BusinessRefinance a Reverse Mortgage in Florida

Refinance a Reverse Mortgage in Florida

-

- Advertisment -sslate

Thinking about refinancing a reverse mortgage? You’re not alone, with unprecedented equity gains over the last several years putting many current reverse mortgage holders in an advantageous position. Announcing full offering of reverse mortgage refinance products, Florida’s Best Reverse Mortgage Company aims to assist any current reverse mortgage holders interested in getting answers.

“We have received many calls from folks currently in a reverse mortgage who are curious how much their home has gained in value and have questions. Can I access more money? Can I get a larger line of credit? Is refinancing a reverse mortgage realistic? Every one of those people has a situation unique to them, and there is no one-size-fits-all answer. We take the time to talk with every single person and answer every single question, discuss the ins-and-outs of a HECM to HECM refinance, and ultimately run an analysis to see how we can help and be of service.” said Brian Correa, President of Florida‘s Best Reverse Mortgage Company.

tampa

Part of the analysis involved in a HECM to HECM refinance involve strict calculations to protect the borrower by ensuring that refinancing a reverse mortgage has a clear benefit for them. Rules put in place such involving loan closing costs, loan proceeds, and seasoning requirements are all taken into careful consideration.

“We do all of the work upfront. With a couple pieces of information and a few minutes of your time, we can find out what you do or do not qualify for and get you an idea of how much equity you may be able to access. Plus, with offices all over Florida and growing, we can accommodate you locally. Just Google Florida’s Best Reverse Mortgage Company, and look for an office near you!”

A HECM to HECM refinance, or reverse mortgage refinance, is when someone in a reverse mortgage refinances their current reverse mortgage into a new reverse mortgage. Generally speaking, refinancing an existing reverse mortgage can be a great option when home values rise dramatically, there is a need to change the interest rate, or the homeowner would like to add another person to the mortgage such as a new spouse or qualifying family member.

“We have programs available for Reverse Mortgage refinancing, Jumbo Reverse Mortgage refinancing, and access to more loan programs and products that traditional lenders, who usually only have one product line, if that. If you have been thinking about refinancing a reverse mortgage in Florida, reach out to us today!”

With offices in Tampa, Orlando, Fort Myers, and Jacksonville, Florida’s Best Reverse Mortgage Company is Florida’s premier outlet for reverse mortgages, providing local and trusted service statewide.

Sunshine Slate
Sunshine Slatehttps://www.sunshineslate.com
Sunshine Slate is your news, entertainment, music fashion website. We provide you with the latest breaking news and videos straight from the United States of America.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Possible Solutions to deal with rising USA Inflation

This article discusses the causes and possible solutions to deal with rising USA inflation.

Redefining Professional Spaces: The Rise of Dual-Purpose Backyard Office Sheds in America

The American Dream Reimagined: Backyards Transforming into Profitable Workspaces

The Ultimate Fighter 31: McGregor vs. Chandler: The Battle Begins

The Ultimate Fighter 31 is set to premiere on ESPN+ on June 6, 2023, and it is sure to be a must-watch for fans of mixed martial arts.

Florida Faces Lawsuits Over Sweeping New Elections Law

The moment Florida Governor Ron DeSantis signed a sweeping elections bill into law last week, several voter-advocacy groups filed lawsuits against it.
- Advertisement -

U.S. House Votes to Rescind Student Debt-Relief Program

A new report outlined the importance of student debt relief to workers in New York and across the country.

How to Style Activewear for a Versatile Wardrobe

Learn now how to mix and match your sportswear pieces for a versatile wardrobe. Sports clothes are now part of activewear fashionista looks
edealo.com
- Advertisement - Motel 6
transformerscon

Must read

Best Apps for your New Mobile Phone

We can install any app from the google play store very quickly. Let’s take a look at some most amazing apps for android mobile phones.

Survivors Call for Monument in Honor of Fallen Heroes

Congress is moving forward with plans to build the monument to honor the 3,600 Americans who have earned the nation's highest award for valor in combat.
- Advertisement -
- Advertisement -sslate

You might also likeRELATED
Recommended to you