American Pacific Reverse Mortgage Group

NMLS #1629852

Tim Hemmen Reverse Mortgage Specialist logo
Tim H2(1)

Your Reverse Mortgage Specialist

Hi! I’m Tim Hemmen. With over 10 years mortgage experience, I provide borrowers with a complete consultation on whether a Reverse Mortgage is right for them. I can help you on your Reverse Mortgage journey.

American Pacific Reverse Mortgage Group

NMLS #1629852

Equal Housing Opportunity

What is a Reverse Mortgage?

This federally insured loan is designed to help U.S. homeowners age 62 and older with their financial needs in retirement. There are basic borrower and property eligibility requirements. You may be eligible at this time based on your present age, current rate and home value.

  • It’s a loan on the equity of your home.
  • There is no principle or interest payment required.
  • It’s a non-recourse loan and does not attach itself to any other asset.
  • The title of the home remains in the borrower’s name, not the bank.
  • The loan is repaid when the borrower sells the home, moves out of the home, or passes away.
  • On the FHA HECM Loan, the required FHA Insurance protects the Homeowner, Heirs, the Estate and the Lender. At the end of the loan when the home is sold, if the value of the home is less than the value of the loan, the lender files an insurance claim with FHA for the balance due to them. No additional money is owed from the borrowers or the heirs.

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What Can I Use a Reverse Mortgage For?


Eliminate a monthly principal and interest payment on an existing mortgage


Get access to the equity in your home so you can extend your savings further into retirement


Cover unexpected medical costs and family emergencies


Home improvements or home repairs (water heater, new roof, etc.)


Long term healthcare


Replace lost Social Security income when a spouse passes away


A dream vacation or motor home


Buy a second home for rental income, or a vacation home.

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Advantages of a Reverse Mortgage?

  • An FHA Insured Reverse Mortgage is called a Home Equity Conversion Mortgage (HECM). It allows you to defer mortgage payments for the life of the loan, giving you greater monthly cash flow.
  • A HECM is a flexible money management tool that can help you preserve your savings or delay taking Social Security out until later, so you can receive a larger payout.
  • A HECM provides tax-free cash that you can use virtually any way you wish.
  • Any remaining equity in the home can be passed on to the surviving heirs after the HECM loan balance is paid off.
  • A HECM Reverse Mortgage line of credit can provide you with a lifelong financial safety net. Pay interest only on the portion you use while watching the unused portion increase in size year after year.
  • A HECM allows you to eliminate monthly mortgage payments while staying in your home. You, however, are still responsible for maintaining your home and paying your property taxes and homeowners insurance, and keeping the home of your primary residence.
  • The money from the HECM loan is paid directly to the homeowner(s) and can be used for just about anything.
  • A HECM is a special “non-recourse” loan for seniors that is insured by the U.S. Federal Housing Administration (FHA).

How Will I Receive My Money?

There are three ways to access the equity in your home:

  • Lump Sum
  • Receive a Monthly Distribution
  • Access the Line of Credit when you need it

You may select one of these pay out options, or a combination of the three. I can review these different options with you and help you decide which one is best for you.


How Do You Qualify for a Reverse Mortgage?

  • You must be at least 62 years old.
  • You must own your home or be buying one.
  • The home must be, and remain, your primary residence.
  • You must pass a financial assessment. (income and credit standards.)
  • You must take a counseling session with an independent, FHA approved, counselor.

How to Apply - It’s a Simple Process

Three steps to get through your reverse mortgage and started on retirement.



Call 916-616-8632 to learn if a reverse mortgage is right for you.  You will receive a proposal based on the value of your home, the age of the youngest borrower and the prevailing interest rate.



I provide you with a list of FHA approved counselors to call and schedule an independent counseling session to be sure you understand everything about a reverse mortgage



A loan application is completed after the counseling is done.  The loan process, including appraisal, takes approximately 30-75 days depending on market conditions.

I will help you determine if you qualify for a reverse mortgage and how much money you could qualify for. Call me and see for yourself why more than a million senior homeowners have already taken advantage of this special loan designed for retirement.


Contact Tim

My older brother lives on his own and on Social Security and needed help financially. On the plus side, he owns his home. So a friend recommended Tim for help with a reverse mortgage and we are very grateful she did! He explained the process in detail then walked my brother through everything - step by step until the reverse mortgage closed. My brother has piece of mind now. I would recommend Tim to everyone.

- Mary Jo R.

