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 Plant City, 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.
Florida Mortgage Firm
2216 S Alexander St, Plant City, FL 33563
8137076200
Stone Mortgage Group
3300 Joe Sanchez Rd, Plant City, FL 33565
8137981020
Equity Resources, Inc.
110 W Reynolds St #106, Plant City, FL 33563
8002707082
Plant City Mortgage
1507 S Alexander St STE 101, Plant City, FL 33563
8137076200
Matthew Adessa - 150138 - Wells Fargo Home Mortgage
202 S Wheeler St, Plant City, FL 33563
7188090353
What Does a Reverse Mortgage Specialist in Plant City Cost?
Typical costs for a reverse mortgage specialist in Florida include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees such as appraisal and title search. These fees can range from 3000 to 8000 dollars depending on the loan amount and property value. 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 Plant City Florida?
Borrowers must be at least 62 years old. Florida law also requires that all owners listed on the title meet this age requirement. Spouses under 62 may have limited protections under certain loan types.
Do I need counseling before getting a reverse mortgage in Florida?
Yes. Florida law mandates that all borrowers complete a counseling session with a HUD-approved counselor. This session must happen before you can submit a loan application. The counselor will explain loan terms, costs, and alternatives.
Can I lose my home with a reverse mortgage in Plant City?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Florida law provides a right of rescission for three days after closing. You must also continue living in the home as your primary residence.