Do You Know?

  • Most reverse mortgages require no repayment while you are alive, living in the home, and maintain your level of ownership or co-ownership.
  • Repayment is obligated when you no longer reside in the home.
  • You remain the owner and retain title to your home.

Reverse Mortgage Help When

  • Income from retirement funds, savings and social security benefits don't cover your expenses or you want to supplement your medicare.
  • Need financial freedom to enjoy your retirement years.
  • To get rid of current home loan payment.

Request a Free, No Obligation Consultation Today

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Government Regulated Program, Tax-Free Disbursements, No Monthly Payments

Offering All Types of Financing Including Conventional Home Loans, FHA, VA, USDA, Renovation Loans and Limited Documentation Options

If you have been considering a reverse mortgage, Paul Vannerus of Omni Fund provides reverse mortgage solutions for those who are searching for a way to enjoy retirement and increase spendable income.  Using the equity in your home, you can have the additional cash you need to make repairs or renovate your home, to meet living expenses comfortably, or to use for leisure purposes so that you can enjoy your retirement years to the fullest. I provide in-home appointments for those in Santa Cruz County and the South Bay Area, and can also help anyone in California remotely.

I am happy to provide reverse mortgage information for those who are not familiar with the process, or who aren't certain if this is the best solution for your needs.  It is critical that you understand exactly how the process works before making the decision as to whether a reverse mortgage loan is the answer in your unique circumstances.

What is a reverse mortgage?

HECM (Home Equity Conversion Mortgages) make it possible for seniors, generally those 62 or older, to convert the equity in their homes to cash, and is a type of reverse mortgage insured by the Federal Housing Administration.  There are no monthly mortgage payments involved, however you are required to maintain your home according to guidelines set forth by the FHA, and will be responsible for payment of property taxes.  Whether you intend to use the money to renovate your home, for daily living expenses or medical costs, or to pay off your remaining mortgage balance in order to be free of these monthly payments, our reverse lenders can provide you with all of the details and requirements so that you can make an informed decision.

Perhaps you have heard the term 'home equity conversion mortgage' or HECM loan.  Regardless of how you have heard it described, I urge those in Santa Cruz County, Santa Clara County, Monterey County and throughout California to contact me today to learn more about reverse mortgage facts and qualifications.  Contact Paul Vannerus at Omni Fund Inc. now at 1-831-426-0400 and enjoy your retirement years without financial struggles.