Use Your Home Equity

With a Reverse Mortgage!

SEE IF YOU QUALIFY

Reverse Mortgages for Florida Condos:
No Minimum Loan Amount & No FHA Approval Needed.

Secure a More Comfortable Future

Start your Reverse Mortgage Process with Sunshine State Home Loans, LLC.

If you’re exploring a more flexible way to tap into your home equity, our proprietary reverse mortgage program may be the ideal solution. Although FHA-insured Home Equity Conversion Mortgages (HECMs) are widely known, they often come with strict regulations, high upfront mortgage insurance, and limitations on initial payouts. Our Choice product, on the other hand, offers potential advantages such as no upfront insurance fees, faster closings, and access to your full eligible funds at once.

Key Benefits of Our Proprietary Option

More Cash at Closing

Enjoy 100% of your available funds right away.

No Upfront Mortgage Insurance

Avoid substantial fees that come with FHA-insured loans.

Faster Processing

Streamlined steps can help you close sooner and receive your money when you need it most.

Fewer Condo Restrictions

More lenient property rules make it easier for condominiums to qualify.

Proprietary Choice Reverse Mortgage vs. FHA-Insured (HECM)



Feature

Proprietary Choice Reverse Mortgage

FHA Reverse Mortgage (HECM)

Lump Sum at Closing

Yes – up to 100% of your eligible funds

No – limited initial draw, often restricted

Upfront Mortgage Insurance

Not Required (reduces closing costs)

Required – one-time MIP can be significant

Condominium Approval

Flexible – no FHA condo approval needed

Restrictive – must meet FHA requirements

Closing Timeline

Faster – fewer regulations can speed up the process

Longer – additional FHA steps may delay closing

Homeownership

You stay on title and keep full ownership. It’s just a lien, like any mortgage.

You stay on title and keep full ownership. It’s just a lien, like any mortgage

How a Reverse Mortgage Can Help You

1. Cut Monthly Housing Costs
Free up monthly cash by paying off your current home loan.
2. Consolidate Debts with High Interest
Tackle costly credit cards or personal loans to reduce financial stress.
3. Improve or Remodel Your Home
Keep your property in top condition or add features to help you age comfortably in place.
4. Boost Your Available Funds
Supplement Social Security or pension benefits for added peace of mind.
5. Handle Medical Expenses
Pay off hospital bills or invest in long-term care without depleting your savings.
6. Protect Your Investments
Avoid selling stocks or other assets in a down market by tapping into home equity instead.
7. Share Your Legacy Early
Provide loved ones with financial support now, while you still own your home.
8. Experience Lenient Qualifications
Less stringent credit and income requirements than many traditional mortgage products.
most loans.



Ready to Explore Your Options?

A reverse mortgage can be a powerful tool for enhancing your financial security during retirement. Our dedicated team is here to help you determine if a proprietary reverse mortgage or another solution is the best fit for your needs.

Call Us 727-244-7076

Schedule a Free Consultation

Check Your Eligibility

Take control of your retirement finances. Get started now and discover how a reverse mortgage may help you achieve a more comfortable, flexible future.

Success Stories

What are the seniors saying who have taken out reverse mortgages? According to an AARP survey of 1500 seniors who had obtained a reverse mortgage, is that reverse mortgages may be more practical than most realize. The following is how those 1500 seniors responded to the AARP survey:

  • 95% reported that a reverse mortgage partially to fully met their financial needs
  • 94% reported a greater peace of mind
  • 89% described having a more comfortable lifestyle
  • 93% reported that their reverse mortgage had a positive effect on their life
  • 87% answered that they had a better quality of life
  • 100% satisfied with our customer service