Florida Reverse Mortgage – Sunshine State Retirement
With its beaches and warm climate, Florida is a top retirement destination. A reverse mortgage from Money Well Lending allows seniors to enjoy the Sunshine State while turning home equity into dependable income—no monthly mortgage payments required.
Florida-Specific Topics:
- “What if I have a condo in Miami Beach?” Condos must meet certain criteria (FHA-approved). We can check your association’s status to confirm eligibility.
- “How does insurance work with hurricanes?” You must keep homeowners insurance current. Certain coastal areas may require flood or hurricane coverage, which is factored into eligibility.
- “When is repayment due?” Repayment typically happens when you sell, move out for 12+ months, or pass away. Heirs can refinance or sell to pay off the balance.
Enjoy Florida living with peace of mind, knowing your equity is working for you. Reverse mortgages can provide monthly payouts, a line of credit, or a lump sum—whichever suits your retirement goals.
Reach out to Money Well Lending for a personalized look at how a Florida reverse mortgage could brighten your golden years.