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Tack on some other billion-dollar markets, such as Colorado, Washington, Nevada, Massachusetts, and Florida, and there’s plenty of green to be made, even with the federal government holding firm on.
HECM for Purchase – A HECM for Purchase loan is designed to assist seniors buy their next home, combining proceeds from the sale of a previous residence with a reverse mortgage – all within a single transaction. Realtors leveraging this unique mortgage tool may help seniors purchase homes they might not normally think they could afford.
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Mark E. Ary is a Senior Loan Consultant/Originator and a Certified Reverse Mortgage Specialist. Mark considers himself a multi-generational lender who works with everyone from first-time home buyers-to help them get in a home, through to the older homeowners-to help them stay in their home, and everyone in-between.
Florida’s version opening at Disney’s Hollywood Studios will debut in the late fall of next year. We’ve known for more than a year that Disneyland will get the 14-acre Star Wars-themed expansion first.
Florida Reverse Mortgage Rates These rates are averages taken from data reported by the Department of Housing and Urban Development each month. Though it may not be possible for you to get the exact interest rates shown here, looking at the past few months of rates should give you an idea of what lenders in Florida should be offering you.
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