You'll attain the best reverse mortgage deals in Miami, Florida.

Meet Angella Conrard.

Angella Conrard, CRMP

Your Retirement is comfortable with a Reverse Mortgage in Miami, Florida

Retirees living in Miami, Florida, no longer worry about having enough retirement cash flow. A Home Equity Conversion Mortgage (HECM) or jumbo reverse mortgage can increase their income and enhance their lifestyle during retirement.

What is a reverse mortgage in Miami, Florida?

A HECM is the most popular type of reverse mortgage available to homeowners aged 62 and older. They are government-insured loans that allow seniors to convert a portion of the equity in their home into tax-free money without having to make monthly payments or sell the house. Borrowers must continue to pay property taxes and homeowner's insurance. Otherwise, the loan may become due and payable.

Jumbo reverse mortgages offer an alternative option for retirees looking for more cash flow than a traditional HECM. These loans provide higher loan amounts based on the borrower’s age and home value. Unlike the HECM, these loans are not government-insured; however, they can be used with any property type that meets specific requirements.

Both types of reverse mortgages can benefit retirees living in Miami by providing an additional source of retirement cash and freeing up capital for other investments or supplementing social security income. With both options, borrowers remain responsible for keeping up with property maintenance expenses and all related expenses.

Miami, Florida Reverse Mortgage Lenders

Retirees seeking more details regarding HECMs or jumbo reverse mortgages should consult with Angella Conrard, Certified Reverse Mortgage Professional specializing in this area. Each individual’s situation may vary to eligibility, fees, and costs associated with these products.

Are you looking to increase your retirement cash flow while living in Miami, Florida? Look no further than a Home Equity Conversion Mortgage or jumbo reverse mortgage. Contact Angella Conrard, Certified Reverse Mortgage Professional, for more information about these options and a free package about the various lenders and programs on the market.

About Miami, Florida

Retirement in Miami, Florida, is famous for those looking for sunny weather and access to the city's amenities. With mild temperatures throughout the year and a wealth of activities from boating, golfing, and beachgoing to museums, art galleries, and world-class dining, Miami has something to offer everyone. Additionally, retirees can take advantage of special programs that are available just for them, such as discounted admission to attractions or public transportation. With all these benefits, it's no wonder why so many retirees choose to live out their golden years in Miami.