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 20 reverse mortgage specialists in Lakeland, 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.
Compass Mortgage LLC
705 E Orange St, Lakeland, FL 33801
8638021242
Neighborhood Loans – Lakeland
2020 Edgewood Dr S, Lakeland, FL 33803
8639378024
Central Lending
401 Florida Ave S, Lakeland, FL 33801
8632761220
The Charles Garneau Team - Neighborhood Loans
2020 Edgewood Dr S, Lakeland, FL 33803
8639378024
Guild Mortgage - Dawn R Broccard
6700 Florida Ave S STE 25, Lakeland, FL 33813
8636407676
American Liberty Mortgage - Lakeland, Florida
402 S Kentucky Ave #310, Lakeland, FL 33801
8639403488
Loantrust Mortgage Inc
1258 Scottsland Dr, Lakeland, FL 33813
8634094560
Amerant Mortgage
226 N Kentucky Ave, Lakeland, FL 33801
8442008638
Brad Edmondson at CrossCountry Mortgage
1031 E County Rd 540A, Lakeland, FL 33813
8638773341
Roshel Corcoran Mortgage Team - Stockton Mortgage Company
5137 S Lakeland Dr #2, Lakeland, FL 33813
8632130168
Juli Surface | SouthState Mortgage
4719 Florida Ave S, Lakeland, FL 33813
8632550495
The Kevin Dame Team at Legacy Mutual Mortgage
2020 Edgewood Dr S, Lakeland, FL 33803
8639403491
Guild Mortgage Company
6700 Florida Ave S STE 25, Lakeland, FL 33813
8632258240
Simple Lending Mortgage LLC
211 E Main St #438, Lakeland, FL 33801
8004849355
Florida Mortgage Pros LLC
2031 E Edgewood Dr #3, Lakeland, FL 33803
8633532712
Legacy Mutual Mortgage - Amber Rodriguez
2020 Edgewood Dr S, Lakeland, FL 33803
8632428771
LANDMARK MORTGAGE AND ASSOCIATES, INC.
110 E Pine St, Lakeland, FL 33801
8636030999
Home Loans by Andra with USA Mortgage
1102 Florida Ave S #116, Lakeland, FL 33803
8634125818
The Wholesale Mortgage Firm LLC
909 E Parker St, Lakeland, FL 33801
8639444595
MIDFLORIDA Credit Union Mortgage Center
3004 Florida Ave S, Lakeland, FL 33803
8636888443
What Does a Reverse Mortgage Specialist in Lakeland Cost?
In Florida reverse mortgage costs include an origination fee an appraisal fee title insurance and a mortgage insurance premium. The upfront mortgage insurance premium is 2 percent of the home value. Annual mortgage insurance is 0.5 percent of the loan balance. Closing costs typically range from 2000 to 6000 but can be higher for high-value homes. Some costs can be financed into the loan. 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 Lakeland Florida?
Borrowers must be at least 62 years old. If there is a co-borrower who is younger than 62 they may not qualify for a Home Equity Conversion Mortgage. The youngest borrower on the title determines eligibility.
Do I have to pay back a reverse mortgage while I live in the home?
No you do not have to make monthly payments on the loan. The loan becomes due when you sell the home move out permanently or pass away. Florida law gives your heirs up to 12 months to repay the loan or sell the home.
What costs are involved with a reverse mortgage in Florida?
Typical costs include an origination fee an appraisal fee and mortgage insurance premiums. The origination fee is capped at 2 percent of the first 200000 of home value plus 1 percent of the amount above 200000. Closing costs usually range from 2000 to 6000 depending on the property value.