Free Reverse Mortgage PDF's
Florida Reverse Mortgage Directory
Reverse Mortgage Consultant
Florida Reverse Mortgages
Larry McAnarney has been originating reverse mortgage loans since 1999 and would like to earn your trust and be your resource for reverse mortgage information. He will make certain that you understand how a reverse mortgage loan works and help you determine if it’s right for you. Should you decide that the reverse mortgage is right for you, he can also help you obtain a reverse mortgage loan, walking you through the loan process step by step.Read More
Larry McAnarney
NMLS ID 21059
Reverse Mortgage Consultant
Toll-free – 888-898-7121 | Cell - 815-654-7100
Email | Website
About Reverse Mortgages in Florida
The Florida reverse mortgage directory is happy to present this information to better help you understand this type of loan. The reverse mortgage, often referred to as the Seniors Reverse Mortgage is a unique type of loan product that directly benefits seniors during their retirement years. The Florida Reverse Mortgage is growing in popularity, as is the Reverse Mortgage in general. Proof of this growing popularity can be found from the below numbers (as brought to you by NRMLA the National Reverse Mortgage Lenders Association.)
- 2005 - 48,493 homeowners took out a reverse mortgage
- 2006 - 86,639 homeowners took out a reverse mortgage
- 2007 - 132,252 homeowners took out a reverse mortgage
There are a variety of FL. reverse mortgages available. The most popular Reverse Mortgage in Florida is the HECM. HECM stands for Home Equity Conversion Mortgage, and is usually what homeowners decide on when they consider getting a Reverse Mortgage. Florida reverse mortgages are fairly easy to obtain.
FL. Reverse Mortgage Requirements
- >>Borrowers must be Age 62 years or older
- >>Own their home and have enough equity in to qualify
- >>Occupy the home as primary residence
- >>Receive counseling by an approved HUD/FHA counselor
- >>The home must be in reasonably good repair
Revere Mortgage Resources
We do not make loans. If there is not a licensed representative in your area feel free to inquire with HUD, or the mortgage regulatory body in your state for more information on reverse mortgages. You may also contact the National Reverse Mortgage Lenders Association, or "NRMLA" for a licensed representative in your state.
