Reverse Mortgages Near You - Oakland Reverse Mortgage Lender
Meet Lanny Clark
Lanny Clark
Reverse Mortgage Specialist
NMLS #242792
(510) 621-5917
Get the best reverse mortgage deals in Oakland, California.
Lanny Clark works with C2 Financial Corporation-a California-based mortgage lender. Today over 100 of C2’s originators are ‘C2 Reverse Mortgage Certified’ to ensure the highest level of professionalism and integrity for borrowers who are seeking to learn more about either proprietary (private) or federally insured reverse mortgages.
C2 was recognized in 2018 Mortgage Executive Magazine as the 'Top Mortgage Broker in the Country' and as one of the '50 Best Companies to Work For' in addition to being featured in the National Mortgage Professional Magazine, and has published several articles in the Scotsman Guide, a key industry publication.
Our team of originators has a team of experienced professionals who are familiar with the specific needs of homeowners in San Leandro, Danville, Lafayette, Walnut Creek, Hayward, and Castro Valley. We can walk you through the questions you’re certain to have and the process should you decide to utilize your home’s value to create more cash flow in retirement.
What is a reverse mortgage?
A reverse mortgage is a star-studded loan that has been changing lives for the better and it might be the ideal vehicle to change yours too!
It is perfect for seniors who have equity in their properties but are struggling for liquidity.
It’s a problem many people are facing as the rising cost of living bites hard.
But as long as you are at least 62 years of age, there is a card you can play.
A reverse mortgage will allow you to tap into the equity in your property and convert it into cold, hard cash.
That money acts as a supplementary income stream and allows you to remain in your family home, rather than be forced down the unpleasant path of having to sell it and downsize to see out your retirement.
The extra income you’ll enjoy can have a massive impact on your lifestyle – think vacations, home improvements, fancy dinners, it’s all there for the taking.
Funds can be made available in a number of different ways including a line of credit, monthly installments, a lump sum or even a combination of all three.
As long as the terms of the loan are met, it does not require repayment until either the homeowner sells or the last surviving borrower passes away.
It’s one of the canniest ways homeowners can put their financial struggles behind them and boost their standard of living.
Housing prices have decreased slightly by 2.8% over the last 12 months, bringing average prices up to $780,188 (https://www.zillow.com/home-values/13072/oakland-ca/).
There are 2,838 people in and around Oakland who have purchased a reverse mortgage with 134 of them signing up in the last 12 months alone*.
About Oakland, California
Oakland, California, is a vibrant and diverse city located on the eastern shore of the San Francisco Bay. Known for its rich cultural heritage, thriving arts scene, and stunning views, Oakland offers residents a dynamic and eclectic urban experience. With a population of over 400,000 residents, Oakland is the largest city in the East Bay region and serves as a cultural and economic hub.
Oakland's history is deeply rooted in its role as a port city and center of industry during the late 19th and early 20th centuries. The city's historic downtown area is filled with architectural gems, including the iconic Tribune Tower and the historic Fox Theater, which showcase Oakland's rich architectural heritage. The Jack London Square waterfront district pays homage to the famous author and journalist who once called Oakland home, with shops, restaurants, and entertainment venues lining the waterfront.
One of Oakland's standout features is its vibrant arts and culture scene. The city is home to numerous art galleries, theaters, and music venues, including the Oakland Museum of California, which celebrates the state's diverse cultural heritage through exhibits, programs, and events. The First Fridays Art Murmur, a monthly art walk in the Uptown district, showcases the work of local artists and provides residents with opportunities to explore Oakland's thriving arts community.
Oakland's natural beauty is evident in its stunning parks, green spaces, and waterfront trails. Lake Merritt, the jewel of Oakland, is a picturesque urban lake surrounded by parkland and walking paths. The East Bay Regional Park District offers residents access to miles of hiking and biking trails, picnic areas, and wildlife habitats in the nearby hills and open spaces.
The city's sense of community is reflected in its diverse neighborhoods, each with its own unique character and charm. Oakland hosts a variety of cultural events and festivals throughout the year, including the Oakland Art & Soul Festival and the Eat Real Festival, which celebrate the city's rich cultural heritage and culinary diversity.
Education is a top priority in Oakland, with the Oakland Unified School District serving the city's K-12 students. The city is also home to several institutions of higher learning, including Mills College and Holy Names University, providing opportunities for higher education and lifelong learning.
As a reverse mortgage loan officer in Oakland, I am proud to serve the residents of this vibrant and diverse city. Whether you're considering a reverse mortgage to access your home's equity or exploring financial options, I am here to provide expert guidance tailored to the unique opportunities and challenges of living in Oakland. Oakland embodies the best of Bay Area living, where culture, community, and natural beauty come together to create a dynamic and welcoming urban experience.
Contact your Oakland reverse mortgage lender today.
Lanny and his C2 Financial Reverse Mortgage team are standing by to answer all of your questions when it comes to how to best utilize this fantastic product.
Please call Lanny on (510) 621-5917 and he will be happy to offer you a no obligation assessment of your position.
*As of November 2023
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