Accredited Partner
Finance of America Reverse
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Prepare for retirement with us! |
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Learn More (218) 282-4772 | Read More |
Accredited Partner
Liberty Reverse Mortgage
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Liberty Reverse Mortgage, formerly known as Genworth Financial Home Equity Access, has been helping senior citizens gain financial independence and security through Home Equity Conversion Mortgages (HECMs) for almost a decade. |
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Learn More (866) 268-5369 | Read More |
Accredited Partner
American Advisors Group (AAG)
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Prepare for retirement with us! |
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Learn More (855) 299-1519 | Read More |
Tampa homeowners who meet the requirements may want to get a reverse mortgage in order to turn some of the equity in their home into cash. The money can be used to pay off debt, make home improvements, meet unexpected financial obligations or provide a way to live comfortably during retirement.
The local real estate market provides excellent opportunities for homeowners interested in reverse mortgages in Tampa. Retirees tend to live in suburbs such as Apollo Beach, Riverview and the private 55+ community of Sun City Center. Condominium communities are especially popular in neighborhoods like Brandon, Riverview and South Tampa.
In Florida, the average homeowner gained $12,000 in equity during 2017. Home equity values are especially strong in Tampa and the surrounding areas, growing by 20 percent over the last year. Tampa has always been an affordable market, and most of the appreciation in housing over the last few years has been in affordable markets. The additional equity in a Tampa resident's home will make a reverse mortgage loan even more lucrative.
To qualify for a reverse mortgage in Tampa, homeowners must meet the following criteria:
Take advantage of the counseling session to talk about your responsibilities and the repayment requirements of your Tampa reverse mortgage loan. Only work with a lender who answers your questions and gives transparent information.
Accredited Partner | ||
Finance of America Reverse |
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This top-ranking reverse mortgage lender makes it a priority to earn and keep your trust. Finance of America Reverse has plenty to offer: lump sum, tenure payment and line of credit options; an average closing time of 30 days; and award-winning customer service. According to customers in Tampa, if you’re unsure of what something means, the team at FAR will go out of their way to explain it to you. |
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Learn More (218) 282-4772 |
Accredited Partner | ||
Liberty Reverse Mortgage |
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As one of the country’s largest reverse mortgage providers, Liberty Reverse Mortgage has worked with more than 50,000 seniors since 2003, and all of that experience has led to their reputation as industry experts. Offering HECMs and a promise to match or beat all competitors, this lender is an industry favorite. Customers say they love the responsiveness and personal attention provided by Liberty Reverse Mortgage representatives. |
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Learn More (866) 268-5369 |
Accredited Partner | ||
American Advisors Group (AAG) |
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This award-winning company prides itself on a 97 percent customer satisfaction rating from in-house surveys. American Advisors Group offers HECMs and an expert staff to assist with the process every step of the way. Customers say that although sometimes the process takes longer than they had hoped, it works out in the end and is well worth the wait. |
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Learn More (855) 299-1519 |