California Senior Housing Resources

We have put together this page to help seniors in California find help and information pertaining to housing issues, including foreclosure, renting, and home ownership. CA is the most populous of the 50 states, boasting nearly 40 million people, 10% of whom are over the age of 60.

Below, you will find:

  1. Relevant HECM data
  2. Local HUD offices
  3. Local housing counselors

Want to learn more? Click here to get free information about a reverse mortgage!

Largest California Reverse Mortgage Lenders

More HECM loans have been originated in California (16,000+) than in the next two states, Texas & Florida, combined. Because of the enormous market, there is no shortage of lenders offering the product. Below, you will find a list of the largest lenders, along with a list of the largest since 2012, when major players such as Wells Fargo and Bank of America exited the industry.

All Time:

Lender Loans Total Principal Limit
WELLS FARGO 36137 11814037492
FINANCIAL FREEDOM SENIOR FUNDING CORP 8536 2280998657
AMERICAN ADVISORS GROUP 6087 2481871334
GENWORTH FINANCIAL HM EQUITY ACCESS INC 5762 1823800585
SEATTLE MORTGAGE COMPANY 5107 1363728477
BANK OF AMERICA 5082 2058458356
ONE REVERSE MORTGAGE LLC 3176 1208253650
GENERATION MORTGAGE COMPANY 2807 895294771
SENIOR FUNDING ASSOCIATES 2779 1025933614
REVERSE MORTGAGE SOLUTIONS INC 2755 1245900728
SECURITY ONE LENDING 2730 1083933518
LIBERTY HOME EQUITY SOLUTIONS INC 2206 944383042
METLIFE BANK NATIONAL ASSOCIATION 2119 870956493
LIBERTYSTREET FINANCIAL GROUP 2044 734431628
HOME CENTER MORTGAGE 1962 611306897
HIGH TECH LENDING INC 1927 889665421
REVERSE MORTGAGES OF CA IN 1925 531185156
NEW HORIZONS REVERSE MORTGAGE INC 1766 542298077
AMERICAN PACIFIC MORTGAGE 1704 660465740
PACIFIC REVERSE MORTGAGE INC 1521 436204336

Since 2012:

Lender Loans Total Principal Limit
AMERICAN ADVISORS GROUP 5252 2181369014
REVERSE MORTGAGE SOLUTIONS INC 2698 1226878198
LIBERTY HOME EQUITY SOLUTIONS INC 2087 894228042
ONE REVERSE MORTGAGE LLC 1941 776359100
HIGH TECH LENDING INC 1725 810339838
FINANCE OF AMERICA REVERSE LLC 1065 461807307
OPEN MORTGAGE LLC 1055 478753110
SYNERGY ONE LENDING INC. 917 466894547
AMERICAN PACIFIC MORTGAGE 890 385340890
REVERSE MORTGAGE FUNDING LLC 878 427171450

Want to learn more? Click here to get free information about a reverse mortgage in California!

Rates

Every month, the HUD publishes data on all of the reverse mortgages that closed. The data indicate the interest rate on the loan, which is likely the most reliable source for gauging the market. You may not be able to find the exact rate listed here – these are averages after all – but this table should give you a solid starting point in your search.

Date Fixed Rate Adjustable Rate
2015-01-01 4.87% 2.86%
2015-02-01 4.94% 2.93%
2015-03-01 4.91% 3.00%
2015-04-01 4.90% 3.11%
2015-05-01 4.89% 3.13%
2015-06-01 4.87% 3.17%
2015-07-01 4.85% 3.24%
2015-08-01 4.89% 3.24%
2015-09-01 4.90% 3.24%
2015-10-01 4.92% 3.26%
2015-11-01 4.88% 3.32%
2015-12-01 4.89% 3.40%
2016-01-01 4.90% 3.51%
2016-02-01 4.90% 3.62%
2016-03-01 4.88% 3.80%
2016-04-01 4.92% 3.91%
2016-05-01 4.89% 4.01%
2016-06-01 4.88% 4.09%
2016-07-01 4.92% 4.14%
2016-08-01 4.91% 4.26%
2016-09-01 4.89% 4.42%
2016-10-01 4.83% 4.49%
2016-11-01 4.87% 4.57%
2016-12-01 4.84% 4.64%
2017-01-01 4.84% 4.67%
2017-02-01 4.81% 4.64%
2017-03-01 4.90% 4.56%
2017-04-01 4.93% 4.48%
2017-05-01 4.91% 4.43%
2017-06-01 4.95% 4.40%
2017-07-01 4.92% 4.41%
2017-08-01 4.92% 4.46%

Top Cities by Total HECM Originations

Rank City Zip Total
1 LOS ANGELES 90062 11175
2 SAN DIEGO 92113 6994
3 SACRAMENTO 95825 4195
4 SAN JOSE 95129 3165
5 FRESNO 93710 2466
6 RIVERSIDE 92506 2452
7 OAKLAND 94609 2370
8 BAKERSFIELD 93309 2360
9 LONG BEACH 90805 2132
10 SAN FRANCISCO 94112 1937
11 PALM DESERT 92260 1572
12 OCEANSIDE 92056 1550
13 STOCKTON 95204 1479
14 MODESTO 95350 1423
15 COMPTON 90220 1405
16 HEMET 92543 1395
17 SAN BERNARDINO 92405 1372
18 WHITTIER 90604 1342
19 ANAHEIM 92805 1299
20 HUNTINGTON BEACH 92647 1277
21 SANTA ROSA 95409 1200
22 APPLE VALLEY 92307 1048
23 ROSEVILLE 95661 994
24 REDDING 96003 990
25 LINCOLN 95648 986
26 ORANGE 92667 980
27 MISSION VIEJO 92692 947
28 PASADENA 91103 947
29 VICTORVILLE 92392 931
30 MORENO VALLEY 92555 929

