Why Pomona Homeowners Choose Reverse Mortgages
Pomona is part of Los Angeles County in the Pomona Valley area. With a median home value of approximately $650,000 and a senior population of over 18,000+, the city has a strong market of homeowners who may benefit from accessing their home equity.
Pomona pairs a rich history with landmarks like the Fairplex, home of the LA County Fair, Cal Poly Pomona, and the Historic Lincoln Park district, where stately early-1900s homes and downtown's Antique Row reflect the city's character. Established neighborhoods such as Phillips Ranch and Ganesha Hills are full of owners who have built decades of equity in homes that remain comparatively affordable. For these seniors, a reverse mortgage offers a way to retire a monthly mortgage payment and keep the family home in the family for the next generation.
- Pomona, one of LA County's larger cities, offers historic neighborhoods and affordable homes
- Many longtime Pomona owners have built strong equity over decades of ownership
- A reverse mortgage helps Pomona seniors retire without a monthly mortgage payment
