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Find Reverse Mortgage Specialists Near You in Tamarac, FL
Looking for a reverse mortgage specialist in Tamarac? Review the directory below to compare your options.
3 agents listed
Updated May 2026
Tamarac, FL
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 3 reverse mortgage specialists in Tamarac, 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.
Approved Mortgage Solutions Corp.
7101 W Commercial Blvd Suite 4E, Tamarac, FL 33319
9548221217
Raul Lopez - Loan Officer - Certified Home Loans
7300 W McNab Rd suite 120, Tamarac, FL 33321
9546322940
American Mortgage Lenders
6412 N University Dr Suite 111, Tamarac, FL 33321
9542909702
A reverse mortgage specialist in Tamarac Florida helps homeowners aged 62 and older access home equity without monthly payments. Florida law requires borrowers to complete a counseling session with a HUD approved counselor before applying. Tamarac residents often use these loans to supplement retirement income or cover home repairs.
What Does a Reverse Mortgage Specialist in Tamarac Cost?
Reverse mortgage costs in Florida include an origination fee capped at 2 percent of the first 200000 dollars of home value plus 1 percent of the amount above that. Other fees include a mortgage insurance premium of 2 percent of the appraised value upfront and an annual premium of 0.5 percent. Appraisal title and recording fees typically add 500 to 2000 dollars. Total costs vary by loan type and property value. 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 does a reverse mortgage specialist in Tamarac do?
A specialist guides you through the reverse mortgage process including eligibility counseling and loan options. They help you understand Florida specific requirements like the three day right of rescission after closing. They do not provide financial advice but can explain how the loan works.
Are reverse mortgages regulated differently in Florida?
Yes Florida has specific laws. Lenders must be licensed by the Florida Office of Financial Regulation. Borrowers have a three day right to cancel after signing loan documents. Florida also requires a mandatory counseling session with a HUD approved counselor.
What costs should I expect for a reverse mortgage in Tamarac?
Typical costs include an origination fee up to 2 percent of the home value a mortgage insurance premium and appraisal fees. Total closing costs often range from 2000 to 6000 dollars. These costs can be financed into the loan so you pay little upfront.
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About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Florida.