Galen Elise Call, CRMP. Certified Reverse Mortgage Professional Monterey California

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CRMP

Is a reverse mortgage right for you?

Get the facts from a qualified reverse mortgage specialist.

Who Might Benefit from Knowing More About Reverse Mortgages?
• Seniors looking to improve cash flow.
• Adult Children looking to help their parents age in place.
• Trusted Advisors wanting to protect their clients’ interest.
• Realtors wanting to help seniors purchase a new home.

Galen Call Reverse Mortgage Specialist

Galen Elise Call, CRMP

Certified Reverse Mortgage Professional
NMLS 226129

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galencall February 25, 2014

Retiring on the House; Reverse Mortgages for Baby Boomers

In a recent New York Times article, it was stated that as baby boomers age, reverse mortgages are expected to gain popularity as a means of covering living expenses. Hence, in the future, more homes passed on to children will come with a bill attached — the balance due on these equity loans.

Federally insured reverse mortgages, officially issued as part of the Home Equity Conversion Mortgage program, are a way for homeowners 62 and older to borrow money using their home equity as collateral. The proceeds must first be used to pay off any remaining balance on the mortgage, which frees homeowners from monthly payments. Interest and monthly insurance premiums are charged throughout the life of the loan, and the total becomes due when the borrower dies (or permanently moves out of the home). read more

Filed Under: reverse mortgage, Reverse Mortgage HECM Tagged With: reverse mortgage

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GALEN ELISE CALL, CRMP


Certified Reverse Mortgage Professional

Call Today: 831-645-1164
gcall@apmortgage.com

NMLS #226129 | DRE #00908338
APMC DRE #01215943 | APMC NMLS #1850

APM Reverse Mortgage Group

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Licensed by the Department of Corporations under the California Residential Mortgage Lending Act

Licensed by the Department of Financial Protection and Innovation under the CRMLA

California zip codes served: 93940, 93901, 93905, 93908, 93921, 93933, 93943, 93950, 93953, 93955, and 93962

Not available in New York.

Copyright © 2025 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies are subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans are subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.

3000 Lava Ridge Ct. Suite 103
Roseville, GA 95661

Branch NMLS #150590

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