Reverse Mortgages Near You - Torrance Reverse Mortgage Lender
Meet Henry Munoz
Henry Munoz
Real Estate Broker & Loan Officer
NMLS #228855
(213) 460-1002
Shop for the best reverse mortgage deals in Torrance, California.
Henry Munoz is one of the most trustworthy and accomplished loan officers in Torrance with an intimate knowledge of reverse mortgages.
He is now serving seniors along Los Angeles’ southern beaches from Santa Monica to Long Beach and throughout LA County.
Henry is a native of Los Angeles and was raised in the South Bay beach cities.
In his youth, he served in the United States Army and California National Guard as a medic from 1984-89.
But Henry is a man of many talents – he is also a licensed real estate broker and a qualified paralegal.
While reverse mortgages are his speciality, he is experienced with veteran loans, refinancing and matters involving probate, foreclosures, equity buyouts and title issues.
“My hope is to provide solid information to every single client,” Henry said.
“My business is 90 per cent referral so offering premium customer service is my lifeblood.”
And many of those referrals speak glowingly of him, including celebrity author and journalist Raymond Strait.
Raymond had already signed up for a reverse mortgage which failed to live up to his hopes or expectations when in despair, he met with Henry.
“He not only came through with what he promised but a lot more,” said Raymond.
“When escrow closed I not only got money up front, but another big check to come at the end of my first year.
“Plus, my home insurance and property taxes will be paid annually as part of the deal.
“I was further surprised to learn that I still own my home and I can also leave it to my heirs.
“I don’t know about you but I’m sure glad that I hooked up with Henry.
“As they say, nothing ventured, nothing gained."
What is a reverse mortgage?
A reverse mortgage is a potential life-changer for senior homeowners and is available to anyone 62 years or older.
It is such an incredible tool because it gives homeowners the ability to access the equity they have built in their home without having to sell up and downsize.
They are uniquely tailored toward retirees who are asset-enabled but cash poor and are finding the daily cost of living a significant challenge.
Depending on the amount of equity you have in your property, a reverse mortgage could boost your standard of living substantially.
Think family vacations, home renovations, all the good things in life you may have been doing without.
Funds can be made available in several different ways including a line of credit, monthly instalments, a lump sum or even a combination of all three.
As long as the terms of the loan are met, it does not require repayment until either the homeowner sells or the last surviving borrower passes away.
It really is one of the smartest ways homeowners can put their financial struggles behind them.
Housing prices in Torrance have enjoyed a modest 1.5% rise over the last 12 months but an incredible 34.8% in little over four years since August, 2020 , reaching an average price of $952,114*. (https://www.zillow.com/torrance-ca/home-values/)
People all over Torrance are taking advantage of reverse mortgages with 4081 people enjoying their benefits including 175 in just the last 12 months.
About Torrance, California
Named after real estate developer Jared Torrance, the eighth largest city in Los Angeles County boasts one of LA’s finest beaches, stretching around 1.5 miles.
It is also well known for its outstanding and varied cuisine, vibrant craft beer scene and Del Amo Fashion Center, one of the largest shopping malls in the country, featuring 2.7 million square feet of retail outlets.
But Torrance remains rich in history as well.
Incorporated in 1921, Gramercy and Andreo Avenues were the first two residential streets in the city and are now located in the area known as Old Town Torrance.
Some of the houses in those streets have stood for more than a century.
Wilson Park, which hosts the Torrance Certified Farmers Market on Tuesdays and Saturdays, is the most popular of the 33 parks dotted throughout a city recognised as one of the safest in Los Angeles County.
Torrance High School was the filming location for iconic TV shows Beverly Hills 90210 and Buffy the Vampire Slayer
Contact your Torrance reverse mortgage lender today.
Henry Munoz looks forward to hearing from anyone who thinks a reverse mortgage might be the answer to their prayers.
He will be more than pleased to discuss your personal situation and you are invited to contact him on (213) 460-1002.
*As of January 2025
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