Department of Housing and Urban Development Offices

Los Angeles

Serving: Los Angeles, Ventura, Santa Barbara, San Luis Obispo, Mono, Inyo, San Diego and Imperial Counties

AT&T Building
611 West Sixth Street, Suite 801
Los Angeles, CA 90017
(213) 894-8000

San Francisco

Serving: San Francisco, Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Sonoma, Solano, Santa Cruz, San Benito, Monterey, Del Norte, Humbolt, Mendocino and Lake Counties; Northern 23 California Counties: Alpine, Amador, Butte, Calaveras, Colusa, El Dorado, Glenn, Lassen, Modoc, Nevada, Placer, Plumas, Sacramento, San Joaquin, Shasta, Sierra, Siskiyou, Sutter, Tehama, Trinity, Tuolumne, Yolo, and Yuba Counties; Stanislaus, Madera, Merced, Mariposa, Fresno, Kings, Tulare and Kern Counties in California’s Central Valley

1 Sansome Street, Suite 1200
San Francisco, CA 94104
(415) 489-6771

Santa Ana

Serving: Orange, San Bernardino, and Riverside Counties

34 Civic Center Plaza, Room 7015
Santa Ana, CA 92701-4003
(714) 796-5577

Housing Counselors

CABRILLO ECONOMIC DEVELOPMENT CORPORATION
Agency ID: 81343
702 COUNTY SQUARE DRIVE
VENTURA, CA 93003-5450
(805) 659-6868 ext 130 | http://www.cabrilloedc.org

CCCS OF SAN FRANCISCO
Agency ID: 80646
595 MARKET ST FL 15
SAN FRANCISCO, CA 94105-2824
(415) 788-0288 | https://www.cccssf.org/

CLEARPOINT CREDIT COUNSELING SOLUTIONS – COMMERCE BRANCH
Agency ID: 84891
SUITE 390
6055 E WASHINGTON BLVD
COMMERCE, CA 90040-2449
(800) 750-2227 | http://www.clearpointccs.org

CLEARPOINT CREDIT COUNSELING SOLUTIONS – GLENDALE BRANCH
Agency ID: 80613
200 N MARYLAND AVE STE 102
GLENDALE, CA 91206-4275
(877) 877-1995 | http://www.clearpointccs.org

CLEARPOINT CREDIT COUNSELING SOLUTIONS – GRANADA HILLS BRANCH
Agency ID: 81169
SUITE 301
16800 DEVONSHIRE ST
GRANADA HILLS, CA 91344-7403
(877) 877-1995 | http://www.clearpointccs.org

CLEARPOINT CREDIT COUNSELING SOLUTIONS – SACRAMENTO BRANCH
Agency ID: 80810
1750 HOWE AVE STE 125
SACRAMENTO, CA 95825-3368
(877) 877-1995 | http://www.clearpointccs.org

CLEARPOINT CREDIT COUNSELING SOLUTIONS – SAN BERNARDINO BRANCH
Agency ID: 83887
242 E AIRPORT DR STE 210
SAN BERNARDINO, CA 92408-3450
(877) 877-1995 | http://www.clearpointccs.org

CLEARPOINT CREDIT COUNSELING SOLUTIONS INC. – FRESNO BRANCH
Agency ID: 81060
SUITE 107
4969 E MCKINLEY AVE
FRESNO, CA 93727-1968
(877) 877-1995 | http://www.clearpointccs.org

CONSUMER CREDIT COUNSELING SERVICE OF ORANGE COUNTY
Agency ID: 80684
1920 OLD TUSTIN AVE
SANTA ANA, CA 92705-7811
(714) 547-2227 | http://www.cccsoc.org

INLAND FAIR HOUSING AND MEDIATION BOARD
Agency ID: 80034
1500 S HAVEN AVE STE 100
ONTARIO, CA 91761-2970
(909) 984-2254 | http://www.ifhmb.com

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS-INVESTMENT DIVISION, INC
Agency ID: 80759
7677 OAKPORT STREET, SUITE 1030, 10TH FL
OAKLAND, CA 94621-1929
(510) 268-9792 | http://www.nidonline.org

NEIGHBORHOOD PARTNERSHIP HOUSING SERVICES, INC.
Agency ID: 81110
320 W G ST STE 103
ONTARIO, CA 91762-3233
(909) 988-5979 | http://nphs.info

PROJECT SENTINEL
Agency ID: 81203
1490 EL CAMINO REAL
SANTA CLARA, CA 95050-4609
(408) 720-9888 | http://housing.org/

SPRINGBOARD – SHINE CENTER (LATHAM)
Agency ID: 84701
S.H.I.N.E. CENTER – 4351 LATHAM STREET
RIVERSIDE, CA 92501-1749
(800) 947-3752 | www.homeownership.org

SPRINGBOARD NON-PROFIT CONSUMER CREDIT MANAGEMENT, INC
Agency ID: 82722
4351 LATHAM ST
RIVERSIDE, CA 92501-1749
(800) 947-3752 | http://www.homeownership.org

SUREPATH FINANCIAL SOLUTIONS
Agency ID: 80640
CAMARILLO, CA 93010
80 N WOOD RD STE 200
CAMARILLO, CA 93010-8311
(805) 383-7700 | http://www.surepath.org

WISE & HEALTHY AGING
Agency ID: 84107
2ND FLOOR
1527 4TH ST
SANTA MONICA, CA 90401-2358
(310) 394-9871 | http://www.wiseandhealthyaging.org

Want to learn more? Click here to get free information about a reverse mortgage!