Florida Reverse Mortgage Lender

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Our Jacksonville Florida office has been seeing more and more reverse mortgage business.  It seems there are many north Florida seniors who are taking advantage of the Reverse Mortgage.  Most of the loans are FHA Insured HECMS although some have utilized our Jumbo Product.


Our Jacksonville Beach office serves the North Florida market.   As a local company we understand whats going on with values in Florida and that values can change greatly from neighborhood to neighborhood.  This understanding of local market trends allows us to serve our local customers much better than a company located out of state.  Our employees have lived in many of the neighborhoods and areas where we now make loans which gives us a much better understanding of the values.


We have recently made loans in Jacksonville, Ponte Vedra, St. Augustine, Orange Park and many other North East Florida communities.


The Jacksonville office is located at:

340 3rd Ave South, Suite A

Jacksonville Beach, Fl 32250

 


To get the the office travel east on Beach Boulevard to Jacksonville Beaches.  Turn left on 3rd Street/A1A and travel south three blocks to 3rd Ave South.


 

We are proud to offer a Fixed Rate Reverse Mortgage!  Many Seniors have been hesitant to take advantage of the benefits of a reverse mortgage because of the adjustable rate.
HUD Eliminates Principal Limit Lock for Fixed Rate HECMs
HUD Recently released a Mortgagee Letter that effectively eliminated the Principal Limit Lock for HECM Fixed Rate Loans.  The notice stated that the final note rate had to match the rate used to calculate the principal limit.



























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