Reverse Mortgages
in Walnut Creek

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What if there were a way you could increase your income during retirement?

What if you could get more out of your investment in your home?

If you are a senior citizen, you can take out a reverse mortgage on your home, and do just that.

What is a Reverse Mortgage?

With this type of loan, you borrow against the equity in your house. You can receive the cash from your loan either as a lump sum or in installments. Because the loan does not come due until the last borrower dies or you decide to move out of your home, you can stay in your house for as long as you like.

That means you can continue to enjoy the same lifestyle you do now, but with more financial security and comfort.

What Can You Do With a Reverse Mortgage in Walnut Creek?

One of the best things about a reverse mortgage is that it gives you full financial freedom in terms of how you use the funds.

Here are some common ways that seniors use the income from reverse mortgages to give you some ideas:

  • Add to your emergency fund.
  • Upgrade your home.
  • Make home repairs.
  • Pay for education.
  • Pay off old debts or catch up on bills.
  • Purchase a new automobile.
  • Put money down on a new home.
  • Go on a vacation.
  • Invest.

Unlike most other types of loans, a reverse mortgage does not include any restrictions whatsoever on how you use the cash.

Benefits of a Bay Area Reverse Mortgage

Choose a disbursement option which is compatible with your needs and goals.

Make your own decision about how you want to use the reverse mortgage income.

Staying in your home for as long as you want.

Enjoy tax-free income.

Increase your quality of life.

Reduce stress while improving peace of mind.

Do You Qualify for a Reverse Mortgage in the Bay Area?

To obtain a reverse mortgage in the Bay Area or elsewhere in California, you will need to meet these requirements:

You or another borrower on the original mortgage for the home will need to be age 62 or higher.

You must own at least 50% equity in your home.

You can only borrow against the equity in a primary residence.

All maintenance payments on your home must be up-to-date.

Your credit score, income and tax history will be taken into account when you apply.

What Our Clients Are Saying

Troy Hess
Troy Hess
00:27 01 Nov 19
The entire staff at this place is awesome. Extremely patient and when they say they will do something it gets done! Very trustworthy and affordable. They have won my business. Next loan I am heading back to Bridgepoint Funding. Mike Trejo and his staff were the best. I am so glad the referral from another friend cathy Turney worked out so more
Sabrina Costa
Sabrina Costa
02:19 09 Oct 19
I can't even begin to explain how thankful I am to Mike Trejo and his team at Bridgepoint Funding. They were extremely patient with me. The whole experience had me leaving feeling so much better than when I came. From beginning to end, I know they had my best interests in mind and helped in so many ways. I for sure will be coming back when/if I ever need another home loan. I've highly recommended them to everyone I more
Chenoa T
Chenoa T
14:46 07 Sep 19
Mike Trejo was recommended by my real estate agent to broker the loan for my new home. Mike, Alex, and Maily are a dream team. They made a somewhat difficult and lengthy process (I had some extenuating circumstances that made my escrow 60 days instead of the more standard 30 days) and they were so patient and professional throughout. They answered all my questions and made sure to follow up and check in on a timely and consistent basis with me, the lender, and even the sellers of the home I was purchasing. I really feel they went above and beyond what the standard broker firm would do. I am so grateful for their support and guidance through the process. If you’re looking for a broker you can trust and that will fight for you and help make your dreams come true, look no further than Mike and his wonderful team at BridgePoint!read more
Evan Doherty
Evan Doherty
15:35 26 Aug 19
We've used Bridgepoint four different times -- two new mortgages & two re-fi's -- and they've been amazing for every single one! They're timely, detailed and super friendly. The entire crew is very helpful and will answer any question you have - they make the entire process incredibly easy. Highly, highly recommend!read more
Phillip Lavios
Phillip Lavios
00:01 13 Jun 19
Mike Alex, and Mailly are the best to deal with when refinancing your home, they made the process seamless, and cery painless! They were very patient with me, and I highly recommend them to refinance your home!read more
06:23 25 Apr 19
Mike is a lifesaver! After I found my dream house, I was working with another lender who was bringing new problems every day and delaying the process and keep promising. After 6 weeks time waste they said they cannot do my loan. That's when Mike came in like an angel and saved us. In less than 2 weeks he closed the deal and asking almost no additional documents. Very smooth process. It was a hard lesson for me that its very important to work with the right people, especially if you making one of the most important financial decisions of your life. And Mike and his team are definitely are the best people for it!read more
Eyebrow Plus, Inc.
Eyebrow Plus, Inc.
21:55 17 Jan 19
We had a great experience with Bridgepoint Funding. The loan process was smooth and faster than we expected. The Bridgepoint team is strong and well-coordinated.Thank you Alex, Mike and Maily for your much needed help!F. Aread more
Stephen Jotten
Stephen Jotten
23:50 29 Dec 18
This was the most smooth loan process my wife and I were able to have. Mike and his staff made sure we did not lose our first house. It was a seamless process.
Armando Troche
Armando Troche
08:51 23 Nov 18
Bridgepoint Funding was effective, reliable, and efficient. We switched from a different lender to find a better interest rate. Mike and his team worked quickly to gather our documents, secure the best interest rate, and get our loan squared away. Now we're living it up in our new home!read more
KelliCardenas PS video
KelliCardenas PS video
14:21 29 Mar 18
I have been working with Mike, Kim, and Alex for a lot of years and all of them go that extra mile when it comes to professionalism and customer service. I have worked with many different lenders over the years, but Bridgepoint Funding is the best by far! They do not discriminate against anyone, no matter what! They treat every client with respect and fairness. I know from experience that if your loan process hits a bump in the road, Mike and his staff always remain calm and the end results are a closed loan and a happy client. I would highly recommend the Bridgepoint funding staff for any lending more
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Apply for Your Walnut Creek Reverse Mortgage

You could be just an application away from changing your life during retirement. To apply now for a reverse mortgage, please call (925) 478-8630. During your consultation, we can let you know if you qualify, and can walk you through the reverse mortgage application steps.

We are located in Walnut Creek CA, we serve customers in the San Francisco Bay Area. This includes Martinez, Concord, Pleasant Hill, Alamo, Danville, San Ramon, Orinda, Moraga, Lafayette and throughout California.

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