Home / Lenders / Reverse Mortgage Lenders, Florida

This rate option will give you access to more cash proceeds over the life of the loan than any other product option available. You will notice that there is a line of credit available after 12 months which will allow you to receive the most money possible in the first 12 months. If your number one goal with the Reverse Mortgage is to get your hands on as much money as possible this is the option for you.

If your priority is to preserve as much equity in your home while still leaving access to a line of credit to have in case of an emergency this is the product you would want to choose. If you review the amortization schedule for this product, you will see that over the years your outstanding loan balance with this selection will be lower than the other product options.

With this product option you will keep your closing costs as low as possible in order to establish your Reverse Mortgage. If you are most concerned with the costs to set up the loan and less concerned with the amount of proceeds you will receive, this is the product I would recommend for you.

As the name indicates this is a Fixed Rate loan option. Your rate would never be subject to change if you choose and close on this product option. This is the option you would select if your biggest priority was to secure a rate that would not be subject to change. Fixed Rate loans are a single disbursement lump sum so there is no option for a credit line. Depending on your individual circumstances, a Fixed Rate loan option may not provide you with as much available loan proceeds as one of the adjustable products so you will want to compare the amount of proceeds available when making your decision.

If your current home value is higher than $1.25 Million, this is a product you will want to look at in comparison to the Government product. The Government Insured Reverse Mortgage has a maximum value currently of $679,650. This means that any additional value above that figure is not factored into the loan amount calculation. Having a value higher than $679,650 does not prohibit you from still considering the Government Product, but at higher home values, this product may provide you with significantly more funds available than the Government Product can. There is no Mortgage Insurance Premium on this product so the closing costs are usually lower for this product in most cases. This is a Fixed Rate product so the proceeds are given as a lump sum only in lieu of the option for a credit line. If you have a larger existing mortgage or are looking to receive additional proceeds above what the Government product can provide, this is the best option to accomplish that goal.

Compare Florida's Best Reverse Mortgages

Try ARLO™ a revolutionary calculator that offers side-by-side lender comparisons, real-time interest rates and expert recommendations. 100% Free.

Talk To An Expert: (800)565-1722

Speak to Our Human Experts

Let's start with your address so I can estimate your home value...

Street Address

Zip Code

Home Value

Existing Mortgage

Reverse mortgage proceeds are based in part on your age. If you have a spouse their age will be needed as well in order to give you the most precise calculations.

Your DOB

Spouse DOB (If you have a spouse)

Your ARLO™ Analysis is Ready!

I just fetched you the best of 2018's Reverse Mortgages! Your custom ARLO™ analysis includes real-time loan comparisons highlighted with my expert recommendations.

Name

Phone (Needed to validate your request)

By submitting this request for information, I hereby provide my signature, expressly consenting to receive this free quote by email or phone, from or on behalf of All Reverse Mortgage, Inc. and its fulfillment partners. I understand consent is not a condition of purchase and that I may revoke my consent at any time. I can revoke consent by calling ARM customer service at 800-565-1722.

ARLO™ Expert Recommendations.

From America's #1 Rated Reverse Mortgage Lender

Close Window

Florida Reverse Mortgage Lenders

All Reverse Mortgage® is proud to be Florida's #1 Rated Reverse Mortgage Lender by the BBB with a Perfect 5.0 Stars and A+ Exemplary Rating. We currently lend in 16 states and all throuout Florida.

All Reverse Mortgage was incorporated in November 2004 and as the name implies, the only loan product that All Reverse Mortgage® originates is in fact, the reverse mortgage.

We’re committed to be your lender because you deserve the best rate at the lowest price possible.

We’re a HUD Approved direct lender lending the national HECM programs and offer a suit of Non-FHA & Jumbo Reverse Mortgages to better suit homeowners in FA with higher value homes over the national 2018 lending limit of $679,650.

We welcome you to compare our reviews and our lower rates and closing costs to any other major lender! The difference is clear, and we can’t wait to show you

Florida Reverse Mortgage Facts

State	Homeowners Age 62+	Reverse Mortgages Closed Last 12 Months	Purchase Reverse Mortgages Closed Last 12 Months	Lenders in Florida	Avg. Home Value
Florida	2,194,889	4,273	285	339	$205,100

HUD Approved Direct Lender

florida lenders map coverage

All Reverse Mortgage® is approved with the Department of Housing and Urban Development (HUD) to originate, underwrite and close the HUD Home Equity Conversion Mortgage (HECM, or “Heck-um”). The HECM is HUD’s acronym for their reverse mortgage loan.

All Reverse Mortgage® originates in Florida and offers refinance loans, where borrowers already own their home and are looking to either pay off their existing loan and have no more monthly mortgage payment; or can help borrowers utilize their equity for other purposes if they have no existing loan or possibly a combination of both.

