Santa Barbara Reverse Mortgage Loan Officer

Trusted Local Reverse Mortgage Specialist in Santa Barbara, California

If you’re a homeowner age 62 or older living in Santa Barbara, California, a reverse mortgage (FHA HECM loan) may allow you to access the equity in your home while continuing to live there. Working with a local Santa Barbara reverse mortgage loan officer ensures you receive guidance that reflects the unique housing market, property values, and lifestyle of our community.

Craig P. Greene of C2 Financial Corporation has been helping Santa Barbara homeowners with their mortgage needs since 1989 and has funded more than $1 billion in loans over the course of his career.

From Gaviota to Carpinteria, Montecito to the Mesa, Craig proudly serves seniors throughout Santa Barbara and along the coastline at the foot of the Santa Ynez Mountains.

Why Work With a Local Santa Barbara Reverse Mortgage Expert?

As a fifth-generation Santa Barbara native, born and raised in Montecito, Craig understands the unique financial considerations facing local seniors — from high property values and property taxes to long-term retirement planning in a coastal community.

Having guided clients through multiple market cycles, Craig brings clarity and experience to every reverse mortgage consultation. His approach is educational, transparent, and always tailored to the client’s long-term financial goals.

Because Craig works as a mortgage broker rather than for a single lender, he is able to shop multiple lenders to find the reverse mortgage solution that best fits each client’s needs.

He is also highly experienced in tax analysis, helping clients understand how a reverse mortgage may fit into their broader financial picture.

“In times of high inflation, a fixed income may not be enough to live on comfortably,” Craig explains. “One thing I’ve learned is that the wealth in one’s home can be tapped in many ways, helping homeowners maintain financial stability and peace of mind throughout retirement.”

Let Craig show you how.

What Is a Reverse Mortgage?

A reverse mortgage is a powerful financial tool designed for homeowners 62 years and older who have built significant equity in their homes.

Unlike a traditional mortgage, a reverse mortgage allows qualified homeowners to convert a portion of their home equity into cash—without required monthly mortgage payments.

This can be especially helpful for retirees who:

  • Own their home but are cash-flow constrained

  • Want to supplement retirement income

  • Wish to eliminate an existing mortgage payment

  • Want to remain in their home long-term

Funds from a reverse mortgage can be received as:

As long as loan terms are met, repayment is not required until the home is sold, or the last surviving borrower permanently leaves the home.

Reverse Mortgages and Santa Barbara Home Values

Santa Barbara homeowners have seen exceptional growth in home values. According to Zillow, average home prices in Santa Barbara have risen significantly, reaching approximately $1.8 million, creating substantial home equity for many long-time residents.

That equity may be used strategically to support retirement goals, improve quality of life, or provide financial flexibility — without selling the home.

Currently, hundreds of Santa Barbara homeowners are already using reverse mortgages as part of their retirement strategy.

About Santa Barbara, California

Santa Barbara is known as the “American Riviera,” blending coastal beauty, rich history, and a vibrant cultural scene.

Founded in 1782 with the construction of the Presidio, the city reflects strong Spanish and Mexican influences that remain visible today. Over time, Santa Barbara has grown into a thriving community of approximately 90,000 residents, supported by tourism, education, and local enterprise.

Home to four universities, a world-class waterfront, and beloved traditions such as Old Spanish Days Fiesta, Santa Barbara continues to be one of the most desirable places to live and retire in California.

Speak With a Santa Barbara Reverse Mortgage Loan Officer

If you’re considering a reverse mortgage in Santa Barbara and want guidance from someone who truly understands the local market, Craig and his team at C2 Financial Corporation are here to help.

Call 805-451-5301 to schedule a no-obligation consultation and receive clear, personalized information about your options.

Local. Experienced. Trusted.