Reverse Mortgages Near You - Palo Alto 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 Palo Alto, California.
Ron Goerss and Reverse Mortgage Pro are one of Palo Alto'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 7.4% in the last 12 months, prices are moving north, rising to an average of $3,499,256* (https://www.zillow.com/home-values/26374/palo-alto-ca/).
There are already 1,342 people in or nearby Palo Alto who have a reverse mortgage with 70 of them purchasing one in the last 12 months alone*.
About Palo Alto, California
Palo Alto, California, is a vibrant and innovative city located in the heart of Silicon Valley, in Santa Clara County. Known for its world-class educational institutions, technological advancements, and scenic beauty, Palo Alto offers residents a dynamic and intellectually stimulating environment. With a population of approximately 68,000 residents, Palo Alto is a diverse and close-knit community that values innovation, sustainability, and quality of life.
Palo Alto's history dates back to the late 19th century when it was founded by Leland Stanford, who established Stanford University in memory of his son. The city's name, which means "tall tree" in Spanish, was inspired by a majestic redwood tree, El Palo Alto, which still stands along the San Francisquito Creek. Today, Palo Alto is renowned for its historic neighborhoods, tree-lined streets, and beautifully preserved architecture.
One of Palo Alto's standout features is its proximity to Stanford University, a prestigious institution that plays a central role in the city's cultural and intellectual life. The university's stunning campus offers numerous attractions, including the Stanford Dish, Cantor Arts Center, and Hoover Tower, as well as a variety of cultural and sporting events open to the public.
Palo Alto is also known for its abundance of parks, open spaces, and recreational facilities. The city boasts over 4,000 acres of parks and nature preserves, including the scenic Foothills Park, Baylands Nature Preserve, and the Palo Alto Baylands. Residents can enjoy hiking, biking, birdwatching, and picnicking in these beautiful natural settings. The city's network of bike lanes and pedestrian-friendly streets makes it easy for residents to explore and enjoy outdoor activities.
Palo Alto'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 Palo Alto Festival of the Arts, the May Fête Parade, and the Palo Alto Farmers' Market. These events bring residents together and foster a strong sense of community spirit and engagement.
Education is a top priority in Palo Alto, with the highly regarded Palo Alto Unified School District serving the city's K-12 students. The district is known for its high academic standards and excellent schools, including Palo Alto High School and Gunn High School. The city is also home to several prestigious private schools and educational institutions, providing families with a range of educational options.
As a reverse mortgage loan officer in Palo Alto, I am proud to serve the residents of this vibrant and forward-thinking 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 Palo Alto. Palo Alto embodies the best of California living, where innovation, natural beauty, and community spirit come together to create a truly exceptional place to call home.
Contact your Palo Alto 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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