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Reverse Mortgages
670 N. Orlando Ave, Suite 1003 · Maitland, Florida 32751
phone 407-599-6888 / fax 407-599-6889
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Reverse Mortgages - If you are 62 years of age or older and looking for a steady stream of additional income well into your retirement years, then a Reverse Mortgage might be the right solution for you. The reverse mortgage program allows seniors to access a portion of the equity in their home. Seniors have many options available to them when receiving the funds from their reverse mortgage. These options are receiving a lump sum, getting a series of payments over a set period of time, you can also receive a regular monthly payments for life, or establish a line of credit where your money grows until needed, or take a combination of all of the above options. Our Reverse Mortgage Specialists will take the time to thoroughly explain the advantages and impacts of our various programs to help you determine if a reverse mortgage is right for you, or if it can improve your financial well being. There is no cost or obligation for an informative consultation. Call - Reverse Mortgage Team today to learn more about the benefits of Reverse Mortgages.
FHA Reverse Mortgage Program Highlights
- All seniors over 62 qualifies for this program
- Insured by FHA and supported by HUD
- No monthly payment required as long as person lives in the home
- Upon death, all remaining value goes to survivors
- No income or credit qualifications required
- Borrower always retain title to the home
- Benefit is determined by borrower's age (62 & over), interest rate, and the value of the property
- Maximum lending limit is set by the FHA which is $625,500
- A reverse mortgage is what we call a non-recourse loan
Request Reverse Mortgage Loan Information - 2 Options:
- Call today at 407-599-6888 and ask to be connected to the Reverse Mortgage Division. You can rest assured knowing that you will speak with a live person and transferred to Reverse Mortgage Specialist in a matter of minutes and you will not have to speak to a computer or an overseas call center.
- Complete the Rate Quote Form on the right of this page and one of our Reverse Mortgage Specialists will contact you to discuss the various programs and financing options, that will meet your needs.
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| HTE / is currently offering reverse Mortgage assistance in the following States ñ Alabama, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Maryland, Massachusetts, Mississippi, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Washington |
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 Charlie Bennett - Reverse Mortgage Specialist
After ten plus years with HomeTeam Equity as a successful loan consultant, Charlie has become a Reverse Mortgage Specialist. This fantastic financial tool for our seniors 62 and older can be used for many reasons; payoff an existing mortgage, reduce debt, home repair, help children and grandchildren, basically, anything you want. If eligible, you may also use the Reverse Mortgage to purchase a home, where there is no income or credit qualification, no monthly mortgage payments, preserve savings and increase cash flow, plus much more. Charlie is very active in the senior community, is a member of Seminole County South Rotary for over twenty years, and works closely with various non-profit organizations. Charlie has lived in Altamonte Springs for over thirty years, is married with two sons, one daughter and one granddaughter, three cats and two dogs.
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