If you are a senior who owns significant equity in your home, you may qualify for a lending product that lets you borrow against that equity, called a “reverse mortgage.”
Reverse mortgages have many benefits. One of them is that you can stay in your home for as long as you want, including the rest of your life if you wish. Another is that the loan does not come due until a maturity event such as the sale of the home or the death of the last borrower. One more major benefit is that you have full discretion over how you use the funds.
You may already have an idea of how you want to use your reverse mortgage funds. But if not, here are some popular uses, which may give you some inspiration.
Whether you want to use a reverse mortgage for one of the ideas we shared above, or you have a completely different purpose in mind, we can help you make it happen. To apply for a reverse mortgage now, please give us a call at (786) 220-1100 to schedule your consultation. We can help you pad your retirement savings with a reverse mortgage in Miami or anywhere in Florida.
Client Testimonials
Building lifelong mortgage partnerships is our mission. Explore our clients’ experiences through our Google reviews.
I would like to thank Pamela and David at Lending Bankers Mortgage for their exceptional service in helping me find the right loan for my primary residence. Their expertise and dedication made the process smooth and stress-free. I highly recommend them for their amazing customer service and professionalism. Thank you, Pamela and David, for all your help!
David, thanks for helping me and my business partner acquire the space we needed. Your comparison analysis on payments, cash on cash returns and amazing fixed rate program helped us want to proceed on this deal and we're very happy we did. You are more than a financial advisor in the real estate arena, you have a great understanding on how to utilize real estate assets to build wealth and that's something I never before had help with. No realtor, or financial advisor I've encountered knew how to crunch the numbers and get the most value like you do. Forever gateful for your assistance and I will definitely refer my family and friends to you. Thanks again!
Lending Bankers Mortgage (Danny Perez and David Otero) was recommended by RPM Luxe Realty. From day one, Danny made me feel comfortable. I went through the pre-approval, approval, clearing to close, etc. processes with Danny figuratively holding my hand the entire time. There were times when I was literally crying because I was so frustrated and scared and Danny made me feel like everything would be okay. In general, I think RPM Luxe and Lending Bankers Mortgage make a great team. Danny is very relaxed and I’m not sure that he ever feels stressed, which is something unfamiliar to me. I think it’s because he has been doing this for quite some time. Additionally, Danny treats his clients like family. If anything is wrong, Danny takes it personally as though it was his own personal situation. If you are looking for 24/7 concierge service, Danny and David are your guys. After the Thanksgiving holiday, Danny was inflight and texting and emailing the entire time. I was grateful that American Airlines’ Wi-Fi was working so well.
Licensed by the Florida Office of Financial Regulation Mortgage Broker #MBR352, NMLS #383682
Lending Bankers Mortgage LLC is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.
Copyright © 2004-2024 – Lending Bankers Mortgage LLC. All rights Reserved