California Reverse Mortgage Lenders

Bakersfield Reverse Mortgage Lenders

Seniors 62 or older who need extra funds or simply interested in tapping into the equity in their home through a California reverse mortgage, will notice that fees in Bakersfield have dropped due to more and more banks competiting for their business. The closing cost of a California reverse mortgage has almost been cut in half. A reverse mortgage is a more common term for a Home Equity Conversion Mortgage (HECM). Here are a list of a few HECM lenders in the Kern County area.

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Bakersfield HECM Lenders

There are a number of factors that affect whether or not you qualify for a reverse mortgage in Bakersfield. If you have no equity, you may not be able to qualify for a HECM/reverse mortgage. Contact a professional to discuss your options.

Bakersfield, CA has an estimated population of 326046.

Recommended Lenders
Urban Financial Group
Urban Financial Group is owned by Knight Capital Group and is operated independently as one of the Bakersfield's largest reverse mortgage lender.

First National Bank
First National Bank of Layton is a direct lender, which means lower upfront fees and reverse mortgage rates.