Top Rated Reverse Mortgage Company in Florida

As Florida’s best reverse mortgage company, we pride ourselves on matching you with a program that meets your needs. You can count on us to help you plan your ideal retirement and make the most sensible choice. Securing your future is easier and safer with Senior Lending Corporation, your local reverse mortgage company.


What’s a Reverse Mortgage?

A reverse mortgage is a loan that lets you convert part of your home equity — or “housing wealth” — into cash without selling your property. You can use this money to supplement your retirement funds or pay off existing mortgages, credit card bills and other expenses. Reverse mortgages only require payment when you no longer live in your residence, making them a viable option for any Florida retiree.

With the right program, you can easily experience benefits.

A Reverse Mortgage’s Advantages Include:

  • Independence: A reverse mortgage lets you stay in your home while boosting your immediate cash flow. You’ll retain complete ownership of your property with no monthly payments. These loans are non-recourse, so you and your heirs are only responsible for your home’s current appraised value.
  • Reliable financing: The federal government insures your loan, meaning you’re protected even if the housing market declines. You may also receive your funds earlier in case of an emergency.
  • Tax-free proceeds: Your reverse mortgage funds are tax-exempt, so you’ll have more money to fund your retirement your way. However, please note that you must continue paying property taxes, insurance and other essential expenses.
  • Flexibility: A reverse mortgage is a versatile and customizable solution. Whether you want to use your funds for healthcare, renovation or other obligations, you can tailor your plan to suit your needs.

Speak To A Licensed Advisor 800-822-1190

Requirements for Reverse Mortgages in Florida

You’ll need to meet several conditions to qualify for a reverse mortgage. These criteria include:

  • Being at least 62 years old.
  • Meeting minimal income and credit requirements.
  • You need to own your home
  • Your home must be your primary residence
  • The home should be owned debt-free or have a large amount of equity
  • There should not be any tax liens
  • The home needs to be in good repair

We make it easy to check your eligibility. Senior Lending Corporation also offers a free information kit.

Secure Reverse Mortgage Company in Florida

You need a reputable reverse mortgage company to provide you with financial peace of mind. Senior Lending Corporation proudly serves all Florida retirees. When you choose us, you’ll receive professional reverse mortgage counseling in Tampa Bay to help you achieve your goals. Enjoy our unique advantages, which include:

  • Personalized financing solutions: At Senior Lending Corporation, we understand every client is unique. Our experts will help you explore your options and personalize your plan so you can retire the way you want.
  • A relationship-driven experience: Trust our licensed advisors to give you the guidance you need. With straightforward advice, prompt responses and complete transparency, you can count on us every step of the way.
  • Comprehensive education: We want you to make a well-informed decision. From helpful videos to verified references and a personal advisor, you’ll have many resources to help you get the most out of your loans.

Common Cities We Provide Reverse Mortgages for in Florida Include:

Retire Your Way With a Home Equity Conversion Mortgage

A home equity conversion mortgage (HECM) credit line lets you control your repayment and enjoy a stress-free retirement. With a HECM loan, you’ll have access to unique benefits, including:

  • The flexibility to pay what you want: Choose to pay your principal balance and interest, interest only, or nothing at all each month. The ability to pay on your own terms ensures you have the money to cover financial emergencies and obligations.
  • Guaranteed lifelong income: A HECM credit line gives you a steady cash flow just for living in your current home. As long as you maintain eligibility, you’ll receive secure funding that increases annually.
  • Complete ownership: Like with a traditional mortgage, you retain full ownership of your property. Once you no longer live in your home, your heirs can repay the loan or sell the residence. Any remaining equity belongs to them.

HECM loans are also versatile in their applications. As a Florida homeowner, you can use proceeds to:

  • Pay off credit card expenses and other debt.
  • Supplement your current income.
  • Renovate, repair and improve your home to fit your needs.
  • Replace social security or pension income.
  • Cover your existing mortgage.
  • Purchase your dream retirement home.

Apply for a Reverse Mortgage in Florida Today

One of the best ways to celebrate retirement is to ensure financial peace of mind for yourself and your loved ones. Whatever your needs and situation, Senior Lending Corporation has a solution that’s right for you. Call us at 800-822-1190 to get started! You can also fill out our online contact form.