The housing market in Jacksonville, Florida is a very competitive market. Homes typically go for 2% below listing price at an average sales price of $194,000. The average home value is around $195,692. At this value, a borrower in Jacksonville with a fair credit score may be eligible for a loan upwards of $90,000.
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HUD-Approved Counseling Agencies in Jacksonville, Florida
|H.E.L.P. COMMUNITY DEVELOPMENT CORP.||(407) 628-4832||63 E KENNEDY BLVD STE 100-B |
|DEBT MANAGEMENT CREDIT COUNSELING CORP.||(954) 418-1466||3310 N. FEDERAL HIGHWAY|
LIGHTHOUSE POINT, FL 33064-6742
|HOUSING AND NEIGHBORHOOD DEVELOPMENT |
SERVICES OF CENTRAL FLORIDA, INC.
|(407) 447-5686||SUITE 3051707 ORLANDO CENTRAL|
PKWY ORLANDO, FL 32809-5759
|TRINITY EMPOWERMENT CONSORTIUM, INC.||(305) 248-4553||11885 SW 216 ST SUITE AMIAMI, |
Few might think that taking out a loan would be a wise way to help boost their finances. Yet in the case of a reverse mortgage for seniors in Jacksonville, Florida, it could be a great method for achieving financial stability. South River Mortgage has been helping seniors unlock financial freedom through a reverse mortgage for years. Here’s what you need to know about our services in Jacksonville, Florida.
A reverse mortgage isn’t like a standard loan. You don’t have to pay it back every month. The reverse mortgage pays you every month. It’s based on the equity of your home. You don’t have to pay the loan back during your lifetime either unless you end up selling your house. Instead, your children will sell the home after you pass to pay off the loan.
Using a reverse mortgage in Jacksonville, Florida allows you to access the equity of your home when it would have just sat there, otherwise, collecting and being unused. With that money in your pocket, you can easily pay off debt, keep up with your bills, splurge, and even invest.
Who you choose for your reverse mortgage in Jacksonville, Florida is vital. One important factor to consider is the reverse mortgage rates in Florida. It is important to find the best rates for your financial situation. You can start by talking to a South River Mortgage broker to understand your situation and what options are available to you.
That’s why choosing our brokers is so important. We’re one of the top in Jacksonville, Florida brokers because we can shop around for the best rates for our borrowers. Our reverse mortgage brokers strive to give our clients the best rates and prices possible. We want to help you grow your wealth and enjoy your retirement.
Another reason you should choose the services of our brokers in Jacksonville, Florida is that we also have different loan types. Our reverse mortgage brokers can go over your situation and help you choose which loan option is the one that suits your needs the most. Whether you want to use the funds from your loan to invest or just to pay off bills, we can help you find the right policy.
Finally, our experience is unmatched. This is important to ensure your finances are handled professionally and safely.
If you’re interested in a reverse mortgage in Jacksonville, Florida, then give us a call. Our brokers are eager to explain how this incredible loan can help you and your family. Call us today or try our mortgage calculator.
How a Reverse Mortgage Works
Speak to a Reverse Mortgage Advisor
Have questions about the reverse mortgage? Are you not sure if this is the right program for you? Speak with one of our trusted reverse mortgage advisors today
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