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Your Local Florida Reverse Mortgage Planner. I have helped hundreds of clients to better understand how a reverse mortgage works and come up with a strategy to help them in their retirement years. I will personally visit your home to discuss in private the possibilities and educate you on the process. Give me a call today at 904-299-8845
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Florida Reverse Mortgage – If you are looking for an easy mortgage refinance, then we can help. Find out how much you can save today.
A reverse mortgage is a loan available to homeowners, 62 years or older, that allows them to convert part of the equity in their homes into cash. The product was conceived as a means to help retirees with limited income use the accumulated wealth in their homes to cover basic monthly living expenses and pay for health care.
The reverse mortgage loan has continued to evolve since its introduction in 1961 and only grows stronger and safer with each year. This is primarily due to rules and regulations set by the Federal Housing Administration (FHA). The FHA continually updates and regulates reverse mortgages with new guidelines to protect you as a borrower.
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All Reverse Mortgage originates in Florida and offers refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payment; or can help borrowers utilize their equity for other purposes if they have no existing loan or possibly a combination of both.
Florida Reverse Mortgages Currently, the Florida HECM (Home Equity Conversion Mortgage) is the most popular reverse loan program in Florida as well as the rest of the country. With a Florida HECM reverse mortgage, you have several options to choose from including fixed rates, adjustable rates and purchase reverse mortgages.
It seems like Reverse Mortgage servicing companies are pulling a reverse mortgage scam on unsuspecting seniors with a Florida Reverse Mortgage. They are showing no shame in doing it either. reverse mortgages are great because they give seniors who are house rich and cash poor needed cash.
Consider the benefits of a reverse mortgage, and learn about how a reverse mortgage can help you improve your financial position. Your Florida Reverse Mortgage Specialists.