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Imperial Beach Reverse Mortgages

Shop for the best deals for Imperial Beach, California reverse mortgages.

Find the best deal on reverse mortgages in Imperial Beach and the South Bay area of San Diego County.

Call Today: (760) 334-6155

...or follow the steps below for your free evaluation and quote.

Imperial Beach, CA
Imperial Beach, CA - Flickr

Imperial Beach Reverse Mortgage Lenders

Reverse Mortgage West focuses on meeting the needs of homeowners’ retirement and lifestyle needs. One way we can help accomplish that mission is with a reverse mortgage.

Our streamlined operations and unparalleled staff support help make the process of getting your reverse mortgage a smooth transition. Our staff brings a combined 40 years of experience in reverse mortgage lending. We serve the communities of Imperial Beach,Nestor, San Ysidro, and Otay Mesa West.

How many of your neighbors have done a reverse mortgage? Here are some interesting facts about reverse mortgages and the housing market in the greater Imperial Beach area.

Imperial Beach Reverse Mortgage Facts
Imperial Beach Reverse Mortgage Facts

Today, the median home value in Imperial Beach is approximately $740,886. Many homeowners in the area may choose to apply for a private jumbo reverse mortgage for properties above $822,375. Private reverse mortgages provide significantly more proceeds for eligible homeowners with higher-valued properties.

$822,375 is the current maximum lending limit for FHA-insured reverse mortgages. This means with a federally-insured reverse mortgage in greater Imperial Beach (and across the country), the first $822,375 of their home value is considered in the calculation of the potential maximum reverse mortgage loan benefit.

In general, reverse mortgages calculate the maximum available loan benefit (before fees, costs, and lien payoffs) for qualified borrowers based on the home’s appraised value, the age of the youngest borrower, or named non-borrowing spouse, and the current/starting effective interest rate.

Imperial Beach Pier, CA
Imperial Beach Pier, CA - Flickr


About Imperial Beach

Imperial Beach is the southernmost beach city in San Diego, situated against the U.S.-Mexico border. The town’s name comes from farmers and landowners who visited the area from the Imperial Valley in the late 1880s seeking relief from the desert heat in the summer months. A number of seasonal visitors made Imperial Beach their home, some of who worked to construct the famous Hotel del Coronado in 1887.

Incorporated in 1956, the town has undergone many changes to attract tourists and new businesses. Today Imperial Beach is primarily a residential community with few hotels or motel accommodations. The population census on April 1, 2020, estimates the city has 26,324 residents.

Imperial Beach area attractions include the Outdoor Surfboard Museum, Imperial Beach Pier, Tijuana Estuary Visitor Center, Silver Strand State Park, Border Field State Park, and the Bayshore Bikeway.

Contact your Imperial Beach, California and northern San Diego County reverse mortgage lender today.

Owen Coyle and his team at Reverse Mortgage West are ready to answer any questions or concerns you may have about a reverse mortgage. It's important to get the facts first, discuss your unique goals and needs, and see how much you may be able to qualify for with a reverse mortgage.

Call Owen today at (760) 334-6155 to learn more or complete the steps here to get your free quote.