​Reverse Mortgage

Reverse Mortgage - Reverse Mortgage (known as a HECM- Home Equity Conversion Mortgage) is a FHA (government insured) loan. A Reverse Mortgage is a loan that allows the senior who lives in the home and qualifies to access a portion of their equity without being required to make a monthly mortgage payment for as long as they live in the house and keep their property taxes and homeowners insurance current.

A Reverse Mortgage proceeds are tax free, not considered income and generally do not affect any benefits. Cash out from a Reverse Mortgage is not considered income, because the homeowner is paying interest on the loan. However, every financial situation is different and in some cases, cash out from a Reverse Mortgage can affect Government Benefits, not because of income, but rather balances in bank accounts. Sierra Reverse Mortgage always encourages a consult with a financial advisor.

  • Eliminate mortgage payment

  • Delay social security

  • Create income for a fixed monthly budget

  • Tax free income

  • Will not affect benefits

  • Still own your home

  • Government Loan – FHA

  • Relaxed qualifying guidelines

A Reverse Mortgage is a wonderful retirement tool. Often this is the perfect tool needed for a stress free retirement!

Contact Us

Bryan Wild, Branch Manager


3430 Robin Ln, Ste 9C

Cameron Park Ca 95682

DRE #: 1266745

NMLS#: 26361

Direct:     (530) 677-5484

Direct:     (800) 361-9357

Cell:         (925) 788-8949

eFax:       (888) 651-2607



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Steve Samuelson


Fax : 888.651.2607


DRE #: 00995394

NMLS #161692

Sierra Home/Reverse Mortgage is a dba of Professional Mortgage Associates, California Bureau of Real Estate, Real Estate Broker 01902537, NMLS 815819