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Find Reverse Mortgage Specialists in Davenport, FL

Looking for a reverse mortgage specialist in Davenport? Review the directory below to compare your options.

6 agents listed
Updated May 2026
Davenport, 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 6 reverse mortgage specialists in Davenport, 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.
Rate - Davenport Branch
43344 US-27 Unit C, Davenport, FL 33837
8634241217
FLO Mortgage
41040 US-27 #1, Davenport, FL 33837
4076053111
Luis J Colon - Mortgage Loan Originator
43344 US-27 ste e, Davenport, FL 33837
8632582379
Florida Realty Marketplace Mortgage
2850 Deer Creek Commerce Ln, Davenport, FL 33837
4079070789
Florida Mortgage Pros LLC
39865 US-27, Davenport, FL 33897
8632880404
Michelle Martinez-Almodovar at Rate (NMLS #2015477)
43344 US-27 Unit C, Davenport, FL 33837
4077244425

A reverse mortgage specialist in Davenport Florida helps homeowners aged 62 and older convert home equity into tax-free funds. Florida law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Davenport residents often use these funds for home repairs or supplementing retirement income.

What Does a Reverse Mortgage Specialist in Davenport Cost?

Typical costs for a reverse mortgage in Florida include an origination fee up to 2 percent of the home value and a mortgage insurance premium of 2 percent of the appraised value. Closing costs range from 2000 to 5000 dollars depending on the lender. These costs are often financed into the loan. This is general information and 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 are the age requirements for a reverse mortgage in Davenport Florida?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement under federal HECM guidelines.
Do I need counseling before getting a reverse mortgage in Florida?
Yes Florida law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session explains costs and alternatives before you apply.
Can I lose my home with a reverse mortgage in Davenport?
You can lose your home if you fail to pay property taxes or homeowners insurance. You must also keep the home in good repair as required by the loan terms.