement more comfortable, and the homeowner keeps the title.

Call Pacific National Lending for a reverse mortgage in Carmichael: (916) 526-2700

A Family Conversation, Not a Sales Pitch

Housing is mostly 1950s to 70s ranch homes on generous lots, with custom and estate homes near the river in Del Dayo and along the bluffs, plus some newer infill along Fair Oaks Boulevard. Our reverse mortgage process in Carmichael begins with an honest conversation about whether it is the right tool, and sometimes it is not. If a reverse mortgage fits, we help schedule the required HUD counseling session, order the appraisal and guide you through closing, usually in four to six weeks.

Reverse mortgages can also be used to purchase a home in Carmichael. The HECM for Purchase program lets buyers 62 and older combine a larger down payment with reverse mortgage proceeds to buy a new home with no monthly mortgage payment, which is popular with downsizers and those moving closer to family.

Our a reverse mortgage clients in Carmichael come from Del Dayo, Carmichael Park, Ancil Hoffman Park area, Fair Oaks Boulevard corridor and every other part of the American River communities. Carmichael is about fifteen minutes from our Gold River office.

For a reverse mortgage in Carmichael, call Pacific National Lending at (916) 526-2700 or use the secure application on this page. A licensed loan officer will follow up within one business day.