Just Approved: Jumbo reverse mortgage allows seniors to stay near kids in Bay Area
Mortgage adviser: Dominique Stevens
Property type:
Single-family home in Piedmont.
Loan amount: $1.125 million.
Rate: 5.99 percent.
Loan terms: Reverse amortization.
Backstory: An elderly couple familiar with Dominique Stevens’ expertise with senior loans reached out to her in need of help.
The retired pair found it harder and harder to continue paying the mortgage they were carrying on their Piedmont home.