Rohnert Park is one of California's original planned cities, laid out along Highway 101 in lettered neighborhood sections, each with its own park and school, and home to Sonoma State University. We help Rohnert Park buyers, homeowners and investors with FHA, VA, conventional and rental property financing. A reverse mortgage in Rohnert Park lets homeowners age 62 and older convert part of their home equity into cash, a line of credit or monthly income while continuing to own and live in the home, with no monthly mortgage payment required. Pacific National Lending explains reverse mortgages honestly so Rohnert Park homeowners and their families can decide with confidence.
Call Pacific National Lending for a reverse mortgage in Rohnert Park: (916) 526-2700
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Rohnert Park is one of the more affordable cities in Sonoma County, so it draws first-time buyers, commuters to Santa Rosa and Marin, and investors serving the Sonoma State rental market. A large share of the housing is condos and townhomes, where HOA and project approval matter as much as the borrower, while the University District offers new construction to compare against resale homes. A reverse mortgage is a non-recourse loan: neither you nor your heirs will ever owe more than the home is worth when it is sold. Heirs can keep the home by paying off the balance or refinancing, or sell it and keep any remaining equity. We explain these outcomes clearly to every Rohnert Park family.
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Housing includes 1960s and 70s ranch homes in the original A and B sections, 1980s and 90s homes in the G and M sections, condos and townhomes near Rohnert Park Expressway and Golf Course Drive, and new homes in the University District and Willowglen. Proceeds from an Rohnert Park reverse mortgage can be taken as a lump sum, monthly payments, a growing line of credit or a combination. Many homeowners choose the line of credit, which grows over time and can be tapped as needed without a monthly payment.
Reverse mortgages can also be used to purchase a home in Rohnert Park. 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.
We help borrowers with a reverse mortgage throughout Rohnert Park, including University District, M Section, G Section, A Section, and across Sonoma County. Rohnert Park is roughly two hours from our Gold River office, and we complete Rohnert Park loans remotely.
Call Pacific National Lending at (916) 526-2700 or start your application online. We will review your goals, explain your options in plain English and give you real numbers for a reverse mortgage in Rohnert Park.
Apply HereLearn more about the program itself: Reverse Mortgage · All loan options · Purchase · Refinance · Today's rates
Area photo: "East side Pear Ave, Sunnyvale" by Yngvadottir, CC BY-SA 4.0.
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