Reverse Mortgage Lender

Sal Guardino

NMLS #239032 - CA BRE#: 960940

(408) 755-3508

About C2 Financial Corporation Inc.

Our Titles vary. We are mortgage consultants, loan originators, loan officers, and mortgage brokers.

What does not vary is that every day, borrowers like you entrust us with one of the most important financial decisions of your life, that if not executed properly can have long-lasting repercussions as was witnessed in 2008 during the mortgage meltdown.

We know that despite our best efforts and the government's best efforts to regulate the mortgage industry, our borrowers are too busy to review every last line of every single document. Our borrowers trust us as their mortgage advisor and that what they are signing is in their best interest.

We do not take that responsibility lightly. We do what is in the best interest for you, our client, not what is best for our pocketbook as some other brokers before us have done. We know by doing this, we not only are doing what is morally and ethically right, but we know this belief system will result in our borrowers referring us additional clients, the underpinnings of a long-term relationship.

In California, This licensee is performing acts for which a real estate license is required. C2 Financial Corporation is licensed by the California Bureau of Real Estate, Broker # 01821025; NMLS # 135622. For state licensing information outside of California, click here.

Highlights of C2 Financial

  • A+ - Rated and Accredited by the Better Business Bureau

  • Members of NAMB (National Association of Mortgage Brokers)

  • FHA/VA approved

  • C2 brokers are seasoned brokers. We do not hire newly licensed loan officers.

  • Many loan officers with C2 have obtained their CMPS designation

  • Managed by Principals with over 65 years experience in the mortgage industry

  • Former principals of the 2nd Largest Mortgage Broker in the US

  • Our corporate office is available to all clients to intervene as needed

  • Strict policies to ensure your confidential information remains confidential

  • Partners with the largest banks in the US

  • Accurate upfront rate and closing cost quotes.

What is a reverse mortgage?


As a Certified Financial PlannerTM, I look at Reverse Mortgages from a different perspective than other Mortgage Lenders. My clients use a Reverse Mortgage as a tool to take advantage of a financial strategy that is designed in their best interest and ONLY their best interest. There are many financial planning strategies that you can only have with a Reverse Mortgage. Contact me and I will show you how to make a reverse mortgage work for you.


Should the urgent need arise, how would someone get out of a reverse mortgage?


They can refinance or pay it off with outside funds. They also can sell the home at any time they wish.


On average, how much money does someone get from a reverse mortgage?


About 40-60% of the value of the home. The maximum loan amount is computed from the home value and the age of the youngest client.


Who can qualify for a reverse mortgage?


Anyone age 62 or older. If married, only one of the spouses needs to be 62 or older.


How much equity do I need to get a reverse mortgage?


Approximately 40-60% of the home's value. But it all depends on the age of the client so its best to contact me so that I can compute the amount needed.


Can I pay off my reverse mortgage early? If so, how do I do that?


Single Family Home, Townhouse, or in many cases a condominium also can work.


What happens to my reverse mortgage when I die?


The loan will need to be refinanced or paid off from outside funds or the sale of the home. The lender will give your heir's 90 days to decide how to pay off the loan and to provide documentation that they began to implement that decision. So long a the heirs communicate with the lender, the lender can extend the loan 30 days at a time to be sure progress is being made. But after nine months or so the lender will have to file a Notice of Default if the loan hasn't been paid off by that time.