✓ No FHA Approval Required
✓ Line of Credit Never Expires
✓ Available at Age 55
✓ Loans Up to $4 Million
Yes it is possible. Our proprietary reverse mortgage is available to Florida homeowners starting at age 55. You do not have to wait until 62.
Call (727) 244-7076 to Find Out If You QualifyNo obligation · No paperwork to get started · We take our time with you
Almost every reverse mortgage lender in Florida will tell you the same thing: you need to be at least 62. That is true for the government FHA reverse mortgage called the HECM. It has a federal minimum age of 62. But that is not the only reverse mortgage available. It is just the one most lenders offer because it is the most common government program. We offer a proprietary private reverse mortgage with a minimum age of 55. If you just turned 55 or are anywhere between 55 and 61 you may qualify for our program right now.
Sunshine State Home Loans offers a proprietary reverse mortgage available to Florida homeowners starting at age 55. This is not a government loan. It is a private proprietary loan that follows all applicable federal and state lending regulations but is not subject to the FHA age requirement of 62. We have helped Florida homeowners at age 55 access their home equity without selling their home or making monthly mortgage payments. Subject to property and borrower approval.
Available at age 55, seven years before the FHA program minimum of 62. You may qualify subject to approval.
Florida condo owners age 55 and older may qualify even if the community is not FHA approved. We evaluate each property individually.
No required monthly mortgage payments if you meet all loan obligations. Borrowers remain responsible for property taxes, insurance, HOA dues, and special assessments.
The FHA program charges an upfront mortgage insurance premium. Our proprietary loan does not, because it is not a government program.
We prepare a complete reverse mortgage loan comparison at no cost and with no obligation. Find out exactly what you may qualify for.
Hear from homeowners who discovered they could qualify for a reverse mortgage at age 55.
Is 55 really old enough for a reverse mortgage in Florida?
Yes, for our proprietary reverse mortgage. The FHA government program HECM requires a minimum age of 62. Our private proprietary loan has a minimum age of 55. You may qualify subject to approval.
What if I just turned 55?
If you have reached your 55th birthday, you meet the minimum age requirement for our proprietary reverse mortgage. Contact us for a free loan comparison at no obligation.
Does my home type matter?
We serve Florida homeowners with single family homes and condos. Condo communities do not need FHA approval. Each property is reviewed individually subject to underwriting.
How much can I get at age 55?
The amount you may qualify for depends on your age, home value, current rates, and any existing mortgage. Generally, younger borrowers may qualify for a smaller percentage. Contact us for a free loan comparison.
How do I apply?
Fill out our form and we will prepare your loan comparison. We will reach out within one business day. No paperwork required upfront, no obligation.
There is no paperwork required to get started. We will review your situation and prepare a complete comparison at no cost or obligation.
Sunshine State Home Loans · Licensed in Florida · Serving homeowners across the entire state
Fill out the short form below and we will prepare your reverse mortgage loan comparison and reach out within one business day to discuss your options. No paperwork. No commitment. No obligation of any kind.
Please note: Borrowers are always responsible for the payment of property taxes, homeowners insurance, HOA dues, and any special assessments. Failure to meet these obligations may result in the loan becoming due and payable. This is not a commitment to lend. All loans are subject to credit and property approval.
This website is for informational purposes only and does not constitute financial, legal, or tax advice. Reverse mortgage products are subject to eligibility requirements, terms, and conditions. All loans are subject to credit approval. This material is not a commitment to lend. Sunshine State Home Loans is licensed to offer mortgage products in the state of Florida. Results vary based on individual circumstances. For complete program details, please contact us directly at (727) 244-7076.