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 3 reverse mortgage specialists in Lehigh Acres, 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.
Advance America
1119 Homestead Rd N #18, Lehigh Acres, FL 33936
2393692331
Creed Mortgage
430 Lee Blvd, Lehigh Acres, FL 33936
2393036465
Chase Mortgage
5767 Lee Blvd, Lehigh Acres, FL 33971
2393343996
What Does a Reverse Mortgage Specialist in Lehigh Acres Cost?
Typical costs for a reverse mortgage in Florida include an origination fee of up to 2 percent of the home value a mortgage insurance premium of 2 percent upfront and 0.5 percent annually appraisal fees around 450 to 600 dollars and closing costs of 1,500 to 3,000 dollars. Total costs usually range from 5,000 to 12,000 dollars depending on the loan amount and property value. This is general information 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 Lehigh Acres Florida?
Borrowers must be at least 62 years old. If married the younger spouse must also be 62 unless they qualify as a non-borrowing spouse under HUD rules.
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 loan terms costs and alternatives.
Can I lose my home with a reverse mortgage in Lehigh Acres?
You can lose your home if you fail to pay property taxes homeowners insurance or maintain the property. Florida has a 90-day right to cure period after a default notice.