Reverse Mortgages Near You - Foster City Reverse Mortgage Lender
Meet Ron Goerss
Ron Goerss
Reverse Mortgage Specialist
NMLS #255366 | CA DRE: #01159044
(650) 844-0855
Get the best reverse mortgage deals in Foster City, California.
Ron Goerss and Reverse Mortgage Pro are one of Foster City's most accomplished teams to talk with if you have any questions about reverse mortgages – whether you’re in Hillsborough, Foster City, San Carlos or anywhere in San Mateo County.
Ron has been in the mortgage industry since 1993 and is an absolute pro.
His vast experience, knowledge and consultative approach have helped his clients add enormous quality to their senior years.
He achieves this by teaching them how to access what is usually their greatest asset – their home equity.
Ron acknowledges that a reverse mortgage isn’t necessarily right for everyone.
But he will spend the time it takes with you to thoroughly assess your financial situation, and if appropriate, present viable reverse mortgage options.
He will dispel the misconceptions about reverse mortgages and help facilitate prudent decisions that improve the lives of his senior clients.
Ron is a native of California and has lived in the Bay Area since 1971.
He graduated from University of the Pacific with a bachelor’s degree and from Golden Gate University with an MBA degree.
Ron enjoys playing golf, hiking, watching the Giants and 49ers, and he loves domestic and international travel.
What is a reverse mortgage?
A reverse mortgage is a debt slayer.
It pulls you out of the financial doldrums and sets you up to live out the rest of your days enjoying the financial freedom you had always dreamed about.
And it’s so breathtakingly simple!
A reverse mortgage takes the equity you already have in your home and converts it into a brand new income stream.
As long as you are at least 62 years of age, a reverse mortgage might be the answer to the question you’ve long been asking.
It kills two birds with one stone.
It gives you cash while allowing you to remain in your family home, rather than force you to consider having to sell, just to finance your retirement.
That cash then allows you to significantly upgrade your lifestyle.
You can start thinking about all the things you have gone without that are suddenly yours for the taking.
Start booking those vacations you had thought were out of reach, plan those home renovations you had put off and begin living life to its absolute fullest.
Funds can be made available in many 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, a reverse mortgage does not require repayment until either the homeowner sells or the last surviving borrower passes away.
It’s one of the shrewdest ways homeowners can put their financial struggles behind them and give their standard of living a real shot in the arm.
Housing prices have seen a nice increase of 7.1% in the last 12 months, prices are again moving north, rising back to an average of $1,920,772* (https://www.zillow.com/home-values/31623/foster-city-ca/).
There are already 995 people in or nearby Foster City who have a reverse mortgage with 48 of them purchasing one in the last 12 months alone*.
About Foster City, California
Foster City, California, is a vibrant and modern city located in San Mateo County, along the scenic shores of the San Francisco Bay. Known for its innovative design, waterfront lifestyle, and family-friendly atmosphere, Foster City offers residents a high quality of life with a blend of suburban comfort and urban convenience. With a population of approximately 34,000 residents, Foster City is a close-knit community that values its beautiful surroundings, recreational opportunities, and strong sense of community.
Foster City was meticulously planned and developed in the 1960s on land reclaimed from the San Francisco Bay. It was named after T. Jack Foster, a real estate developer who envisioned a city built around a network of lagoons and waterways. Today, Foster City's unique design is characterized by its extensive network of canals, lagoons, and waterfront properties, providing residents with stunning views and easy access to water-based activities.
One of Foster City's standout features is its abundance of parks, open spaces, and recreational facilities. The city is home to numerous parks, including Leo J. Ryan Park, which offers a large lagoon, picnic areas, playgrounds, and sports fields. Residents can enjoy walking, jogging, and cycling along the city's scenic trails, such as the Bay Trail, which runs along the waterfront and offers breathtaking views of the San Francisco Bay. The city's many lagoons and waterways provide opportunities for boating, kayaking, paddleboarding, and fishing.
Foster City's sense of community is evident in its numerous local events and gatherings. The city hosts a variety of community events, festivals, and farmers' markets throughout the year, including the Foster City Summer Concert Series, the Foster City Art and Wine Festival, and the Fourth of July Celebration. These events bring residents together and foster a strong sense of community spirit and pride.
Education is a top priority in Foster City, with the San Mateo-Foster City School District serving the city's K-8 students. The district is known for its high academic standards and excellent schools, including Brewer Island Elementary School and Bowditch Middle School. High school students attend nearby San Mateo High School or Hillsdale High School, both of which offer comprehensive educational programs and a wide range of extracurricular activities. The city is also home to several private schools, providing families with a variety of educational options.
As a reverse mortgage loan officer in Foster City, I am proud to serve the residents of this dynamic and welcoming community. 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 Foster City. Foster City embodies the best of California living, where innovative design, natural beauty, and community spirit come together to create a truly special place to call home.
Contact your Foster City reverse mortgage lender today.
Ron and his Reverse Mortgage Pro team are ready and waiting to hear from you to talk about how a reverse mortgage might be the answer to your prayers.
Please call Ron at (650) 844-0855 for a no obligation chat and assessment of your situation.
*As of July 2024
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