Reverse Mortgage

Are you a senior in currently living in sunny Florida or interested in retiring to the Sunshine State? Looking for a way to increase financial flexibility and enjoy a higher quality of life? With a reverse mortgage, you can do so while staying in the home you currently reside in.

How It Works

When you take out a reverse mortgage, a portion of your homes equity is converted into cash. While a reverse mortgage does need to be paid back, this can be delayed until a maturity event takes place. That means that the loan does not need to be repaid until the last borrower on the loan passes or the home is sold.

Reverse Mortgage Benefits

Why choose a reverse mortgage to increase liquidity in your budget?
Here are a few great reasons:

It is up to you how you use the money which is freed up through your reverse mortgage.

You can select a disbursement option which suits your needs.

You get to raise your standard of living without moving out of your existing home.

In many cases, the money you receive through a reverse mortgage is not subject to taxation.

You do not need to make monthly payments on a reverse mortgage.

What You Can Do With a Reverse Mortgage

A reverse mortgage can be used in any fashion you choose.
Here are just a few possibilities:

Repair or upgrade your home.

Pay medical bills.

Finance education for family members.

Go on your dream vacation.

Put the money toward starting up a business of your own.

Have more money on hand for regular monthly expenses.

You may come up with many more ideas for spending the money from a reverse mortgage which are not listed here. You might even just want that extra cash available as an added safety net should the need arise.

The amount of money you can receive through a reverse mortgage is contingent on how much equity you have in your property and the age of applicant.

Are You Eligible for a Reverse Mortgage?

To qualify for a reverse mortgage in Florida, you need to meet these basic requirements:

The minimum age to apply is 62.

The home you are pulling equity from needs to be your primary residence.

You must be current on all payments which are relevant to your home. These include your property taxes as well as homeowner's association payments and the insurance premiums on your property.

Your home must be properly maintained according to the standards set by the Federal Housing Administration (FHA).

You also will need to satisfy basic requirements relating to your tax history, credit and income. During your consultation, we can go over all reverse mortgage rules and requirements in detail.

Apply Now for a Reverse Mortgage and Get the Cash You Need

It is time to increase flexibility in your budget and get the money you need to finance repairs or upgrades, pay your bills, or simply enjoy some luxuries during retirement by not having to worry about making a monthly mortgage payment. Contact us today at 954-840-8811 if you are ready to apply for a reverse mortgage!

See What Our Clients Are Saying About Us!

