Multi-State Lender
WELCOME TO REVERSE MORTGAGE OF FLORIDA-
Your Trusted Partner for Reverse Mortgages in Florida
About Reverse Mortgages
How Can Funds Be Received?
There is more than one way to structure your payment plan with a reverse mortgage, including:
- Monthly payout for the life of the loan
- Monthly payout of a set amount for a specific timeline
- Cash at close with a balance added to a line of credit
- Line of credit in order to take advantage of the growth rate for future need
Any combination of the above options
Eligibility
Below are the basic homeowner eligibility requirements:
- Must be 62 years or older
- Live in home as primary residence; vacation homes and investment properties do not qualify
- Complete a HUD-approved counseling session
- Must be able to pay homeowners taxes, insurance and any applicable HOA fees
How Can Funds Be Used?
Proceeds can be used for any purpose such as:
Eliminate monthly mortgage payment*
In-home care
Healthcare costs
Home improvements
Long-term care
Home purchase
Pay property taxes
Pay insurance
Emergency fund
Supplement retirement
Other living expenses
*Must maintain property as primary residence and keep property taxes, insurance and HOA dues current.
our team
About MTG - Your Trusted Partner for Reverse Mortgages in Florida
Our team is dedicated to serving the needs of Florida retirees by providing expert guidance and personalized solutions for reverse mortgages. With years of experience in the industry, we are committed
to helping you make informed decisions about your financial future.
We’ll guide and educate you through the process to make it manageable, with transparent communication and a commitment to ensure your needs are taken care of before, during, and after the loan. We’re dedicated
to helping you achieve your financial goals.
About Michael & Tammy Gonzales
Michael and Tammy are accomplished professionals in the mortgage industry, and while they are based in Wichita, Kansas, they also have a strong connection to the state of Florida. Tammy's aunt and uncle reside in Florida, and during their visits, Michael and Tammy fell in love with the state's vibrant communities and beautiful landscapes. As a result, they have chosen to split their time between Wichita and their second home in Florida.
In addition to their Kansas roots, Michael and Tammy have developed a deep appreciation for the senior community in Florida. With their extensive experience and expertise in reverse mortgages, they have decided to expand their reach to the Florida market. They believe that the reverse mortgage loan program can make a significant positive impact on the financial well-being, quality of life, and retirement plans of seniors residing in the Sunshine State.
Like in Kansas, Michael and Tammy actively engage with industry professionals, retirement advisors, and seniors in Florida. They conduct education courses and present at seminars throughout the state to educate these audiences about the benefits and intricacies of reverse mortgages specifically tailored to the Florida market. Their goal is to empower individuals in the real estate industry and retirement planning sector to better serve the needs of Florida seniors.
Overall, Michael and Tammy's passion for helping seniors and their deep connection to both Kansas and Florida drive their dedication to the reverse mortgage industry. With their knowledge, experience, and love for these two states, they strive to make a positive impact on the lives of seniors in both locations
