Considering a reverse mortgage? We’ve gathered important resources for seniors living in Florida to help with this decision. Here’s what you’ll find:
- The Top HECM Lenders in FL
- Interest Rates for Florida Reverse Mortgages
- Top FL Cities by Loan Volume
- HUD Approved Counseling Agencies
We’ve also included a few other relevant resources:
Want to learn more? Click here to get free information about a reverse mortgage!
Top Florida Reverse Mortgage Lenders
Due to large changes in the marketplace that occurred around 2012 – large banks getting out of the business – it’s worth listing both the top originators of all time and those who have led since then.
All Time:
| Lender | Loans | Total Principal Limit |
| WELLS FARGO | 10,918 | 2,243,748,137 |
| AMERICAN ADVISORS GROUP | 10,137 | 2,714,287,830 |
| AMERICAN REVERSE MORTGAGE CORP | 5,365 | 947,472,645 |
| FINANCIAL FREEDOM SENIOR FUNDING CORP | 3,930 | 772,232,837 |
| BANK OF AMERICA | 3,488 | 726,883,387 |
| ONE REVERSE MORTGAGE LLC | 3,108 | 667,312,338 |
| CIRCLE MORTGAGE CORPORATION | 2,814 | 629,246,540 |
| FINANCE OF AMERICA REVERSE LLC | 2,649 | 878,596,490 |
| MUTUAL OF OMAHA MORTGAGE INC. | 1,758 | 756,973,742 |
| VALUE FINANCIAL MORTGAGE SERVICES INC | 1,742 | 382,626,270 |
| REVERSE MORTGAGE FUNDING LLC | 1,483 | 469,806,151 |
| LIBERTY HOME EQUITY SOLUTIONS INC | 1,390 | 330,387,403 |
| WORLD ALLIANCE FINANCIAL CORP. | 1,378 | 289,436,972 |
| SEATTLE MORTGAGE COMPANY | 1,135 | 200,550,262 |
| METLIFE BANK NATIONAL ASSOCIATION | 1,121 | 248,598,367 |
| SEMINOLE FUNDING INC | 1,067 | 197,285,220 |
| ACCESS REVERSE MORTGAGE CORPORATION | 1,040 | 263,518,572 |
| REVERSE MORTGAGE SOLUTIONS INC | 944 | 209,679,475 |
| COUNTRYWIDE BANK FSB | 929 | 203,283,257 |
| GENWORTH FINANCIAL HM EQUITY ACCESS INC | 916 | 208,169,615 |
Since 2012
| Lender | Loans | Total Principal Limit |
| AMERICAN ADVISORS GROUP | 9,351 | 2,575,872,404 |
| FINANCE OF AMERICA REVERSE LLC | 2,283 | 817,015,290 |
| ONE REVERSE MORTGAGE LLC | 2,033 | 464,845,173 |
| MUTUAL OF OMAHA MORTGAGE INC. | 1,758 | 756,973,742 |
| REVERSE MORTGAGE FUNDING LLC | 1,483 | 469,806,151 |
| LIBERTY HOME EQUITY SOLUTIONS INC | 1,312 | 317,939,603 |
| REVERSE MORTGAGE SOLUTIONS INC | 918 | 205,287,475 |
| SENIOR LENDING CORPORATION | 792 | 256,572,550 |
| PHH MORTGAGE CORPORATION | 656 | 242,129,652 |
| SOUTH RIVER MORTGAGE LLC | 655 | 233,338,700 |
Florida Reverse Mortgage Rates
These rates are averages taken from data reported by the Department of Housing and Urban Development each month. Though it may not be possible for you to get the exact interest rates shown here, looking at the past few months of rates should give you an idea of what lenders in Florida should be offering you.
