ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Find Reverse Mortgage Specialists Near You in Homestead, FL
Looking for a reverse mortgage specialist in Homestead? Review the directory below to compare your options.
5 agents listed
Updated May 2026
Homestead, 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 5 reverse mortgage specialists in Homestead, 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.
THE MORTGAGE EXPERTS
16255 SW 275 St, Homestead, FL 33031
7868020410
Terri Ellis | SouthState Mortgage
28801 SW 157th Ave, Homestead, FL 33033
3055885348
Fernando Zamora - Mortgageratemiami.com
29051 SW 167th Ct, Homestead, FL 33030
3054941740
Erica G. Ávila - All In One Mortgage Lenders - Homestead’s Trusted Lender
1348 Old Dixie Hwy, Homestead, FL 33030
7864446133
DH MORTGAGE GROUP, LLC
32269 SW 197th Ave, Homestead, FL 33030
3054327805
A reverse mortgage specialist in Homestead Florida helps homeowners aged 62 and older convert home equity into cash without monthly payments. Florida law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage HECM. Homestead residents benefit from local specialists who understand South Florida property values and the specific requirements of Miami-Dade County.
What Does a Reverse Mortgage Specialist in Homestead Cost?
Typical costs for a reverse mortgage specialist in Florida include an origination fee up to 2% of the first 200,000 of home value plus 1% of the amount above 200,000. Upfront mortgage insurance premium is 2% of the appraised value. Closing costs and third-party fees range from 2,000 to 5,000. Annual mortgage insurance premiums are 0.5% of the loan balance. These costs are usually 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 Homestead Florida?
Borrowers must be at least 62 years old. If married, a non-borrowing spouse under 62 may have protections under Florida law and HUD rules, but they must meet specific criteria to remain in the home after the borrowing spouse passes away.
Do I need to own my home free and clear to get a reverse mortgage in Homestead?
No, you can have an existing mortgage. The reverse mortgage proceeds must first pay off any current mortgage balance. Florida law does not require full home equity, but you must have enough equity to cover the payoff and closing costs.
What happens if I move out of my Homestead home after getting a reverse mortgage?
If you move out for more than 12 consecutive months, the loan becomes due and payable. Florida law follows HUD guidelines which require the borrower to occupy the property as their primary residence. Selling the home also triggers repayment.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Homestead who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Florida.