At Great Florida Lending Inc., we're truly passionate about helping our clients live their best lives. Our main office is located in South Florida but we offer Reverse Mortgage solutions for seniors in all of Florida. These specially designed, federally mandated loans are designed to help seniors make the most of the financial investment they've made in their homes.
We are ready to answer your questions about Reverse Mortgage in Florida and educate you on ALL your possible options. Like any financial choice, a Reverse Mortgage is not available to and not right for every client. Our seasoned loan officers are here to help you at every step of the decision-making process. Contact us to schedule an appointment at our office or in the comfort of your home.
Great Florida Lending is here for you! Also known as a Home Equity Conversion Mortgage (HECM), a Reverse Mortgage allows a person aged 62 or older to receive a loan in installments - as a lump sum, or as a line of credit. Our senior clients use these funds for a number or reasons.
We are ready to answer your questions about Reverse Mortgage in Florida and educate you on ALL your possible options. Like any financial choice, a Reverse Mortgage is not available to and not right for every client. Our seasoned loan officers are here to help you at every step of the decision-making process. Contact us to schedule an appointment at our office or in the comfort of your home.
Great Florida Lending is here for you! Also known as a Home Equity Conversion Mortgage (HECM), a Reverse Mortgage allows a person aged 62 or older to receive a loan in installments - as a lump sum, or as a line of credit. Our senior clients use these funds for a number or reasons.
Services
The team here at Great Florida Lending is committed to providing borrowers with the highest quality Reverse Mortgages combined with the lowest rates and fees available in your area.
As a local mortgage company with its main office in Miami Florida, the heart of South Florida, that specializes in Reverse Mortgages, our outstanding mortgage professionals will work with you one-on-one to ensure that you get a financial solution that is tailored specifically to meet your financing needs during your retirement years.
As a local mortgage company with its main office in Miami Florida, the heart of South Florida, that specializes in Reverse Mortgages, our outstanding mortgage professionals will work with you one-on-one to ensure that you get a financial solution that is tailored specifically to meet your financing needs during your retirement years.
The Home Equity Conversion Mortgage (HECM) for Purchase allows seniors at least 62 years of age to purchase a home through a reverse mortgage.
This can be a valuable option for seniors who need a new home that better meets their physical needs, or who wish to move closer to family members.
Since this is a reverse mortgage product, monthly payments are not made on the new house.
Unlike the traditional reverse mortgage, HECM for purchase loans require a down payment, which you must pay with your own cash.
This can be a valuable option for seniors who need a new home that better meets their physical needs, or who wish to move closer to family members.
Since this is a reverse mortgage product, monthly payments are not made on the new house.
Unlike the traditional reverse mortgage, HECM for purchase loans require a down payment, which you must pay with your own cash.
A Reverse Mortgage is a loan available to seniors over the age of 62 which allows them to convert the equity in their home into cash.
A reverse mortgage can also be used to purchase a home.
To qualify for a reverse mortgage, a borrower must be at least 62 years old, own a home, and have sufficient equity in that home.
A lender will also complete a financial assessment of the borrower.
Single-family homes, 2-4 unit properties (one unit occupied by owner), FHA-approved manufactured homes, HUD approved condominiums, and townhomes are eligible for a reverse mortgage.
A reverse mortgage can also be used to purchase a home.
To qualify for a reverse mortgage, a borrower must be at least 62 years old, own a home, and have sufficient equity in that home.
A lender will also complete a financial assessment of the borrower.
Single-family homes, 2-4 unit properties (one unit occupied by owner), FHA-approved manufactured homes, HUD approved condominiums, and townhomes are eligible for a reverse mortgage.
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