Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Florida before hiring.
Showing 8 reverse mortgage specialists in Estero, FL
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
New American Funding - Viri Martinez
23150 Fashion Dr, Estero, FL 33928
2395375485
Joe DeMarco
23150 Fashion Dr Suite 237, Estero, FL 33928
8156695905
Giovanni Matita Be Your Gift Group Powered by New American Funding
23150 Fashion Dr Suite 237, Estero, FL 33928
2392535939
Moore Lending Team
23190 Fashion Dr P205, Estero, FL 33928
2398510320
Gator Mortgage Services
21500 Berwhich Run, Estero, FL 33928
8472787175
Trace English-Mortgage Broker
9180 Estero Park Commons Blvd #9, Estero, FL 33928
2395609149
New American Funding - Estero, FL
23150 Fashion Dr Unit T237 & T238, Estero, FL 33928
2393761825
Gregory Hunt - Mortgage Loan Officer
8660 Corkscrew Rd, Estero, FL 33928
9083093189
What Does a Reverse Mortgage Specialist in Estero Cost?
Typical costs for a reverse mortgage in Florida include an origination fee up to 2 percent of the home value an upfront mortgage insurance premium of 2 percent of the appraised value and third-party costs like appraisal title and recording fees. Total closing costs often range from 5000 to 15000 depending on home value and loan type. This is general information not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What are the age requirements for a reverse mortgage in Estero Florida?
Borrowers must be at least 62 years old. If married the younger spouse must also be 62 to be on the loan. Florida law follows federal HUD guidelines for age eligibility.
Do I need counseling before getting a reverse mortgage in Florida?
Yes Florida law requires all borrowers to complete a HUD-approved counseling session. This session explains loan terms costs and alternatives. The counselor must be independent from the lender.
Can I lose my home with a reverse mortgage in Estero?
You can lose your home if you fail to pay property taxes homeowners insurance or maintain the property. Florida law gives a 30-day cure period after a default notice. You must also continue to live in the home as your primary residence.