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Five Steps to get a Reverse Mortgage in Florida
Our Reverse mortgage specialists will guide and take you through the Florida Reverse Mortgage options for you to choose from. These important decisions call for your complete understanding. That is why we are there with you at every step answering all the questions that you may wish to ask. Do also consult your family and friends.
1. Step One
Call us. We will give you the details over the phone. Then our Florida Reverse Mortgage Specialist will visit you and explain the reverse mortgage options at your home. This free reverse mortgage analysis comes to you free.
2. Step Two
Your Florida Reverse Mortgage options are based on:
Appraised value of your current home
The reverse mortgage borrower's age
Current interest rates
3. Step Three
When you decide to go ahead, our HUD approved consultant will come to you. This too is at our expense.
4. Step Four
A new Reverse mortgage is then approved, closed and recorded. Your home is yours for the rest of your lives. You also get paid to live there.
5.Step Five
Once the loan is approved, choose your payment method. The payment method can be either as a lump sum or monthly payments. You can now live a hassle-free life and get paid too for it! The money from your Florida reverse mortgage can be used for anything including:
To pay off your mortgage and credit card debt
To Pay for home improvement
To meet healthcare costs including prescription drugs
For Vacations
To purchase cars or boats or new furniture
To assist grandkids pay for collage
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