Reverse Mortgages in Palm Desert | Senior Lending

Make your retirement easier with financial freedom and flexibility — discuss your eligibility for reverse mortgages in Palm Desert with Senior Lending Corporation. Our extensively trained specialists build a trusting relationship with you and can answer your questions to help you make informed decisions. We offer guidance on choosing a Home Equity Conversion Mortgage (HECM) that will work best for your financial situation and lifestyle.

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The Basics of Working With a Reverse Mortgage Company in Palm Desert

Enjoy a simple, stress-free experience when you work with Senior Lending Corporation. Typically, our reverse mortgage loan process takes around 30 to 45 days and can be completed from the comfort of home in five steps:

Counseling: After you contact us, we’ll arrange a counseling session to discuss reverse mortgage benefits and requirements.
Application: Our team will perform a secure assessment to make sure you meet the income requirements for an HECM loan in Palm Desert. Once we’ve confirmed your loan eligibility, we’ll help you gather the minimal documentation and submit your application.
Appraisal: We’ll schedule a time for an appraiser to visit your home. The appraiser will take photos of your rooms, measure the square footage of your spaces and assess any upgrades or renovations you’ve completed.
Underwriting: An underwriter will review the official Appraisal Report with your loan documentation. Upon approval, they’ll issue your loan.
Closing: A closing agent will visit your home to have you authorize the loan closing documents. You can choose whether to accept certified checks or send the funds directly to your bank account.

Watch the “Blind Test” video to see why over 1 million retirees have chosen a HECM Reverse Mortgage Line of Credit!

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TO GET IMMEDIATE ANSWERS PLEASE CALL: 800-822-1190

Reverse Mortgage Requirements

While reverse mortgages offer a supplemental income for many retirees, you don’t have to be retired to qualify for the loans. The ideal candidate for an HECM loan meets the following criteria:

Age: At least one of the mortgage homeowners must be 62 or older.
Home equity: Applicants must have sufficient equity in their home.
Primary residence: The property must be an applicant’s primary residence — vacation homes and rental properties don’t qualify.
Income and debts: Applicants must meet their ongoing financial obligations.

Benefits of Reverse Mortgages

Reverse mortgages allow you to unlock your home’s equity, which works well as a secure post-retirement plan for many people. A reverse mortgage offers many benefits, including:

An ability to stay in your home: You can live in your home for as long as you want and receive extra income instead of paying a monthly mortgage.
Loan flexibility: You can use the funds as you see fit, whether that means paying for bills, home repairs, healthcare expenses and groceries or vacations.
Secure funding: The federal government insures each reverse mortgage loan, giving you a higher level of security and peace of mind.
Tax advantages: Any money you receive from the reverse mortgage is tax-exempt.

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Reverse Mortgage Application Process

There are 5 main steps to the reverse mortgage process. The entire process can all be done from the comfort of your home or in person whichever you prefer.

1

FHA Counseling

2

Application

3

Appraisal

4

Underwriting

5

Closing

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98% Client Satisfaction Rate

I had the pleasure of working with Stacey Clark at Senior Lending during a challenging time, and his service was exceptional from start to finish. Stacey…

– Robert McCleary

It was a pleasure working with David Gendy at Senior Lending. His knowledge and professionalism made the process seamless. I highly recommend his services…

– L P

If you want execulant service at Senior Lending ask for David Harris, he helped me get through some tuff times. David is a super nice person, talk to him…

– Gloria McCown

Stacey was great!! He explained the entire process and let me know what to expect! It was an easy process! I’m glad I did this!!

– Jacqueline

Working with Jill Clark was a very enjoyable experience. It’s great to know that still there are people in this world who really care.Jill explained every…

– George Rodriguez

I had a very positive experience with Senior Lending. Gary Guarino was informative and very knowledgeable during the entire process He answered alll my…

– Marlene

Great experience. Gary was very helpful and very informative. Walked me through the process with ease. Thanks again.

– Terry Stewart

Jill Clark was excellent! She was attentive and let us know about each step in the process.

– Debbie Freedman

John was wonderful to work with – very patient, and caring. We were very trepidatious about this type of loan but John was able to answer all our…

– Linda Grady

I have never come across a company like senior lending .I hit the lotto when i called and got John DiBenedetto to help me get my reverse mortgage. John…

– Dean Gulla

John was Very professional and helpful. I enjoyed our conversations

– Terry Temple

From the first contact I had with David Harris, I knew I was in the right hands. He made the process seamless. He was friendly, professional and extremely…

– Diane Pillsbury

The service received was outstanding! Our loan officer Stacey was very helpful and made the process seamless. This is a blessing in disguise for seniors…

– John Young

Was a journey like most things in life. But our counselor was there every step of the way. The end result took some effort but worth the steps we had to…

– Karen Kahler

We had a perfectly smooth and flawless experience working with Mr Keith Seeger. The process of securing and closing on our RM was much quicker than I had…

– Aaron Maher

John DiBenedetto, HECM Advisor was very helpful during the process to qualify us for the Reverse Mortgage. Very professional and he explained everything…

– Julio Betances

Kristy McKay is my contact that handled my reverse mortgage advisor. Kristy is professional, timely and very thorough in all the steps of the process. My…

– Robert Bingham

John was very good to work with, he was knowledgeable and helpful to work with.

