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Rick San Vicente

VP | Reverse Mortgage Specialist
Hablo Español

NMLS# 647335

1-925-848-6575

1800 Tice Valley Blvd., Suite A
Walnut Creek, CA 94595

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About Me

Meet Rick San Vicente

Reverse Mortgage Loan Officer Serving Danville and the Bay Area

Rick San Vicente is a reverse mortgage loan officer based in Danville, California. He has worked exclusively with reverse mortgages for 20 years.

For more than 10 years, Rick led the largest reverse mortgage region at Mutual of Omaha, overseeing thousands of loans. Today, he works directly with homeowners in Danville, San Ramon, Walnut Creek, the Tri-Valley and communities throughout the Bay Area.

Rick helps homeowners explore a wide range of reverse mortgage options, including Home Equity Conversion Mortgages (HECMs), HECMs for Purchase, jumbo and proprietary reverse mortgages, and eligible HECM refinances.

He also works with professional fiduciaries, conservators, financial planners, estate and divorce attorneys, in-home care providers and real estate professionals to help homeowners understand their options and make informed decisions.

Fluent in Spanish, Rick welcomes the opportunity to assist Spanish-speaking homeowners and their families.

Se Habla Español

Rick San Vicente ayuda a propietarios de viviendas en Danville, San Ramon, Walnut Creek y el Área de la Bahía a conocer sus opciones de hipotecas inversas, incluidos los préstamos HECM y HECM para la compra de vivienda.

Rick habla español con fluidez y ofrece información para ayudar a los propietarios a tomar decisiones informadas.

Para obtener más información, llame directamente al (925) 848-6575.

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Videos

About Rick

I Am Sorry

What Is a Reverse Mortgage?

How the Loan Balance Works

HECM For Purchase

Financial Planners

No Longer a Last Resort

Sequence of Returns

Common Examples of What a HECM Can Help You Do

  • Purchase a new home to fit your lifestyle needs
  • Reduce monthly expenses by paying off existing mortgage
  • Enhance your cash flow
  • Create an emergency fund
  • Fund for home repairs or upgrades
  • Fund the expense for caregivers, live-in nurses, or other in-home care
  • Protect your retirement portfolio
  • Reduce monthly expenses by paying debt
  • Incorporate housing wealth into your retirement plan
  • Increase cash to help ensure monthly bills are paid
  • Reduce the burden of out-of-pocket healthcare costs
  • Have the cash for a large expense, such as a vacation or vehicle
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Rick's Blog

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What Are the Pros and Cons of Today’s Reverse Mortgage?

A reverse mortgage allows homeowners, typically aged 62 or older, to convert home equity into cash without selling their home or making monthly payments. Key pros include no obligatory mortgage payments, tax-free proceeds, optional flexible payment options, and protection against owing more than the home’s value. Main cons include significant upfront costs and increasing loan […]

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Who Created Reverse Mortgages in the US?

Some people have heard that a reverse mortgage is a scheme or a scam perpetrated on helpless seniors. Others may consider a reverse mortgage a welfare handout. Many are surprised to learn that the 100th U.S. Congress initiated the modern reverse mortgage through the Housing and Community Development Act of 1987, which President Ronald Reagan […]

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How Would More Attention to the Housing Asset Affect the Covid-19 Retirement?

FPA San Francisco Newsletter Rick San Vicente, VP NW Sales Leader, Mutual of Omaha Mortgage with Shelley Giordano, Academy of Home Equity in Financial Planning, University of Illinois The famous physicist Werner Heisenberg reportedly mused that when he gets to Heaven, he hopes that “turbulence” can be at last be explained to him. Tongue-in-cheek, Heisenberg […]

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