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 15 reverse mortgage specialists in Fort Walton Beach, 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.
Douglas Team - Movement Mortgage
709 Eglin Pkwy NE, Fort Walton Beach, FL 32547
8506211616
Waterstone Mortgage Corporation
123 Staff Dr NE, Fort Walton Beach, FL 32548
8503626901
Mortgage Apex
196 Miracle Strip Pkwy SE Unit I, Fort Walton Beach, FL 32548
8507494972
PrimeLending, A PlainsCapital Company - Niceville-Bluewater Bay
26 Racetrack Rd NW A, Fort Walton Beach, FL 32547
8506091010
AJ DiCarlo Branch Manager at CrossCountry Mortgage
139 Beal Pkwy SW UNIT 104, Fort Walton Beach, FL 32548
8507336981
Sheryl Douglas
709 Eglin Pkwy NE, Fort Walton Beach, FL 32547
8506211616
PrimeLending, A PlainsCapital Company - Ft. Walton Beach
26 Racetrack Rd NW A, Fort Walton Beach, FL 32547
8506091010
Climb Mortgage
105 Lewis St Suite 204, Fort Walton Beach, FL 32547
8777644294
Dawn Hoffman
123 Staff Dr NE, Fort Walton Beach, FL 32548
8502189772
Beth Mangum - Waterstone Mortgage
123 Staff Dr NE, Fort Walton Beach, FL 32548
8506428412
Linda Kirkpatrick
123 Staff Dr NE, Fort Walton Beach, FL 32548
8505983031
Jason Wilbur at CrossCountry Mortgage
21 Miracle Strip Pkwy SE, Fort Walton Beach, FL 32548
8502667292
Chris Finley -USA Mortgage
652 Beal Pkwy NW Unit 1, Fort Walton Beach, FL 32547
5733827366
Seniors Reverse Mortgage Inc
158 Eglin Pkwy NE, Fort Walton Beach, FL 32548
8508631600
Michael Villano at Veterans Lending Group
21 Miracle Strip Pkwy SE, Fort Walton Beach, FL 32548
8777731226
What Does a Reverse Mortgage Specialist in Fort Walton Beach Cost?
Typical costs for a reverse mortgage specialist in Florida include an origination fee up to 2 percent of the home value capped at 6000 dollars. Other costs include appraisal fees 400 to 600 dollars closing costs 500 to 1500 dollars and mortgage insurance premiums 2 percent of the loan amount upfront plus 0.5 percent annually. Counseling fees are usually 125 to 150 dollars. Costs vary by loan size and lender. 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 is a reverse mortgage specialist in Fort Walton Beach?
A reverse mortgage specialist is a licensed professional who helps seniors obtain a Home Equity Conversion Mortgage HECM. They explain loan terms costs and obligations under Florida law and coordinate with HUD-approved counselors.
What are the Florida requirements for a reverse mortgage?
Borrowers must be at least 62 years old own their home outright or have a low mortgage balance and live in the property as their primary residence. Florida law mandates a mandatory counseling session with a HUD-approved counselor before loan approval.
How do Florida property taxes affect a reverse mortgage?
Florida property taxes continue to be due even after a reverse mortgage is taken. Borrowers must stay current on taxes and homeowners insurance to avoid default. Florida offers homestead exemptions that can reduce property tax burdens.