Senior Home Equity Options (55+)
If you’re 55+ and own a home in California or Georgia, you may be wondering whether to stay, refinance, downsize, or use your equity in another way. This page is your hub for understanding senior home equity options in Oceanside, the Inland Empire, and Metro Atlanta.
From reverse mortgages to refinancing in retirement, downsizing, or keeping your home as a rental, you’ll find plain-English explanations and next steps here.
Four Main Equity Paths for Senior Homeowners
Most senior homeowners explore one or more of these paths:
- Reverse Mortgages (55+) – Convert a portion of your equity into funds without required monthly mortgage payments, as long as you meet the program rules.
- Refinance in Retirement – Keep a traditional mortgage, but adjust your payment, term, or cash-out for repairs or medical expenses.
- Downsizing to a New Home – Sell and buy something smaller, easier to maintain, or closer to family or doctors.
- Keep and Convert to a Rental – Keep your current home as a rental while you move to a new place or senior-friendly community.
Key Questions to Ask Before Making a Move
- How long do you want to stay in your current home?
- Is your current payment comfortable on your retirement income?
- Do you want to leave the home to heirs, or is your primary goal monthly comfort?
- Is the home still a good fit physically (stairs, layout, maintenance)?
Each of the pages below walks through how your answers shape your options.
Where We Help Senior Homeowners
As a mortgage broker focused on California and Georgia, I regularly work with senior homeowners and their families in:
- California: Oceanside, North County San Diego, Riverside County, San Bernardino County
- Georgia: Metro Atlanta and surrounding suburbs
For localized loan info, see Local Mortgage Programs.
Next Steps: Request a Senior Equity Review
If you’d like, I can prepare a written summary comparing your options: reverse mortgage, refinance, downsizing, and keep-as-rental. We can include your family or financial advisor in the conversation.