Reverse Mortgages in San Francisco, CA

San Francisco homeowners who purchased decades ago in the Sunset, Richmond, or Noe Valley have often accumulated extraordinary equity, even as fixed-income retirees face steep living costs and rising property taxes. A reverse mortgage (HECM) lets residents 62 and older convert that equity into tax-free proceeds (generally), with no required monthly mortgage payment while the home remains their primary residence.

Given how routinely SF property values exceed the federal HECM lending limit, proprietary (“jumbo”) reverse mortgages are frequently the relevant path for accessing meaningful equity. HECMs are FHA-insured and non-recourse, and HUD-approved counseling is required before closing.