Current Rates
| Date | Fixed Rate | Adjustable Rate |
| 2019-01-01 | 4.65% | 5.15% |
| 2019-02-01 | 4.80% | 5.04% |
| 2019-03-01 | 4.82% | 4.90% |
| 2019-04-01 | 4.88% | 4.76% |
| 2019-05-01 | 4.88% | 4.77% |
| 2019-06-01 | 4.99% | 4.73% |
| 2019-07-01 | 4.58% | 4.44% |
| 2019-08-01 | 4.56% | 4.23% |
| 2019-09-01 | 4.53% | 4.18% |
| 2019-10-01 | 4.93% | 4.29% |
| 2019-11-01 | 4.31% | 4.22% |
| 2019-12-01 | 4.50% | 4.06% |
| 2020-01-01 | 4.44% | 4.08% |
| 2020-02-01 | 4.60% | 3.99% |
| 2020-03-01 | 4.39% | 3.99% |
| 2020-04-01 | NA | 3.64% |
| 2020-05-01 | 4.30% | 3.44% |
| 2020-06-01 | 3.37% | 3.24% |
| 2020-07-01 | 3.88% | 3.18% |
| 2020-08-01 | 3.56% | 3.08% |
| 2020-09-01 | 3.57% | 3.06% |
| 2020-10-01 | 3.28% | 3.00% |
| 2020-11-01 | 3.45% | 2.96% |
| 2020-12-01 | 3.33% | 2.90% |
| 2021-01-01 | 3.28% | 2.78% |
| 2021-02-01 | 3.38% | 2.74% |
| 2021-03-01 | 3.46% | 2.62% |
| 2021-04-01 | 3.33% | 2.55% |
| 2021-05-01 | 3.36% | 2.42% |
| 2021-06-01 | 3.52% | 2.28% |
| 2021-07-01 | 3.26% | 2.20% |
| 2021-08-01 | 3.32% | 2.34% |
| 2021-09-01 | 3.36% | 2.29% |
| 2021-10-01 | 3.39% | 2.25% |
| 2021-11-01 | 3.33% | 2.25% |
| 2021-12-01 | 3.50% | 2.28% |
| 2022-01-01 | 3.48% | 2.40% |
| 2022-02-01 | 3.43% | 2.49% |
| 2022-03-01 | 3.57% | 2.86% |
| 2022-05-01 | 4.04% | 3.78% |
| 2022-04-01 | 3.71% | 3.20% |
| 2022-06-01 | 4.58% | 4.01% |
| 2022-07-01 | 4.00% | 4.53% |
| 2022-08-01 | 4.87% | 5.17% |
| 2022-09-01 | 5.34% | 5.58% |
| 2022-10-01 | 5.48% | 5.81% |
| 2022-11-01 | 5.91% | 6.53% |
| 2022-12-01 | 6.56% | 6.58% |
| 2023-01-01 | 6.42% | 6.94% |
| 2023-02-01 | 6.68% | 6.89% |
| 2023-03-01 | 6.87% | 7.23% |
| 2023-04-01 | 6.88% | 6.99% |
| 2023-05-01 | 6.81% | 6.96% |
| 2023-06-01 | 4.62% | 7.19% |
| 2023-07-01 | 6.05% | 7.43% |
| 2023-08-01 | 7.29% | 7.65% |
| 2023-09-01 | NA | 7.63% |
| 2023-10-01 | NA | 7.72% |
| 2023-11-01 | 7.12% | 7.73% |
| 2023-12-01 | 7.96% | 7.64% |
| 2024-01-01 | 7.93% | 7.47% |
| 2024-02-01 | 7.18% | 7.26% |
| 2024-03-01 | NA | 7.20% |
| 2024-04-01 | NA | 7.22% |
| 2024-05-01 | NA | 7.37% |
| 2024-06-01 | 7.68% | 7.38% |
| 2024-07-01 | NA | 7.35% |
| 2024-08-01 | NA | 7.21% |
| 2024-09-01 | 7.56% | 6.75% |
Historic Rates
| Date | Fixed Rate | Adjustable Rate |
| 2015-01-01 | 4.97% | 2.90% |
| 2015-02-01 | 4.96% | 2.93% |
| 2015-03-01 | 4.97% | 3.05% |
| 2015-04-01 | 4.90% | 3.11% |
| 2015-05-01 | 4.98% | 3.20% |
| 2015-06-01 | 4.93% | 3.22% |