About All Reverse Mortgage®

The owners and management of All Reverse were part of the team that wrote and sold the first fixed rate jumbo reverse mortgage in 2008 and as such, have extensive experience in jumbo or proprietary loan programs as well. We are always looking for new products to offer to borrowers of high valued homes in the higher home priced markets that the HUD HECM may just not serve as well. Jumbo or proprietary programs typically offer lower Principal Limits as they relate to home values, though, so not all borrowers are best served with the jumbo programs available.

A seasoned originator can readily inform borrowers which program will best suit their needs and the positives and negatives of each so that the borrower can make an informed decision. It is no longer uncommon anywhere in the country for a market to be a solid HUD HECM market and then within just a short distance for a niche jumbo market to be located where there is a need for a jumbo program.

Therefore, homeowners aged 62 and above in all markets have seen that the reverse mortgage can be a very solid financial tool and many are now seeking the reverse mortgage to augment their retirement plans and not so much the mortgage of last resort. Everything from the elimination of existing mortgage payments to the line of credit that grows make reverse mortgage borrowers understand that this program allows them to utilize their homes to not only live comfortably in their family home, but to plan for the future as well.

Florida Lending Limits

florida lending limits

The state of Florida is most often thought of when people think of a place many Americans go to retire. In fact, there are 2,188,722 homeowners 62 and older in The Sunshine State. Florida is also the third-most populous and eighth-most densely populated state in the country. Popular retirement destinations within Florida include The Villages, Boynton Beach, Lady Lake, Clearwater and Naples, among others.

Florida’s economy heavily relies on tourism, agriculture and transportation. The state is known for its beaches, amusement parks, orange farming, the Kennedy Space Center and as a stereotypical area for retirees.

The Orlando, Florida area is known for its Walt Disney World Resorts which consist of multiple theme and water parks including Magic Kingdom, Epcot, Disney’s Hollywood Studios, Disney’s Animal Kingdom, Disney’s Typhoon Lagoon Water Park and Disney’s Blizzard Beach Water Park.

Florida has many sports teams, which include three NFL teams, two MLB teams, two NBA teams, two NHL teams and one MLS team. Auto racing is also a big deal in the state as Daytona Beach, Florida is the headquarters of NASCAR, which is where the Daytona 500 is held each February.

The average home value in Florida is $205,100—much lower than the maximum reverse mortgage lending limit of $679,650

If you reside in Florida, All Reverse Mortgage® is here to answer your questions. Call Toll Free (800) 565-1722 – Or try ARLO™ our revolutionary reverse mortgage calculator that offers side-by-side program comparisons, real-time interest rates and expert recommendations.

Other Areas of Interest in Florida

Bradenton Cape Coral Fort Myers Jacksonville Miami Orlando Palm Beach Sarasota St. Petersburg Tampa

Florida Approved Reverse Mortgage Counseling Agencies

Agency Name	Phone, Toll-Free, Fax Number, Email, Website, Agency ID	Address	Languages	Parent Organization
CONSUMER CREDIT AND BUDGET COUNSELING, DBA NATIONAL FOUNDATION FOR DEBT MANAGEMENT	Phone: 866-395-5769 Toll-free: 866-395-5769 Fax: 877-496-7853 Website: www.nfdm.org Agency ID: 81555	14104 58th St N Clearwater, Florida 33760-3758	- English - Spanish	CONSUMER CREDIT AND BUDGET COUNSELING, DBA NATIONAL FOUNDATION FOR DEBT MANAGEMENT
HOUSING FOUNDATION OF AMERICA - LAKE WORTH FLORIDA	Phone: 561-713-1457 Fax: 888-838-6890 Website: www.approvedbyhud.org Agency ID: 90343	8461 Lake Worth Road Suite 117 LAKE WORTH, Florida 33467-2474	- English	HOUSING FOUNDATION OF AMERICA
HOUSING FOUNDATION OF AMERICA, LAUDERHILL FLORIDA	Phone: 954-923-5001 Fax: 888-838-6890 Website: www.approvedbyhud.org Agency ID: 90342	1773 N State Road 7 Suite 101-D LAUDERHILL, Florida 33313-5005	- English	HOUSING FOUNDATION OF AMERICA
HOUSING FOUNDATION OF AMERICA	Phone: 786-842-3843 Fax: 786-732-0728 Website: www.approvedbyhud.org Agency ID: 90154	16201 SW 95th Avenue Suite 214 MIAMI, Florida 33157-3459	- English - Spanish	HOUSING FOUNDATION OF AMERICA
CCCS OF PUERTO RICO -ORLANDO	Phone: 787-722-8835 Toll-free: 800-717-2227 Fax: 787-722-6979 Website:https://www.consumerpr.org Agency ID: 90149	8751 Commodity Cir Suite #4 Orlando, Florida 32819-9027	- English - Spanish	CCCS OF PUERTO RICO
HOUSING FOUNDATION OF AMERICA	Phone: 954-923-5001 Fax: 188-838-6890 Website: www.approvedbyhud.org Agency ID: 84470	2400 N University Drive # 200 PEMBROKE PINES, Florida 33024-3629	- English - Spanish	NUEVA ESPERANZA, INC.
GREENPATH FINANCIAL WELLNESS	Phone: 888-860-4167 Website: www.greenpath.com Agency ID: 90070	5100 W Kennedy Blvd Suite 125 Tampa, Florida 33609-1849	- English - Spanish	GREENPATH, INC.

