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 16 reverse mortgage specialists in West Palm Beach, 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.
Ideal Lending LLC
5589 Okeechobee Blvd STE 101, West Palm Beach, FL 33417
5612028406
CTC Mortgage
1641 Worthington Rd Suite 111, West Palm Beach, FL 33409
5619836413
Absolute Home Mortgage Corporation
1818 S Australian Ave STE 100, West Palm Beach, FL 33409
5619816306
Palm Beach Mortgage Group, Inc.
1760 N Jog Rd #160, West Palm Beach, FL 33411
5614784780
Palm Beach First Financial and Mortgage: Eric Lieberman
120 S Olive Ave #602, West Palm Beach, FL 33401
5617585682
Florida Dream Mortgage LLC
7428 S Dixie Hwy, West Palm Beach, FL 33405
5619136998
Nicholas Akel - Ace Mortgage Team
1818 S Australian Ave, West Palm Beach, FL 33409
5616708033
Manifest Mortgage Group
700 S Rosemary Ave #204, West Palm Beach, FL 33401
5612023399
Select Home Lending
700 S Rosemary Ave suite 204 124, West Palm Beach, FL 33401
5618215999
Palm Beach First Financial and Mortgage: Patrick Snyder
120 S Olive Ave #602A, West Palm Beach, FL 33401
5617558675
Christopher C. Molina with One Stop Mortgage, LLC
1601 Belvedere Rd E300, Suite 2, West Palm Beach, FL 33409
5618015800
Reggie Williams Mortgage Consultant GoldLynk Charter LLC
9100 Belvedere Rd STE 207, West Palm Beach, FL 33411
5616678900
New American Funding - West Palm Beach, FL
2240 Palm Beach Lakes Blvd ste 400(H, West Palm Beach, FL 33409
5613314029
SWAPAMORTGAGE
805 N Olive Ave #613, West Palm Beach, FL 33401
5618770304
New American Funding - Rae Drake
2240 Palm Beach Lakes Blvd ste 400(H, West Palm Beach, FL 33409
5618264926
Home Financial Resources
740 S Military Trl F, West Palm Beach, FL 33406
9548253992
What Does a Reverse Mortgage Specialist in West Palm Beach Cost?
Typical costs for a reverse mortgage in West Palm Beach 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 which can range from 500 to 1500 dollars. Closing costs generally total 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 West Palm Beach?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be listed as a borrower. Non-borrowing spouses have certain protections under Florida law but do not receive loan proceeds.
Do I need to own my home free and clear to get a reverse mortgage in Florida?
No. You can have an existing mortgage, but the reverse mortgage proceeds must pay off that loan first. Florida law does not require full ownership, but you must have enough equity to cover existing debts and closing costs.
How does Florida law affect reverse mortgage proceeds and taxes?
In Florida, reverse mortgage proceeds are not considered income for state tax purposes. They do not affect Social Security or Medicare benefits. However, you must continue paying property taxes and homeowners insurance to avoid default.