Find Reverse Mortgage Specialists in St. Petersburg, FL
Directory of reverse mortgage specialists in St. Petersburg, Florida. Verify credentials with the state state mortgage licensing authority before hiring.
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
State Mortgage Licensing Authority of Florida before hiring.
Showing 18 reverse mortgage specialists in St. Petersburg, 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.
What Does a Reverse Mortgage Specialist in St. Petersburg Cost?
Typical costs for a reverse mortgage specialist in Florida include an origination fee of up to 2 percent of the home value or a flat fee of 2500 to 6000 dollars. You may also pay a mortgage insurance premium of 2 percent of the appraised value plus annual premiums. Appraisal and title fees range from 500 to 1500 dollars. These costs can be 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 does a reverse mortgage specialist do in St. Petersburg?
A specialist guides you through the reverse mortgage process from application to closing. They explain loan terms costs and Florida-specific requirements like mandatory counseling. They also help you compare lenders and choose the right product for your situation.
Are there Florida laws that affect reverse mortgages?
Yes Florida requires a mandatory third-party counseling session before you can apply. The state also limits origination fees and requires lenders to disclose all costs clearly. Florida law gives you a three-day right to cancel after closing.
How do I choose a reverse mortgage specialist in St. Petersburg?
Look for a specialist who is licensed in Florida and has experience with local properties. Check their record with the Florida Office of Financial Regulation. Ask about fees and whether they offer the HECM or proprietary loan options.