Why Whittier Homeowners Choose Reverse Mortgages
Whittier is part of Los Angeles County in the Greater Los Angeles area. With a median home value of approximately $750,000 and a senior population of over 18,000+, the city has a strong market of homeowners who may benefit from accessing their home equity.
From the brick storefronts of Uptown Whittier to the tree-lined streets around Whittier College and the Friendly Hills, many of this city's homeowners have stayed put for generations, often raising their families in the same craftsman and mid-century houses they bought decades ago. With Whittier's median home value near the mid-$700,000s, longtime owners who are now retired frequently look at a reverse mortgage as a way to convert that built-up equity into a cushion for everyday costs, healthcare, or simply staying close to the community and church groups they've known for years. A HUD-counseled HECM lets them do that while keeping their name on the title and skipping a monthly mortgage payment.
- Whittier homeowners have seen significant equity growth over the past decade
- Many longtime Whittier residents own their homes outright or with minimal mortgage balances
- The city's stable neighborhoods and strong community make it ideal for aging in place
Neighborhoods we serve in Whittier:
Uptown WhittierFriendly HillsEast WhittierCollege HillsWhittier Hills