Florida Reverse Mortgages

FL State Seal-Florida Reverse Mortgage solutionsCurrently, 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.

FHA Reverse Mortgages in Florida

Seniors in Florida are really seeing a benefit due to the Government’s passing of the American Recovery and Reinvestment Act of 2009, which increased the national reverse mortgage lending limit to $625,500. What that means to seniors looking to get a Florida reverse mortgage is an increase in the total benefit available to them.

We serve all of Florida, including Bradenton, Clearwater, Cape Coral, Coral Gables, Daytona Beach, Fort Lauderdale, Fort Myers, Fort Pierce, Gainesville, Jacksonville, Lakeland, Miami, Naples, Ocala, Orlando, Pensacola, Punta Gorda, Sarasota, Tampa, West Palm Beach and everywhere in between.

For comprehensive Florida reverse mortgage information, please see the links to the left and above. If you would like someone to contact you, please fill out the form to the right.

Florida Reverse Mortgage Numbers

Florida HECM Originations
RankHUD Field OfficeTotal Area Originations
1Miami9,406
2Tampa3,943
3Orlando3,546
4Jacksonville2,686
Total for FLORIDA: 19,581

The above chart shows HECM Loans Originated in FLORIDA rolled up to the HUD Field Office level Performance Period: Displaying HECM loans that were endorsed within the past year Data shown includes all cases with beginning endorsement date between December 01, 2007 and November 30, 2008. Data sorted by Area Name in Descending Order. Data Source: HUD Neighborhood Watch

Considering a Non-FHA Reverse Mortgage?

Due to the current housing market conditions, we are not able to offer a Florida Jumbo reverse mortgage. Keep checking back periodically, as it is our belief that the jumbo, non-FHA, proprietary reverse mortgage market will be returning soon.

Florida Links of Interest: Office of Financial Regulation |