Shop for the best reverse mortgage deals in Miami, Florida
Great Florida Lending /
Great American Lending, Inc.
NMLS #314305
(305) 646-0402
Jose Lopez and Great Florida Lending make a great Miami team to talk to if you’re in the market for a reverse mortgage, whether you are in Fort Lauderdale, Hollywood, Hialeah or anywhere in Miami-Dade County.
Jose is a finance graduate with more than 20 years of experience in the real estate industry.
He has worked extensively with first home buyers and empty nesters and is now excited by the opportunity of helping Miami’s seniors get the most out of their retirement.
Jose is proficient in English and Spanish and will explain to you all the benefits a reverse mortgage with Great Florida Lending with the utmost care and understanding to ensure you make the best decision for you.
What is a reverse mortgage?
A reverse mortgage continues to amaze seniors who don’t know about or fully appreciate the benefits of this outstanding product.
It can provide much needed cash for seniors whose net worth is mostly tied up in the value of their home.
It allows them to convert that equity into cash without having to sell their home or pay additional monthly bills.
Effectively, you are sending your home to work for you, while you enjoy the comforts of retirement.
You just need to be 62 years or older to qualify for this loan that will allow you to put your money worries behind you and restore the standard of living you once enjoyed.
Homeowners can receive a lump sum, regular instalments or even a line of credit, giving them precious cash for their health, vacations, investments or maybe just some of the finer things life has to offer.
A reverse mortgage is so incredibly powerful because as long as the terms of the loan are met, there is no need to repay it until either the homeowner sells the residence or the last surviving borrower passes away.
Housing prices are rising across the country. Miami is at the forefront of that wave with growth of more than 22 percent over the last 12 months to an average of $477,471. (https://www.zillow.com/miami-fl/home-values/)
People all over Miami are learning fast about the beauty of reverse mortgages. Already 8341 people have one with 367 of them joining in the last 12 months.
About Miami, Florida
Miami was named after the Miami River which takes its name from the native Mayaimi American tribe meaning “big water” or “sweet water”.
Cleveland woman Julia Tuttle moved to south Florida after the death of her husband.
She convinced railroad tycoon Henry Flagler to extend his Florida East Coast line to the fledgling city which was almost named after him but he refused the honor.
The city was incorporated in 1896 and remains the only major one in the US founded by a woman, Tuttle now remembered as the “Mother of Miami”.
Today, the “Magic City” is bound by two national parks and is one of the most popular among spring breakers, couples and retirees alike.
It is home to the largest collection of Art Deco architecture in the United States.
It boasts the largest cruise ship port in the world lending it to also be known as the “Cruise Capital of the World”.
While Miami is also home to the opening of the first Burger King store in 1954.
Contact your Miami reverse mortgage lender today
Jose Lopez and his team at Great Florida Lending are keen to talk to you if you think a reverse mortgage might be the answer to your prayers.
If that’s you, call Jose today on (305) 646-0402
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