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How 1 hour in a free class can yield thousands back into your bank account

Are you a homeowner 62 years or older who is looking for ways to bring in extra cash each month? A reverse mortgage loan on your home may be the right choice for you. The proceeds from reverse mortgage loans can be used for anything. Many people receiving payments from their reverse mortgage loan use the funds to supplement retirement income, cover daily living expenses, repair or modify their home (i.e., widening halls or installing a ramp), pay for health care, pay off existing debts, cover property taxes, or prevent foreclosure.

On Thursday, August 2nd, we’ll be providing a free Community Education Session on Reverse Mortgage Loans, Retirement Planning and Family Trusts. This seminar will begin at 5:00 PM and will be held at the Simi Valley Public Library. Homeowners aged 62+ and their family are encouraged to attend. View details and RSVP here or copy and paste this link into your browser:

What is a reverse mortgage?

As defined by the National Reverse Mortgage Lenders Association, “A reverse mortgage is a loan available to homeowners, 62 years or older, that allows them to convert part of the equity in their homes into cash.”

In other words, a reverse mortgage is like a reversed payment system. Instead of the borrower making monthly payments to the lender, the lender makes monthly payments to the borrower. With a reverse mortgage, borrowers 62 years or older who own their homes outright or nearly so can stay in their homes and maintain or improve their standard of living without paying a monthly mortgage payment. This allows homeowners to benefit from the equity in their home while still living in the home and continuing to own title to the property.

To obtain a reverse mortgage, you must meet certain criteria which will be shared in detail at our upcoming Community Education Session on August 2nd.

Are you, or is someone you know and care about, at least 62 years of age and a homeowner?

If so, we recommend that you RSVP for this free seminar now.

In addition to learning how you may be able to take advantage of a Reverse Mortgage Loan, our certified panel of professionals will share details with you on Retirement Planning and Family Trusts. At CSMC Mortgage, we believe that the more information we provide you with, the more you can increase your quality of life and financial standing. One hour of your time on Thursday night. August 2nd, can result in thousands of dollars back to you each month!

Attendants will also receive a free gift, the book, “Purposeful Retirement – How to bring happiness and meaning to your retirement” by Hyrum W. Smith.

“These folks are conscience and easy to work with. The “calm” as the “storm” of home loans rolls through! I would not use anyone else. They make sure ALL your questions are answered, be that what competitors may have offered, or ads you may have heard or seen. What a pleasure to do business with. Thank you team CSMC.”

- Michael G.

“David Honda and his team rocked!! They had great technology that took so much of the pain of home buying away. They were attentive to our specific needs and were on top of our loan process! David was always available, even when he was in Hawaii, and super responsive! Thanks David, Melissa and the team for an easy and great home buying experience.”

- Raymond F.

“With this being my first home purchase, my loan officer was very good at explaining everything to me and helping me with all my needs. Thank you for having such great people in the right place!”

- Cathleen H.

“I had the best experience with CSMC Mortgage. Buying a home is very stressful with all of the paperwork that has to be filled out. Faye was amazing! I have given several people her contact info, who are scared to take the step to homeownership. She took ALL of the stress away for me. I honestly, didn’t have to do much. She accommodated my crazy work schedule and help me get things done in a timely manner. She made me feel so comfortable and at ease. There were no surprises when it was time to sign and pay. I highly recommend her to anyone in need of her services and guidance. I can’t thank her enough.”

- Lisa M.

“This review is about Mark and Darci Richardson from CSMC Mortage in Simi Valley. This team is the BEST! For the past 12 years our home was "underwater" due to the "crash" in 2007, and unable to do anything with the mortgage except pay it. These two kept on top of things and finally the house qualified to REFI. We just completed everything and it closed last week... and they saved us over $900 a month!! That's a huge savings for a couple of senior citizens! We are SO happy now and finally can breathe. Thanks to Mark and Darci and CSMC Mortgage for following through, jumping through all the hoops necessary and helping us out! I can't recommend them more... they are the BEST!!!”

- Shari S.

“Faye helped me purchase my first home last year. She was very professional and worked very quickly to help me procure financing. She made herself available around my schedule and took the time to explain my options for financing to help me get the lowest rate possible. Would highly recommend her to anyone looking for someone that is professional, highly knowledgeable, polite, and responsive.”

- James Z.

“CSMC Mortgage took great care of us and our home buying needs. Tony was more than we could have ever asked for, he went above and beyond for us and we couldn’t have been more grateful for all his hard work. CSMC Mortgage has a great and friendly staff, I would highly recommend them to anyone looking into buying a home.”

- Jannet A.

“Baret Grigorian was amazing!! From start to finish Baret was there to help in every way. I never felt like I had to call him to follow up on my loan transaction and he always kept me informed. He was able to get me great financing rates, a lower payment AND money back! Thank you Baret!! I look forward to working with you again in the future!!”

- Kenny D.