| 2015-07-01 | 4.86% | 3.33% |
| 2015-08-01 | 4.93% | 3.34% |
| 2015-09-01 | 4.90% | 3.23% |
| 2015-10-01 | 4.94% | 3.27% |
| 2015-11-01 | 4.93% | 3.35% |
| 2015-12-01 | 4.86% | 3.48% |
| 2016-01-01 | 4.87% | 3.67% |
| 2016-02-01 | 4.91% | 3.82% |
| 2016-03-01 | 4.91% | 3.88% |
| 2016-04-01 | 4.99% | 4.04% |
| 2016-05-01 | 5.02% | 4.13% |
| 2016-06-01 | 5.02% | 4.21% |
| 2016-07-01 | 4.91% | 4.23% |
| 2016-08-01 | 4.95% | 4.35% |
| 2016-09-01 | 4.93% | 4.57% |
| 2016-10-01 | 4.95% | 4.67% |
| 2016-11-01 | 4.91% | 4.74% |
| 2016-12-01 | 4.96% | 4.80% |
| 2017-01-01 | 4.99% | 4.79% |
| 2017-02-01 | 5.03% | 4.74% |
| 2017-03-01 | 5.00% | 4.63% |
| 2017-04-01 | 5.00% | 4.53% |
| 2017-05-01 | 4.98% | 4.46% |
| 2017-06-01 | 5.03% | 4.42% |
| 2017-07-01 | 4.99% | 4.44% |
| 2017-08-01 | 5.01% | 4.50% |
| 2017-09-01 | 5.04% | 4.52% |
| 2017-10-01 | 4.98% | 4.51% |
| 2017-11-01 | 5.01% | 4.57% |
| 2017-12-01 | 5.01% | 4.63% |
| 2018-01-01 | 4.93% | 4.65% |
| 2018-02-01 | 4.88% | 4.65% |
| 2018-03-01 | 4.89% | 4.59% |
| 2018-04-01 | 4.66% | 4.77% |
| 2018-05-01 | 4.77% | 4.79% |
| 2018-06-01 | 4.74% | 4.74% |
| 2018-07-01 | 4.71% | 4.82% |
| 2018-08-01 | 4.77% | 4.81% |
| 2018-09-01 | 4.64% | 4.78% |
| 2018-10-01 | 4.69% | 4.81% |
| 2018-11-01 | 4.71% | 4.87% |
| 2018-12-01 | 4.81% | 5.02% |
Cities with the Most HECMs
| Rank | City | Zip | Total |
| 1 | THE VILLAGES | 32162 | 1,742 |
| 2 | BOYNTON BEACH | 33437 | 1,237 |
| 3 | MIAMI | 33165 | 869 |
| 4 | LADY LAKE | 32159 | 816 |
| 5 | HIALEAH | 33012 | 808 |
| 6 | TAMARAC | 33321 | 780 |
| 7 | MIAMI | 33147 | 751 |
| 8 | MIAMI | 33175 | 728 |
| 9 | DELRAY BEACH | 33484 | 703 |
| 10 | SUMMERFIELD | 34491 | 657 |
| 11 | MIAMI | 33155 | 630 |
| 12 | LEESBURG | 34748 | 624 |
| 13 | DELRAY BEACH | 33446 | 606 |
| 14 | VENICE | 34293 | 575 |
| 15 | FORT LAUDERDALE | 33311 | 571 |
| 16 | MIAMI GARDENS | 33055 | 570 |
| 17 | PALM COAST | 32137 | 564 |
| 18 | LAKE WORTH | 33467 | 562 |
| 19 | MIAMI | 33176 | 540 |
| 20 | PALM COAST | 32164 | 519 |
| 21 | MIAMI | 33177 | 509 |
| 22 | MIAMI | 33142 | 498 |
| 23 | PORT SAINT LUCIE | 34952 | 495 |
| 24 | MIAMI | 33186 | 471 |
| 25 | HIALEAH | 33013 | 470 |
| 26 | PORT SAINT LUCIE | 34953 | 460 |
| 27 | MIAMI GARDENS | 33056 | 458 |
| 28 | PORT SAINT LUCIE | 34983 | 443 |
| 29 | PALM BAY | 32907 | 438 |
| 30 | MARGATE | 33063 | 435 |
Want to learn more? Click here to get free information about a Florida reverse mortgage!
