Whether you have been a homeowner in Largo, Florida, for five years or 15, this beautiful city always offers something new to discover. However, as you enter your retirement, you may wonder about the best way to maintain your lifestyle on a new income. Luckily, a reverse mortgage is a great financial option that allows you to access money to use for anything from paying bills to financing your next big vacation.
A reverse mortgage is a financing option for retirees who may have limited savings but a lot of equity in their home. We offer two reverse mortgage options to provide greater flexibility. The first is a home equity conversion mortgage (HECM) which has additional insurance from the Federal Housing Administration. The second is a proprietary reverse mortgage, which is for high-value homes and does not have federal insurance.
Some of the main benefits of requesting a reverse mortgage include:
To qualify for a reverse mortgage, you must meet the following:
To receive a HEMC reverse mortgage or a proprietary mortgage, you will need to complete the following:
As Florida’s top reverse mortgage company, when you choose Senior Lending Corporation for your reverse mortgage needs, you will experience a variety of benefits such as:
Start enjoying greater financial peace of mind with Senior Lending Corporation. Our expert team is here to help you at every step of the reverse mortgage process and will ensure you feel comfortable. Contact us at 800-822-1190 or complete our online contact form to learn more today!