Miles Harrelson
Miles Harrelson
12:57 09 Mar 24
The A team was exactly that!!! Alex and his team were ready to help out at any time of the day at a drop of a dime! The professionalism they excelled was beyond more than anyone can ever imagine! They made the process so easy going, as well as stress free as possible, and if you’re buying a home you know it can get stressful at times. I appreciate the whole A Team especially Alex for making the deal happen and getting my house!
Josue Vences
Josue Vences
02:19 05 Mar 24
Frank and his team have been amazing. We were with another lender that couldn’t get us to closing and as soon as we got introduced to Frank he had his team especially Alex reach out to us to get the process going. Within almost 2 weeks we closed on our first house! One of the things we loved about this group is that they always answered our questions, always kept us updated on our progress and always available when we needed them. Couldn’t have asked for a better mortgage team. Will definitely be recommending them to others that are looking to buy a home!
Tiffany Avera
Tiffany Avera
19:47 04 Mar 24
I can not recommend Frank, Alex and their team more. Through every twist and turn they were there, they were responsive to all my questions and mostly, got me closed in under 30 days!
Mitchell Munro
Mitchell Munro
19:33 28 Feb 24
Jordan was greatly helpful and on top of his game. From the beginning, he was extremely responsive and dedicated time to educating us on every step of the home buying process. We had a closing period of 28 days and had no issues or concerns of closing within that time. The other staff members at Premier Lending were also knowledgeable and responded quickly to our calls and emails. Overall, working with Jordan was very easy and he helped us stay comfortable while purchasing our first home. We were satisfied with our experience and would recommend all homebuyers to work with Premier Lending, especially Jordan.
juan flores
juan flores
23:58 27 Feb 24
Alexis work hard with me on getting my mortgage. Excellent work ethics and high level of commitment to his clients.
Gilma Patino
Gilma Patino
23:38 27 Feb 24
Fue una experiencia muy buena ya que me sentí muy acompañada desde el primer momento hasta que se terminó toda la gestión mil gracias por todo su apoyo señor Elias Loredo.
Yurixander Gómez
Yurixander Gómez
23:12 27 Feb 24
Muy buena atención muy profesionales y cuando llamas siempre hay disponibilidad para ayudarte.
joshua cosenza
joshua cosenza
18:13 27 Feb 24
Alexis and her team have helped multiple clients of mine and have consistently been diligent and steadfast through the process. Their patience and professionalism have helped my clients me safe and made the lending process smooth.
Natosha Scungio
Natosha Scungio
17:33 27 Feb 24
Alexis VanLandingham is by far the best in the game!! I highly recommend her to my clients in need of financing. She not only provides unwavering concierge service to my clients, which makes them feel like she is not just a business partner, but a friend. She also has been able to beat out competitive lenders on rates as well. If and when shopping for a home, you want Alexis in your corner! Trust me.
Dailee Wright
Dailee Wright
01:41 27 Feb 24
Alexis was amazing. We can’t thank her enough. She got our VA loan closed in 9 days. We got in our new house early because of her! Thank you.
Saima Chaudhry
Saima Chaudhry
03:23 22 Feb 24
Informative and easy to work with; highly recommend
evan kessler
evan kessler
16:47 21 Feb 24
As a realtor, working with Alexis has been a game-changer for my clients. Her professionalism, attention to detail, and commitment to finding the best financing options make her an invaluable asset. I confidently recommend Alexis to anyone in need of a top-notch loan officer.
Galya Lapicola
Galya Lapicola
22:45 15 Feb 24
For the second time, Federico Larrosa took care of me!First time with my refinance and then with my Heloc! The process was absolutely painless and quick because Federico made it happen. He is very cordial, friendly and knowledgeable. Please connect with him should you ever have mortgage, refinances, Heloc / Heloan. Thank you Federico!
Como agente inmobiliario, mi experiencia con el Elias Loredo de Premier Lending ha sido excepcional en todos los aspectos. Desde el inicio de nuestra colaboración, este banco ha demostrado un compromiso inquebrantable con la excelencia en el servicio y la satisfacción del cliente.Una de las características más destacadas de Elias Loredo, es su enfoque proactivo y personalizado para cada transacción. Desde el momento en que nuestros clientes expresan interés en obtener un préstamo hipotecario, el equipo del banco se pone en marcha para proporcionarles la mejor solución financiera posible. Han demostrado una comprensión profunda de las necesidades y circunstancias individuales de cada cliente, lo que ha resultado en préstamos personalizados que se adaptan perfectamente a sus situaciones específicas.Además, la eficiencia del proceso de préstamo del Banco Premier Lending es insuperable. Su equipo de profesionales capacitados y dedicados trabaja incansablemente para garantizar que las transacciones se completen de manera oportuna y sin contratiempos.Como agente inmobiliario, valoro enormemente la rapidez con la que el banco responde a las solicitudes de préstamo, lo que contribuye en gran medida a cerrar acuerdos de manera eficiente y satisfactoria para todas las partes involucradas.Lo recomiendo 100%.
Oscar Mata
Oscar Mata
18:53 14 Feb 24
He met my expectations and met my needs and requirements.Mr. Elias Loredo is a very kind, responsible person and was always attentive to my case for the approval of the home loan