HECM Counseling Agencies
The HECM Counselors listed below are located in Florida. This information comes from a database maintained by the United States Department of Housing and Urban Development. While we strive to keep this list updated, we strongly recommend doing your own research in addition to using this list.
CONSOLIDATED CREDIT SOLUTIONS, INC.
5701 W SUNRISE BLVD
PLANTATION, FL 33313-6269
(800) 435-2261
http://www.consolidatedcredit.org
CONSUMER CREDIT AND BUDGET COUNSELING, DBA NATIONAL FOUNDATION FOR DEBT MANAGEMENT
14104 58TH ST N
CLEARWATER, FL 33760-3758
(866) 395-5769
http://www.nfdm.org
CREDIT CARD MGMT SVCS, INC DBA REVERSEMORTGAGEHELPER.ORG AND DEBTHELPER.COM
1325 N CONGRESS AVE #201
WEST PALM BEACH, FL 33401-2005
(800) 920-2262
http://www.debthelper.com
HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICES OF CENTRAL FLORIDA, INC.
1707 ORLANDO CENTRAL PKWY SUITE 305
ORLANDO, FL 32809-5759
(407) 447-5686
https://www.cflhands.org
H.E.L.P. COMMUNITY DEVELOPMENT CORP.
63 E KENNEDY BLVD STE 100-B
EATONVILLE, FL 32751-5345
(407) 628-4832
http://www.helpcdc.org
DEBT MANAGEMENT CREDIT COUNSELING CORP – (NUEVA ESPERANZA SUBGRANTEE)
3310 N FEDERAL HWY
LIGHTHOUSE POINT, FL 33064-6742
(954) 418-1466
http://www.dmcccorp.org
TALLAHASSEE LENDERS CONSORTIUM, INC.
224 OFFICE PLZ
TALLAHASSEE, FL 32301-2808
(850) 222-6609 ext 110
http://www.tallahasseelenders.org
TRINITY EMPOWERMENT CONSORTIUM, INC.
11885 SW 216 ST SUITE A FRONT BOX 5
MIAMI, FL 33170-2900
(305) 248-4553 ext 700
http://www.trinityempowers.org
HOUSING FOUNDATION OF AMERICA
2400 N UNIVERSITY DR STE 200
PEMBROKE PINES, FL 33024-3629
(954) 923-5001
http://www.approvedbyhud.org
CCCS OF PUERTO RICO – ORLANDO
8751 COMMODITY CIR SUITE #4
ORLANDO, FL 32819-9027
(787) 722-8835
https://www.consumerpr.org
OASIS OF HOPE CDC
351 S CYPRESS RD STE 301
POMPANO BEACH, FL 33060-7166
(954) 586-1283
http://www.oasiscdc.org
NID-HCA FLORIDA FELTON
610 NW 183RD ST
MIAMI GARDENS, FL 33169-4472
(305) 652-7616
www.nidhousing.com/
Alzheimer’s Associations
Clearwater, Serving Pinellas and West Pasco Counties
Airport Business Center
14010 Roosevelt Blvd., Suite 709
(Door faces 140th Ave N)
Clearwater, FL 33762
727.578.2558
Bonita Springs, Serving Collier and Lee Counties
Sunshine Professional Center
9220 Bonita Beach Road #223
Bonita Springs, FL 34135
239.405.7008
Brandon, Serving Hillsborough & East Pasco Counties
309 North Parsons Avenue
Brandon, FL 33510
813.684.1296
Lakeland, Serving Polk County
Florida Avenue Center
601 S Florida Avenue, Suite 3
Lakeland, FL 33801
863.292-9210
Orlando Office
378 CenterPointe Circle, Suite 1280
Altamonte Springs, FL 32701
(407) 951-7992 office
(407) 951-7993 fax
24/7 Helpline: (800) 272-3900
Jacksonville Office
4237 Salisbury Road, Suite 310
Jacksonville, FL 32216
(904) 281-9077 office
