Reverse Mortgage Rules in Florida

We’ve gathered a list of important resources for seniors living in Florida. The list contains:

  1. Helpful Reverse Mortgage Data
  2. HUD Approved Counseling Agencies
  3. Alzheimer’s Associations
  4. Area Agencies on Aging

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 10918 2243748137
AMERICAN REVERSE MORTGAGE CORP 5365 947472645
AMERICAN ADVISORS GROUP 3974 832241167
FINANCIAL FREEDOM SENIOR FUNDING CORP 3930 772232837
BANK OF AMERICA 3488 726883387
CIRCLE MORTGAGE CORPORATION 2814 629246540
ONE REVERSE MORTGAGE LLC 2554 522091224
VALUE FINANCIAL MORTGAGE SERVICES INC 1742 382626270
WORLD ALLIANCE FINANCIAL CORP. 1378 289436972
LIBERTY HOME EQUITY SOLUTIONS INC 1150 264049353
SEATTLE MORTGAGE COMPANY 1135 200550262
METLIFE BANK NATIONAL ASSOCIATION 1121 248598367
SEMINOLE FUNDING INC 1067 197285220
FINANCE OF AMERICA REVERSE LLC 988 215106764
REVERSE MORTGAGE SOLUTIONS INC 944 209679475
COUNTRYWIDE BANK FSB 929 203283257
GENWORTH FINANCIAL HM EQUITY ACCESS INC 916 208169615
ACADEMY MORTGAGE LLC 900 188117972
REVERSE MORTGAGE ASSOCIATES LLC 891 185307725
OMNI HOME FINANCING INC 884 182080688

Since 2012:

Lender Loans Total Principal Limit
AMERICAN ADVISORS GROUP 3188 693825741
ONE REVERSE MORTGAGE LLC 1479 319624059
LIBERTY HOME EQUITY SOLUTIONS INC 1072 251601553
REVERSE MORTGAGE SOLUTIONS INC 918 205287475
FINANCE OF AMERICA REVERSE LLC 622 153525564
REVERSE MORTGAGE FUNDING LLC 614 161446107
PROFICIO MORTGAGE VENTURES LLC 518 121252664
PS FINANCIAL SERVICES LLC 465 139427280
NATIONWIDE EQUITIES CORPORATION 433 104978382
FIRSTBANK 383 96793201

Click here to get more information about a reverse mortgage and speak to a specialist, absolutely free.

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.

Date Fixed Rate Adjustable Rate
01/01/15 4.97% 2.90%
02/01/15 4.96% 2.93%
03/01/15 4.97% 3.05%
04/01/15 4.90% 3.11%
05/01/15 4.98% 3.20%
06/01/15 4.93% 3.22%
07/01/15 4.86% 3.33%
08/01/15 4.93% 3.34%
09/01/15 4.90% 3.23%
10/01/15 4.94% 3.27%
11/01/15 4.93% 3.35%
12/01/15 4.86% 3.48%
01/01/16 4.87% 3.67%
02/01/16 4.91% 3.82%
03/01/16 4.91% 3.88%
04/01/16 4.99% 4.04%
05/01/16 5.02% 4.13%
06/01/16 5.02% 4.21%
07/01/16 4.91% 4.23%
08/01/16 4.95% 4.35%
09/01/16 4.93% 4.57%
10/01/16 4.95% 4.67%
11/01/16 4.91% 4.74%
12/01/16 4.96% 4.80%
01/01/17 4.99% 4.79%
02/01/17 5.03% 4.74%
03/01/17 5.00% 4.63%
04/01/17 5.00% 4.53%
05/01/17 4.98% 4.46%
06/01/17 5.03% 4.42%
07/01/17 4.99% 4.44%
08/01/17 5.01% 4.50%

Cities with the Most HECMs

Rank City Zip Total
1 MIAMI 33155 10652
2 JACKSONVILLE 32257 3298
3 ORLANDO 32809 3171
4 TAMPA 33615 2473
5 HIALEAH 33013 2370
6 BOYNTON BEACH 33437 1997
7 SARASOTA 34243 1827
8 OCALA 34480 1743
9 THE VILLAGES 32162 1730
10 NAPLES 33942 1684
11 DELRAY BEACH 33445 1680
12 SAINT PETERSBURG 33707 1653
13 FORT LAUDERDALE 33306 1485
14 PORT SAINT LUCIE 34986 1433
15 BOCA RATON 33428 1375
16 WEST PALM BEACH 33407 1288
17 PENSACOLA 32504 1140
18 HOLLYWOOD 33024 1095
19 CAPE CORAL 33904 1079
20 MIAMI GARDENS 33055 1054
21 KISSIMMEE 34744 977
22 BRADENTON 34209 967
23 FORT MYERS 33901 957
24 TAMARAC 33321 950
25 LADY LAKE 32159 898
26 LAKELAND 33811 897
27 SPRING HILL 34608 883
28 POMPANO BEACH 33064 871
29 PORT CHARLOTTE 33981 844
30 MELBOURNE 32935 808

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. Reverse Mortgage Alert updates this information every few months to keep the listings up to date.

APPRISEN – CCCS – DAVIE
Agency ID: 80530
SUITE 107
5400 S. UNIVERSITY DR.
DAVIE, FL 33328-5312
(800) 355-2227 | http://www.cccservices.com

CATHOLIC CHARITIES DIOCESE OF VENICE, INC.
Agency ID: 81049
1219 16TH STREET WEST
BRADENTON, FL 34205-6505
(941) 714-7829 | http://www.catholiccharitiesdov.org

CCCS OF WEST FL – MAIN OFFICE
Agency ID: 80058
14 PALAFOX PLACE
N.F.C.C UNIT #19005/19005-SI
PENSACOLA, FL 32502
(850) 434-0268 | http://www.cccswfl.org

CONSOLIDATED CREDIT SOLUTIONS, INC.
Agency ID: 84804
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
Agency ID: 83885
14104 58TH ST N
CLEARWATER, FL 33760-3758
(866) 395-5769 | http://www.nfdm.org

OASIS OF HOPE CDC
Agency ID: 84267
50 NE 1ST ST
POMPANO BEACH, FL 33060-6602
(954) 586-1283 | http://www.oasiscdc.org

CREDIT CARD MGMT SVCS, INC D/B/A DEBTHELPER.COM
Agency ID: 83706
#201
1325 N CONGRESS AVE
WEST PALM BEACH, FL 33401-2005
(800) 920-2262 | http://www.debthelper.com

DEBT MANAGEMENT CREDIT COUNSELING CORP
Agency ID: 83981
3310 N FEDERAL HWY
LIGHTHOUSE POINT, FL 33064-6742
(954) 418-1466 | http://www.dmcccorp.org

HOUSING AND NEIGHBORHOOD DEVELOPMENT SERVICES OF CENTRAL FLORIDA, INC.
Agency ID: 80757
SUITE 305
1707 ORLANDO CENTRAL PKWY
ORLANDO, FL 32809-5759
(407) 447-5686 | https://www.cflhands.org

TAMPA BAY COMMUNITY DEVELOPMENT CORPORATION
Agency ID: 81370
2139 NE COACHMAN RD, SUITE 1
CLEARWATER, FL 33765-2612
(727) 442-7075 | www.tampabaycdc.org

TRINITY EMPOWERMENT CONSORTIUM, INC.
Agency ID: 84254
9755 SW 184TH ST
PALMETTO BAY, FL 33157-6932
(305) 248-4553 | http://www.trinityempowers.org
(727) 442-7075

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
pcowley@alz.org

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