Orlando Reverse Mortgages
MLS Reverse Mortgage is a Orlando reverse mortgage lender offering the HECM (Home Equity Conversion Mortgage) Program. The HECM is the most popular reverse loan program in Orlando Florida. With a HECM reverse mortgage, you have several options to choose from including fixed rates, adjustable rates and purchase reverse mortgages.
FHA Reverse Mortgages in Orlando, Florida
Orlando is 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 Orlando reverse mortgage is an increase in the total benefit available to them.
For comprehensive Orlando 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.
Orlando Reverse Mortgage Numbers
|Orlando HECM Originations (Past 3 Years)|
|Endorsement Period||HECM Loans Originated|
|12/1/05 – 11/30/08|
Total for ORLANDO: 8,915
The above chart shows HECM Loans Originated in the HUD ORLANDO, FLORIDA HUD Field Office. Performance Period: Displaying HECM loans that were endorsed within the past 3 years. Data shown includes all cases with beginning endorsement date between December 01, 2005 and November 30, 2008. 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 Orlando 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.
Orlando Florida Links of Interest: City of Orlando | Area on Aging – Central Florida