Reverse Mortgages in Jacksonville, FL

Whether strolling the beaches or walking along the St. John’s River in Jacksonville, retiring is a great way to enjoy the sun and warmth, offering you well-earned rest. Many residents love exploring the diverse arts, cultural attractions and restaurants. Consider a reverse mortgage to ensure your financing is set to continue the relaxing lifestyle you’ve worked so hard for.

Senior Lending Corporation, a local reverse mortgage company in Jacksonville, is ready to help you live your retirement your way.

800-822-1190

What Is a Reverse Mortgage?

A reverse mortgage is a loan that helps you finance your retirement by allowing you to borrow money from your home’s equity. You’ll receive funds from your mortgage to use however you like, from paying off credit card bills to making home improvements.Your options for receiving money vary, including a:

  • Fixed monthly payment.
  • Line of credit.
  • Lump sum.

At Senior Lending Corporation, we offer the most popular type of reverse mortgage: home equity conversion mortgage (HECM). HECM reverse mortgages are the most secure because they are Federally Insured.

Watch Our “Your Retirement Plan” Video Below

Advantages of a Reverse Mortgage in Jacksonville

Retired homeowners will love the benefits a reverse mortgage provides , such as:

  • Homeownership: You’ll continue living in your own lovely home while receiving financial benefits from its equity.
  • Financial freedom: A reverse mortgage gives you more financial freedom because you’ll have additional income to use any way you want.
  • Secure funding: HECM reverse mortgages are federally secured, so if the housing market declines, you won’t have to make up the difference in your equity if your home’s value drops.
  • Tax-free income: The funds you receive from a reverse mortgage are tax-free, so you don’t have to pay taxes on them.

Basic Reverse Mortgage Requirements

To get a reverse mortgage, you must meet the following requirements:

  • Be at least 62 years old to qualify.
  • Have significant equity in your home..
  • Meet minimum income and credit requirements.
  • Live in the home for most of the year.
  • Keep your home in good condition throughout retirement.

Why Choose Senior Lending Corporation in Jacksonville?

Whenever you need a Jacksonville reverse mortgage company, Senior Lending Corporation is here to help. We’ll ensure you have the funds necessary to sustain your retirement. When you work with us, you’ll enjoy advantages like:

  • Years of experience: Our team of reverse mortgage advisors has many years of experience helping Jacksonville retirees maximize their retirement. We’ll serve you with the same expertise we’ve used to serve others.
  • Licensed in Jacksonville: We fulfill all the requirements and qualifications needed to provide reverse mortgages to Jacksonville residents. We also serve retirees throughout Florida.
  • Trusted reverse mortgage experts: Our team ensures you have all the information needed to determine if a reverse mortgage is right for you. With our expertise, we’ll make sure your reverse mortgage gives you the most benefits possible.

Talk With a Reverse Mortgage Advisor

Are you ready to have peace of mind with your finances during your retirement? Call Senior Lending Corporation at 800-822-1190 to speak with a licensed reverse mortgage counselor today and start living your retirement as you always wanted.