– Louis McKinney

I would like to appreciate Stacey Clark for his friendly and professional assistance through the process of obtaining a Line of Credit with Senior…

– Susie Earhart

John Dibenedetto is an amazing agent highly recommend senior lending and John. He was patient, knowledgeable, and thorough. He helped my grandfather every…

– David Moore

We had a great experience with Stacy talked about going above and beyond he jumped through every hoop available to help me get my loan. Would recommend…

– Dale Flewellyn

Stacey was very easy to work with. He walked us through the Reverse Mortgage making it very easy to assimilate. Senior Lending is a great company to work…

– Ruben Perez

John is amazing. He took his time and explained everything in great detail. A pleasure to work with.

– Theresa Mcmeans

Stacey, is a great access to Senior Lending. He knows his job, any questions you throw at him is immediately answered. I respect and honor his kind…

– Mary Shaw

I just closed on a reverse mortgage with Senior Lending HECM Advisor Kristy McKay and she was very helpful with explaining everything to me and answering…

– Garry Hoffmann

They are awesome! Kristy was very professional and was by my side throughout the entire lending process. I highly recommend this company!

– Colleen Lewis

John was very helpful he explained everything to me so I could understand, he was loving, patent and kind, I told him that I had adopted him as my son and…

– Regina Gibson

Stacey Clark is very well versed in these types of loans. He was like a breath of fresh air on the end of the other line.Talking with someone who has the…

– Hello Kitty

John DiBenedetto is a top professional in the business. I was not really interested in the program at first. He would call and leave a message. He did get…

– Rose Showalter

Jill was very knowledgable and helpful. She was very easy to work with and answered all of our questions thoroughly. She was a pleasure to work with and…

– Dana Cochran

Life has thrown a few curve balls. My husband passed, Hit by a Hurricane, and house insurance doubled. Not wanting to leave our home trying to decide what…

– Margaret Wik

I cannot say enough about how pleasant and professional Gary Guarino was while helping me get my home refinanced. He understood my challenges and went…

– Sherri Argenti

I had a great experience with Senior Lending. I worked closely with Jill Clark. She guided me all the way through the lending process. She was very…

– Artis Howard

David Harris was very helpful and informative about every step of the process!

– Mike Rushing

Knowledgeable friendly and very prompt service. Would highly recommend John DiBenedetto.

– Sue Hood

Loved working with Stacey Clark and the crew at Senior Lending for my HECM., Was smooth sailing all the way from beginning to end. Would highly recommend…

– Debbie Ely

The Loan process went very smooth and very quick. It took less than three weeks beginning to end. Any questions I had were answered completely. Even after…

– Bob Workman

I was very fortunate to work with Keith Seeger at Senior Lending . Keith is knowledgeable, personable , and incredibly thorough . Keith led me through the…

– Nancy Nye

David Harris did a great job in handling the request for Reverse Mortgage. Knowledgable, Polite, and efficient. Great quarterback

– Fred Schwabe

Very professional, very helpful, always there for you.

– Gaeta Travaglio

Joshua helped us every step of the way. We highly recommend Josh and Senior Lending!

– Ann Walls

I am very happy with Senior Lending Company. I liked the service.Very Professional and Helpful. I will recommend it .!!! Dave Harris is excellent!?

– Maria Martinez

Stacey did an excellent job, guided me through the whole process!

– Scott Kreuitzer

I am now able to live out my retirement the way I have wanted to. I would refer Joshua at Senior Lending to anyone looking to refinance. He listened to my…

– Kathryn Stanton

We decided we needed to take some of the equity out of the house but we didn’t want to sell right away. Nor did we simply want to mortgage it and have…

– Howard Batt

Daniel has gone above and beyond to help me. He has been available for every call or text, even when he was on vacation. If I asked a question he found…

– Bonnie Bonnie

I worked with David Harris at Senior Lending. He was such a professional to work with. He kept me well informed and provided step by step guidelines for…

– Betty Dassele

I feel that David Harris of Senior Lending did a very thorough job of helping me with this program in record time. I’m very satisfied.

– Donna Plunkett

Gary was there with me from day 1! Couldn’t ask for better service. I highly recommend and tell people about him whenever I can. Made a great team with…

– Melissa Cole

I was at first unsure of what was best for me at my age . After contacting Gary at Senior Lending ,asking a ton of questions about a reverse mortgage I…

– Frederick Keiderling

We had a very positive experience with our lending agent and he went above and beyond his requirements. He made our transitions for this process amazingly…

– Deirdre Kerrigan

Kristy at Senior Lending was wonderful to work with. She was professional and answered all our questions in depth. She made the process very easy for us….

– Georgia Watson

Mr Stacey Clark provided the most comprehensive and outstanding services to us. Not only with our Reverse Mortgage, but he was also able to assist us with…

– Roy Mallett

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Learn More About Reverse Mortgages

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Contact Our Mortgage Advisors in Palm Desert

Ready to achieve your financial goals and optimize your retirement? Request a free information kit to learn more, call 800-822-1190 to speak with our team or submit a form to get started.