Did you know? Florida state does not mandate in-person counsleing. Visit our counseling page for a list of phone-based counseling agencies and conduct your required counseling from the comfort of your home.

Additional Resources:
Top 10 Lender Reviews & Ratings: https://reverse.mortgage/best-reverse-mortgage-lenders
Reversemortgage.org NRMLA Members in Florida: https://www.reversemortgage.org/Find-a-Lender/state/FL
HUD.GOV Approved Lenders Search: https://www.hud.gov/program_offices/housing/sfh/lender/lenderlist

Our Exclusive Programs Designed to Fit Your Needs.

All Reverse Mortgage© has consistently brought exclusive offers to our valued Florida homeowners. Because of our unique process we're able to offer a better federally-insured reverse mortgage with no compromise.

Take a look at some of our program benefits that you won't find elsewhere:

	Exclusive 4.25% (5.95% APR) Fixed Rate for Life

	Government Insured & Jumbo Proprietary Programs

	Flexible Credit Lines from 2.98% with the Industries Lowest Lifetime Rate Exposure

	ZERO Origination Fee Plans

	ZERO Financed Closing Cost Plans

	ZERO Monthly Servicing Fees on ALL programs

*Complete form above to receive a comparison of all available programs. Excludes state taxes when applicable. Min loan amount for $0 origination fee is $40,000. *APR ran at $185,000 loan amount / 60% or less PLF utilization. Lifetime rate cap on all adjustable rate plans just 5% over the start rate.

How can we offer you more favorable terms?

We are a direct lender approved by FHA (Federal Housing Administration)

The HECM is literally all we do. All Reverse Mortgage is not just a name for us. We have a very low (almost non-existent) staff turnover and our people are experts.

We don't work with Brokers, allowing us to pass the savings on to you.

We don't hire "celebrity" spokespersons as we don't believe you should have to pay for a lender's expensive marketing budget with higher loan costs.

We Charge Less! Check out our competition and our customer ratings. We never forget that this loan is about you and your needs and we put you first with superior service and lower costs.

All Reverse vs. the others

It may surprise you but those "celebrities" you see all over TV have some of the worst independent consumer ratings in the industry. Compare us and you will see the crystal clear difference, from customer service to loan terms we never compromise.

Top A+ Rating By The Better Business Bureau

eKomi Independent Reviews 4.9 out of 5 Stars

Trustlink Independent Reviews 5 out of 5 Stars

HUD approved direct lender.

Working with a local Florida lender saves you time and money.

As an award-winning direct lender our goal remains simple; to offer you the very best terms accompanied by extraordinary customer service.

Click here to view our HUD Approval

What Our Customers Are Saying

"There was no car salesman type of protracted negotiation. All reverse got right down to a good quote without a series of incremental steps."

"I was surprised how easy it was to deal with an out of state company. Actually it was much easier than my previous dealings with local banks and brokers"

"It is a wonderful feeling to have no mortgage and extra cash in our pocket. We are very happy."

"Thank you to All Reverse for handling everything in an efficient and smooth way. Thoroughly appreciate everything you have done to make things easy for me."

"This was the smoothest mortgage process I have ever experienced! And so fast!"

Browse Hundreds More...

Florida Reverse Mortgages

(42 votes, average: 4.98 out of 5)

Click here to rate this

How do you rate this article?

Compare Florida's Best Reverse Mortgages

Your ARLO™ Analysis is Ready!

About Existing Mortgage

Up to $20,000+ More in Available Proceeds*

Florida Reverse Mortgage Lenders

Florida Reverse Mortgage Facts

HUD Approved Direct Lender

About All Reverse Mortgage®

Florida Lending Limits

Other Areas of Interest in Florida

Florida Approved Reverse Mortgage Counseling Agencies

Our Exclusive Programs Designed to Fit Your Needs.

How can we offer you more favorable terms?

All Reverse vs. the others

HUD approved direct lender.

What Our Customers Are Saying

Who We Are

Learning Center

Reverse Calculator

Ask ARLO™

ARLO™ Analysis

Our Blog