Reverse Mortgages Near You - Chico Reverse Mortgage Lender.
Meet Michael Brouse
Michael Brouse
Reverse Mortgage Specialist
NMLS #805832
Shop for the best reverse mortgage deals in Chico, California.
Michael Brouse and Guaranteed Rate are great people to talk to in Chico if you’re curious about this incredibly powerful loan device, from Rohnert Park to Novato or anywhere in Sonoma County.
Michael has worked in the mortgage industry for more than 20 years and understands it back to front.

He loves helping seniors explore all of their options in retirement using a reverse mortgage as a vehicle to achieve their retirement goals.
Michael’s focus is very much hands on, working with clients to understand the specific needs of each individual and couple he works with.
Educating his clients is paramount to their understanding and confidence as to whether a reverse mortgage is the right option for them.
He has worked extensively with financial advisors, CPAs, realtors and estate planning attorneys and welcomes their input.
What is a reverse mortgage?
A reverse mortgage is one of the stars of the loan market because it can transform the lives of seniors who are struggling with the rising cost of living.
It is just the ticket for retirees who own their own home but are watching their savings nest egg dwindle away.
If you are at least 62 years of age, you can apply for this loan which will give you the capacity to convert the equity you have in your home into a supplementary income stream.
This will allay fears of having to sell your home and downscale, just to put food on the table.
Approved applicants can instead look forward to remaining in their cherished homes and start planning to live out their retirement with a great deal more comfort.
Homeowners can be paid in a variety of different ways including a lump sum payment, monthly installments or a line of credit – a combination of all three is also available.
One of the best aspects of this loan is that as long as the terms are met, there is no need to repay it until either the homeowner sells the residence or the last surviving borrower passes away.
A buoyant property market has seen homeowners in Chico enjoy a rise of 0.7 percent over the last 12 months taking average prices to $452,4424* (https://www.zillow.com/home-values/37863/chico-ca/).
That is potentially quite a lot of equity!
There are 392 people in the Chico area with a reverse mortgage with 16 of them having purchased one in the last 12 months*.
About Chico, California
Petaluma was named after the Native Americans who lived at the foot of Sonoma Mountain.
The name roughly translates as “flat back”, possibly in reference to the mountain’s summit.
The name was also given to the original Rancho in the 1830s by General Mariano Vallejo who is considered to be the founder of the city.
The discovery of gold in the Sierra Nevada in 1848 brought an influx of pioneers to Petaluma, while the river of the same name became a busy waterway for the trade of produce and raw materials to and from San Francisco.
Dairy, olives, vineyards and chickens were also big industries, with Petaluma once known as the “Egg Capital of the World”.
The first official airmail flight took place in 1911 from Petaluma to Santa Rosa.
The city has always embraced its small town status and went to court in 1975 to resist the advances of developers.
Although it didn’t stop a rush of telco start-ups setting up in Petaluma in the 1990s, earning it the moniker “Telecom Valley”.
The population now sits at around 60,000 people.
Less than an hour’s drive to the heart of the Napa Valley, The Marin French Cheese Company and Lagunitas Brewing Company are testimony to the importance of the food industry to Petaluma.
Contact your Chico reverse mortgage lender today.
Michael and his team at Guaranteed Rate are ready, willing and looking forward to fielding your calls, when you need the best advice on reverse mortgages.
Please call him at (707) 285-0504 and he will be happy to assist you.
*As of February 2025
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