(904) 281-9078 fax
24/7 Helpline: (800) 272-3900
Gainesville Office
2727 NW 43rd Street, Suite 5B
Gainesville, FL 32606
(352) 372-6266 office
(352) 372-2038 fax
24/7 Helpline: (800) 272-3900
Tallahassee Office
2000 Apalachee Parkway, Suite 200
Tallahassee, FL 32301
(850) 408-9984 office
24/7 Helpline: (800) 272-3900
Port Charlotte, Serving Charlotte & Desoto Counties
4075 Tamiami Trail #2
Port Charlotte, FL 33952
941.235.7470
Sarasota, Serving Manatee & Sarasota Counties
3277A Fruitville Road, Suite 1
Sarasota, FL 34237
941.365.8883
Sebring, Serving Hardee, Hendry, Highlands & Glades Counties
The Hainz Professional Center
134 N. Ridgewood Drive, Suite 17 Sebring, FL 33870
863.385.3444
Spring Hill, Serving Citrus, Hernando & Sumter Counties
4108 Lamson Avenue
Spring Hill, FL 34608
352.688.4537
Palm Beach Office, Headquarters
3333 Forest Hill Boulevard
West Palm Beach, FL 33406
Phone: 800.272.3900
Fax: 561.967.0947
Treasure Coast Office
11711 SE US Highway 1
Hobe Sound, FL 33455
Phone: 800.272.3900
Fax: 772.546.5990
Broward Office, Broward Health North
201 E. Sample Road
Deerfield Beach, FL 33046
Phone: 800.272.3900
Fax: 954.786.1538
Miami-Dade Office
1475 N.W. 14th Ave.
Miami, FL 33125
Phone: 800.272.3900
Fax: 305.324.0965
South Alabama and Florida Panhandle
223 W. Gregory Street
Pensacola, FL 32502
850.462.5410
[email protected]
Area Agencies on Aging
Northwest Florida Area Agency on Aging, Inc.
5090 Commerce Park Circle
Pensacola, FL 32505
(850) 494-7101
http://www.nwflaaa.org
Area Agency on Aging for North Florida, Inc.
2414 Mahan Drive
Tallahassee, FL 32308
(850) 488-0055
http://www.aaanf.org
Elder Options
100 SW 75th Street, #301
Gainesville, FL 32607
(352) 378-6649
http://www.agingresources.org
ElderSource, The Area Agency on Aging of Northeast Florida
10688 Old St Augustine Road
Jacksonville, FL 32257
(904) 391-6600
http://www.myeldersource.org
Alliance for Aging, Inc.
760 NW 107th Avenue
Suite 214, 2nd Floor
Miami, FL 33172
(305) 670-6500
http://www.allianceforaging.org
Area Agency on Aging of Pasco-Pinellas, Inc.
9549 Koger Boulevard North, Suite 100
St. Petersburg FL 33702
(727) 570-9696
http://www.agingcarefl.org
Senior Connection Center, Inc.
8928 Brittany Way
Tampa, FL 33619
(813) 740-3888
http://www.agingflorida.com
Senior Resource Alliance
988 Woodcock Road, Suite 200
Orlando, FL 32803
(407) 514-1800
http://www.seniorresourcealliance.org
Area Agency on Aging for Southwest Florida
15201 North Cleveland Avenue, Suite 1100
North Fort Myers, FL 33903
(239) 652-6900
http://www.aaaswfl.org
Your Aging Resource Center
4400 N. Congress Avenue
West Palm Beach, FL 33407
(561) 684-5885
http://www.youragingresourcecenter.org
Aging & Disability Resource Center of Broward County, Inc.
5300 Hiatus Road
Sunrise, FL 33351
(954) 745-9567
http://www.adrcbroward.org
