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 9 reverse mortgage specialists in Rockledge, 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.
Caleb Hiester of Direct Mortgage Loans
1519 Outrigger Cir, Rockledge, FL 32955
3212852592
Joshua Quibodeaux at CrossCountry Mortgage
1038 Harvin Way STE 120, Rockledge, FL 32955
3214051069
Charles Gutierrez CrossCountry Mortgage, LLC
1038 Harvin Way STE 120, Rockledge, FL 32955
3215086330
Phoenix Star Mortgage LLC
835 Executive Ln STE 110, Rockledge, FL 32955
3217945626
Sean McKeel, Cross Country Mortgage
1038 Harvin Way STE 120, Rockledge, FL 32955
3216156186
loanDepot
6525 3rd St Ste 407, Rockledge, FL 32955
3214173510
Florida Life Mortgage
1311 US-1 Unit 2, Rockledge, FL 32955
3216980417
Stacey Deloche Oldaker, Finance of America Mortgage LLC
1311 US-1 Unit 2, Rockledge, FL 32955
3214520050
Tidy Mortgage
901 Pine Baugh St, Rockledge, FL 32955
3213733500
What Does a Reverse Mortgage Specialist in Rockledge Cost?
Typical costs for a reverse mortgage in Florida include an origination fee up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and appraisal fees around 500 dollars. Closing costs generally range from 2,000 to 5,000 dollars. These costs can be rolled into the loan. This is general information and 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 Rockledge Florida?
Borrowers must be at least 62 years old. If married, a younger spouse may be eligible for a deferral option under Florida law. The home must be the primary residence.
Do I need counseling before getting a reverse mortgage in Florida?
Yes, Florida law requires HUD approved counseling for all reverse mortgage applicants. The session explains loan terms, costs, and alternatives. Counseling typically takes one to two hours and can be done by phone or in person.
What types of reverse mortgages are available in Rockledge?
The most common is the Home Equity Conversion Mortgage or HECM insured by the FHA. Florida also offers proprietary reverse mortgages for higher value homes. A specialist can explain which option fits your situation.