Tim was outstanding! We had many questions which all were answered and more. When the interview process was completed we understood exactly were we were with no surprises. Tim also supported us during the complete loan process to clarify or straighten out any issues that arose. Tim is a extreme professional and is very approachable, a rare pair which made the process somewhat pleasant.

- Mike E.

Tim made it easy and understandable, plus I always felt cared for. I am so grateful for the timing of my reverse mortgage. What a difference it’s making in my mental health during this pandemic.

- Robyn D.

Tim is professional and friendly. He knows his product and knows how to lead the process every step of the way. When issues arise, he is able to resolve them quickly and effectively. We would definitely recommend Tim to anyone in need of this service.

- Patti & Hal M.


How To Get Started

Since 1988, more than a million senior homeowners across the country have used this special loan to live a better life. Like many older adults, you may have a substantial amount of wealth in your home that is not being utilized.

At no cost or obligation to you, I can show you how to put the untapped wealth in your home to work for you with an FHA government-insured Home Equity Conversion Mortgage (HECM).

To request free HECM educational materials and a free confidential consultation, please call me at 916-616-8632.

American Pacific Reverse Mortgage Group is typically in the nation’s top 20 of origination of FHA insured HECM loans. I invite you to let me personally show you first-hand why American Pacific Reverse Mortgage Group service is exceptional.

Reverse Mortgage Resources


National Policies & Programs
Addressing America's Housing Needs


Your Guide to Reverse Mortgages


Q: What is HECM?

A: Pronounced (heckum). It’s a reverse mortgage that is insured by FHA. HECM is an acronym for a Home Equity Conversion Mortgage. In 1988, former U.S. President Ronald Reagan, signed the FHA bill that put HECM loans into law.

Q: What is the FHA?

A: The Federal Housing Administration (FHA) is a United States government agency created in part by the National Housing Act of 1934. The FHA sets standards and provides insurance for loans made by banks and lenders that offer Home Equity Conversion Mortgages (HECM)

Q: What is Home Equity?

A: Simply put, home equity is your home’s fair market value less the outstanding balance of all liens on the property...e.g. If your home is worth $250,000.00 and you owe $100,000.00 on your mortgage (lien), you’d have $150,000.00 of equity.
Here’s the formula: Home Value - Liens = HOME EQUITY

Q: What is a Lien?

A: When you take out a mortgage loan, the company lending you the money places a lien on your property to secure the debt. The owner of the property is referred to as the borrower and the lender is referred to as the lienholder.

Q: What is Primary Residence?

A: To qualify as your primary residence, you must typically live in the property for at least 6 months and one day per calendar year.

Q: What is a Non-Recourse Loan?

A: An FHA-insured HECM is a non-recourse loan, which is beneficial for consumers. This means when the loan becomes due and payable (i.e. you move out or pass away), if the reverse mortgage balance is higher than the value of your home, neither you nor your heirs will be required to pay the difference. That’s because the FHA insurance covers the difference to pay off the lender.

Have a Question?

I am available to answer your questions with no cost or obligation. Contact me at 916-616-8632

Trusted Affiliates

Lyon Real Estate
New Leaf Senior Transitions
DePiazza Fiduciary

Putting it in reverse, advisors warm to reverse mortgages

Ilana Polyak

It’s no secret that Americans are largely unprepared for retirement. But according to some financial advisors, they could be improving their financial standing significantly by factoring in home equity into a comprehensive retirement income plan.

Consumer Financal Protection Bureau

When do I have to pay back a reverse mortgage loan?

Reverse mortgage loans typically must be repaid either when you move out of the home or when you die. However, the loan may need to be paid back sooner if the home is no longer your principal residence, you fail to pay your property taxes or homeowners insurance, or do not keep the home in good repair.


Why Open a Reverse Mortgage Before It Is Actually Needed

Wade Pfau, PhD Economics, Princeton

Would the line of credit ultimately be larger if opened earlier rather than later? We can further explore this question with a more realistic example.


Reverse Mortgages Can Help House-Rich Seniors Free Up Cash for Retirement

Neal Templin

If you’re a senior with serious digs in places like California or the New York City area or other markets where many homeowners are house-rich and cash-poor, you might be able to secure such funds with only your home.


Seniors Turn To Reverse Mortgages As A Cash Lifeline During The Coronavirus Crisis

Ilana Polyak

With coronavirus shutdowns wreaking havoc on the global economy, investment portfolios are also getting battered. The S&P 500 is down more than 10% since the start of the year.

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