Reverse Mortgage, Free Consultation!
Find out if you qualify for the program.
Call (561) 203-6772 to speak with our Experts!
Since 2003 we’ve helped Seniors in Florida get their Reverse Mortgage. Our professionals will explain your options in detail and help you design a reverse mortgage that meets your needs… Check out what a few of our customers have to say in the video below!
Learn More about how reverse mortgages work!
About Reverse Mortgage Loans
As a lender were here to help you design your reverse mortgage to meet your needs and assist you through the application process. The most popular type of reverse mortgage is known as the Home Equity Conversion Mortgage (HECM), which can be used to purchase or refinance a primary residence. We also offer jumbo programs for homes valued above FHA loan limits.
If you have sufficient equity in your home, a reverse mortgage can replace an existing mortgage, convert available home equity into a line of credit, payments or a lump sum draw at closing. Although no monthly mortgage payments are required with this type of mortgage, you’re still responsible for maintaining the home, property taxes, homeowners insurance, and any HOA or Condo dues that apply.
Who’s eligible to Apply?
- At least one applicant must be 62 years of age
- The home must be your primary residence
- Have sufficient home equity or down payment if purchasing a home
- You must meet the financial assessment requirement
- You must receive 3rd party Counseling
Eligible Property Types?
The home must be a Single-family residence, 1 to 4 unit home, an approved condominium, townhouse or a double or triple wide manufactured home that meets FHA & HUD guidelines. To verify if your property is eligible, contact us today at (561) 203-6772 to speak with our experienced professional!