Why Montclair Homeowners Choose Reverse Mortgages
Montclair is part of San Bernardino County in the Inland Empire area. With a median home value of approximately $650,000 and a senior population of over 5,000+, the city has a strong market of homeowners who may benefit from accessing their home equity.
Sitting right on the line where Los Angeles County meets the Inland Empire, Montclair is an affordable, family-oriented city anchored by the Montclair Place shopping center and easy access to the 10 freeway. Its modest tract homes were bought decades ago by working families, many of whom now own them outright in retirement. For these longtime owners, a reverse mortgage can eliminate a remaining house payment and turn home equity into supplemental income that makes day-to-day life more comfortable.
- Montclair sits at the LA County–Inland Empire border with affordable, family-oriented neighborhoods
- Longtime Montclair owners have built solid equity over decades of appreciation
- A reverse mortgage helps Montclair seniors eliminate payments and supplement retirement income