Reverse Mortgages Near You - San Mateo 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 San Mateo, California.
Ron Goerss and Reverse Mortgage Pro are one of San Mateo'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.
House prices in San Mateo have been on an enormous tear, rising 24.2% in less than two years to May 2022.
And while there has been a slight correction of 6.5% in the last 12 months, prices are again moving north, rising back to an average of $1,497,457* (https://www.zillow.com/home-values/13699/san-mateo-ca/).
There are already 1,224 people in or nearby San Mateo who have a reverse mortgage with 59 of them purchasing one in the last 12 months alone*.
About San Mateo, California
San Mateo is Spanish for St Matthew who was one of the 12 apostles.
The city lies just 20 miles south of San Francisco and 37 miles northwest of San Jose.
The mid-peninsula area appealed to San Franciscans as early as the 1850s with the Mediterranean climate inspiring many to build their summer homes in the region.
Japanese immigrants arrived in the early 20th century to work in the salt ponds and flower industry.
Their influence remains to this day with the Eugene de Sabla Japanese Teahouse and Garden one of the prime examples.
Now with a population of more than 105,000 (2020 census), San Mateo is known for its breathtaking scenery, beautiful beaches, diverse culture and thriving economy.
That economy is supported by nearby tech giants like Google and Facebook which are situated just a short drive either side from downtown San Mateo.
Central Park is the green heart of San Mateo, offering a baseball field, tennis courts, picnic grounds and the San Mateo Arboretum.
The Sawyer Camp Trail and the Coyote Point Recreation Area also attract swarms of outdoors enthusiasts.
Seven-time Super Bowl Champion and five-time Super Bowl MVP winner Tom Brady was born in San Mateo in 1977.
Contact your San Mateo 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 November 2023
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