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A reverse mortgage< allows you to access a portion of the equity in your home to obtain *tax-free cash without having to make monthly loan payments. This national program is safe and. Florida’s Expert in Reverse Mortgages! RMA is located in The Villages, Florida.
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A reverse mortgage should be the last option for seniors who are in need of extra cash. Financial experts recommend considering downsizing into a smaller home or obtaining cash through a different means first before considering a reverse mortgage. Serving senior living communities such as The Villages, Boynton Beach, Lady Lake and Hialaeh. Requirements. All borrowers on the loan must be age 62 or older; Complete a reverse mortgage counseling session.
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LocalReverse.com by Group One Mortgage, Inc. is an Equal Housing Lender NMLS#53185, licensed in the State of Florida (License#MLD146).The content on this website is not approved by the Federal Government, Department of Housing and Urban Development or Federal Housing Administration.
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Florida Reverse Mortgages. Floridians are increasingly turning to Reverse Mortgages to help them stay in their homes during retirement. The number of HECM reverse mortgage loans in Florida has increased 35% since 2014. 1 As one of the largest reverse mortgage lenders in the nation, Liberty Home Equity Solutions, Inc. (Liberty) has helped more than 1,100 Florida homeowners since 2011 2 discover.
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Lender Details – 8.5 / 10. Reverse Mortgage Expert is powered by American Advisors Group, the industry leader. Their website provides a two-minute application form for borrowers to complete, and then receive a quote and information kit. The website is very bare bones compared to others, and users must fill out the application form in order.
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