ari sosa
ari sosa
16:48 09 Feb 24
Alexis VanLandingham is a superstar she handled our loan needs very professional and go above and beyond to close our apartment in time and make the right connections to accomplish Kudos for Alexis !!! We are looking forward to continue working with Alexis and her team!!
Angelica R
Angelica R
15:10 09 Feb 24
Alexis was amazing to work with. She answered all of my questions and made the process seamless and incredibly easy. Highly recommend for any and all loan needs. Thank you Alexis!
Ronald Palka
Ronald Palka
19:09 08 Feb 24
This is my fourth (or fifth, cant remember :-) with Frank Christiano and the entire team of PL CORP. Anthony, Alex, Frank and the rest have been nothing but an absolute pleasure to deal with all of these times we have bought and sold. They are efficient, knowledgeable, quick and are always there when needed. I recommend them to everyone, as you will too!
Juan Angarita
Juan Angarita
13:18 08 Feb 24
A truly stellar experience. PLC and Team were agile, diligent and ensured they provided a personable experience to make the our home purchasing process as easy as possible. Juan Fajardo is incredible, thank you.
Twin Pallets Corp.
Twin Pallets Corp.
01:05 08 Feb 24
Nuestra experiencia como compradores de vivienda por primera vez fue increíble . Desde principio a fin, Elías Loredo estaba bien informado y nos apoyó durante todo el proceso. Es una persona con mucho profesionalismo y honesta hablando claro desde un inicio y Realmente no sé qué habríamos hecho sin la ayuda de el. Una vez que encontramos la casa que nos gustaba, Elias Loredo coordino todo sin esfuerzo ! Estamos muy agradecidos con el .¡Recomiendo encarecidamente trabajar con el! 10/10.
Harold Cuervo
Harold Cuervo
22:40 06 Feb 24
I had an incredibly positive experience working with Elias for our family's mortgage needs. From the very beginning, Elias demonstrated unparalleled professionalism and a deep understanding of the mortgage industry, which instilled confidence in us throughout the entire process. His attention to detail, prompt communication, and willingness to go above and beyond made what could have been a stressful endeavor into a smooth and successful journey. Thanks to Elias, my family was able to secure a mortgage for our second investment property under terms that exceeded our expectations. I highly recommend Elias to anyone looking for expert mortgage advice and services. His dedication and expertise are truly exceptional.
anna
anna
21:42 06 Feb 24
Juan Fajardo and Premier Lending Corp ,I can only say thank you very much for the great friendly and professional attention.I recommend this company for this type of business that has to do with the refinancing of properties. Excellent work.
Matt Smith
Matt Smith
17:47 05 Feb 24
I’ve been in the Real Estate biz as a full-time Realtor for 12+ years and have worked with a ton of lenders. Jordan Nicolosi and the team at Premier Lending are some the best across the board. Professionalism, Responsiveness, Competitive Rates & Fees, & tons of Solutions are what I look for and they have it all. Easy decision to use Premier lending Corp.
Montana Hughes
Montana Hughes
14:38 05 Feb 24
Alexis was great to work with. My clients were overseas and whenever an issue arose she was on top of it and led with solutions. If it wasn’t for her, our deal wouldn’t have closed. 10/10
Saudia H
Saudia H
20:57 04 Feb 24
Working with Alexis to purchase our first home was honestly so AMAZING!!! Our experience as first time home buyers was an absolute dream. From start to finish, Alexis was incredibly knowledgeable and supportive throughout the entire process. I was completely impressed with her professionalism and dedication to us. I truly don’t know what we would have done without her. Once we found the home that we liked, Alexis and our realtor worked side by side and coordinated everything so effortlessly for us. When she reached out to let us know we were almost at the finish line in purchasing our first home, it was honestly the BEST feeling in the world! I cannot thank her enough. I HIGHLY recommend working with her! 10/10.
IRAIDA USECHE
IRAIDA USECHE
03:45 02 Feb 24
There are not enough words to express our gratitude for the excellent management of Erika Bush; authentic, professional, efficient and extraordinary. She is always attentive to offer the best options to her clients. In my case she accompanied me until the end and successfully closed the purchase of my house. I recommended their 100% .
Margarita Torres
Margarita Torres
02:53 02 Feb 24
I have worked with Erika Busch, senior loan originator and have had excellent experience, she is very professional, excellent customer service and the best knowledge about all type of loans to offer her customers. I highly recommend working with her.
Erika provided invaluable assistance throughout the entire mortgage application process, offering unwavering support at every step.
Elisandro Carias
Elisandro Carias
00:36 01 Feb 24
Very professional team, Erika Busch met all expectations ! It only took 11 days to get my first home keys. I would recommend them to everyone. I’m very happy to have worked with them.
May Gonzalez
May Gonzalez
20:43 31 Jan 24
I had the best experience ever with Erika Busch, she is AMAZING!!! “I refer all of my clients to her, and I trust her work so much. She does an exhaustive search to get you the best rate and find the best mortgage program available. her ability to structure solutions and find advantageous financing sets her apart.”
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