Reverse mortgage in California
From HUD's own loan records, you can see who lends in California, where those loans were made and who counsels there.
- A one-year count shows 4,104 HECMs closed in California
- Median home value counted by HUD: $800,000
- Most HECMs in California (1,087) came from Finance of America Reverse
HUD's HECM data records 4,104 reverse mortgages closed in California between September 2025 and August 2026, 16.7% of all 24,529 closed nationwide. That is the highest total among the 50 states and DC.
Here, 166 bought homes through a HECM for Purchase, 740 refinanced an earlier HECM, 3 chose a fixed rate, and the $1,249,125 cap on value was reached by 857.
California HECMs compared with national figures
Those final two rows are taken from the calculator.
| California | Against all HECMs | |
|---|---|---|
| HECMs closed | 4,104 | 16.7% of all 24,529 |
| Median home value counted | $800,000 | $360,000 more |
| Median principal limit | $366,665 | $172,493 more |
| Principal limit as a share of value | 44.9% | 1.5 points higher |
| Median expected rate | 5.75% | 0.125 points lower |
| HECM for Purchase | 4% | 1.5 points lower |
| Refinanced HECMs | 18% | 7.2 points higher |
| Lenders with a loan here | 30 | of 34 nationwide |
| Age 70, median home, no mortgage: funds remaining after costs | $283,300 | $131,760 more |
| Usable in the first year at age 70 | $159,780 | $76,176 more |
California HECM lenders ranked by loan count
In California, 30 lenders sponsored HECMs. Finance of America Reverse, Mutual of Omaha Mortgage and also Longbridge Financial formed the top three. They made 2,602 out of 4,104 loans (63%). Check the national ranking for a comparison.
| Rank | Lender | HECMs | Share |
|---|---|---|---|
| 1 | Finance of America Reverse | 1,087 | 26.5% |
| 2 |  | 777 | 18.9% |
| 3 | Longbridge Financial | 738 | 18% |
| 4 | Traditional Mortgage Acceptance Corporation | 277 | 6.7% |
| 5 | High Tech Lending | 170 | 4.1% |
| 6 | PHH Mortgage | 157 | 3.8% |
| 7 |  | 108 | 2.6% |
| 8 |  | 107 | 2.6% |
| 9 | Plaza Home Mortgage | 101 | 2.5% |
| 10 | Guild Mortgage | 89 | 2.2% |
Originators of HECMs in California: local lenders and brokers
There were 675 companies that took California HECM applications. Setting aside the national lenders, the firms that originated the most were Atlantic Avenue Mortgage (163), followed by C2 Financial (108), then Integrity 1st Mortgage (106) and Caliver Beach Mortgage (94). Also at the top were American Pacific Mortgage (70), then West Capital Lending (60), then New American Funding (53), plus Loandepot.com (52). These counts are of the company that originated each loan, while the ranking above counts the lender that sponsored it, so the two lists are not comparable.
California HECMs by location
Los Angeles County led the count at 818 out of 4,104 loans, staying ahead of San Diego, which recorded 478. The highest city totals start with Los Angeles (177). Next come San Diego (167) and San Jose (69), then Sacramento (54) and Bakersfield (50). City names are the mailing city on each HUD record and can reach into nearby counties, so a city's count need not match the county table.
| County | HECMs | Share |
|---|---|---|
| Los Angeles | 818 | 19.9% |
| San Diego | 478 | 11.6% |
| Riverside | 431 | 10.5% |
| Orange | 356 | 8.7% |
| San Bernardino | 252 | 6.1% |
| Santa Clara | 146 | 3.6% |
HUD-approved counselors for reverse mortgages in California
There are 18 reverse mortgage counseling agencies that HUD lists in California, and they are based in 14 cities. Find their phone numbers in HUD's counselor search page.
| City | Agency | How they counsel | Languages |
|---|---|---|---|
| Moreno Valley, CA | Nid-Hca Riverside / San Bernardino County | phone, in person, group | English |
| National City, CA | Credit.org - National City | phone, in person | English, Spanish |
| Oakland, CA | Nid-Housing Counseling Agency (nid-Hca) | phone, in person, video, online, group | Creole, English, Spanish |
| Ontario, CA | Inland Fair Housing and Mediation Board | phone, in person, video, online, group | English, Spanish |
| Orange, CA | Neighborworks Orange County | phone, in person, group | English, Spanish, Vietnamese |
| Oxnard, CA | My Way Home | phone, in person, video, online | English, Spanish |
| Rancho Cucamonga, CA | Neighborhood Partnership Housing Services | phone, in person, video | English, Spanish |
| Riverside, CA | Carolyn E. Wylie Center for Children, Youth & Families | phone, phone only, video, online, group | English, Spanish |
| Riverside, CA | Credit.org | phone, in person, group | English, Spanish |
| Riverside, CA | Credit.org - Riverside | phone, in person, group | English, Spanish |
| Sacramento, CA | Sacramento Neighborhood Housing Services | phone, in person, video, online, group | English, Spanish |
| San Bernardino, CA | Inland Empire Resource Center | phone, in person, video, online, group | English, Spanish |
| San Francisco, CA | Balance - San Francisco | phone, in person, video, online, group | English |
| San Francisco, CA | Balance-Sf 3rd Street | phone, in person, video, online, group | Chinese, English, Russian, Spanish |
| Santa Clara, CA | Project Sentinel | phone, in person, video, online, group | English |
| Santa Rosa, CA | Balance - Santa Rosa | phone, in person, video, online, group | English |
| Walnut Creek, CA | Balance | phone, in person, video | Cantonese, Chinese, English, Russian, Spanish |
| Walnut Creek, CA | Balance - Concord | phone, in person, video, online, group | English |
Property tax relief for California homeowners who are older
Qualifying senior homeowners in California can defer property taxes for their primary home when their home equity is at least 40 percent and their yearly household income is $57,002 or less. Those deferred property taxes must be repaid later. Property Tax Postponement
Who oversees reverse mortgage lenders in California
Mortgage loan originators in California must have a sponsoring company that holds a license from the Department of Financial Protection and Innovation. Mortgage Loan Originators - DFPI.
Source data: HUD HECM portfolio snapshot, covering September 2025 to August 2026. All states.