✓ No FHA Approval Required
✓ Line of Credit Never Expires
✓ Available at Age 55
✓ Loans Up to $4 Million
Standard government reverse mortgages have federal lending limits that do not reflect the value of many Florida properties. Our proprietary jumbo reverse mortgage offers loan amounts up to $4 million for high value Florida homes and condominiums.
Serving high value properties in Miami Beach, Naples, Palm Beach, Sarasota, St Petersburg and throughout Florida's most prestigious communities.
Call (727) 244-7076 for a Free Jumbo Loan ComparisonNo obligation. No paperwork required.
The FHA Home Equity Conversion Mortgage has a federal maximum lending limit that is reset annually. For many high value Florida properties this limit captures only a fraction of the available home equity. If your Florida home is worth significantly more than the FHA lending limit the HECM may leave substantial equity inaccessible. A proprietary jumbo reverse mortgage is designed specifically for high value properties. It operates outside the FHA system and uses its own underwriting criteria and loan limits.
Our proprietary jumbo reverse mortgage offers loan amounts up to $4 million for eligible Florida homeowners.
Each loan is evaluated individually and is subject to property and borrower approval.
Up to $4 million loan amounts, higher than FHA HECM limits, subject to approval.
Unlike government HECM requiring 62, available at 55.
High value FL condos face FHA challenges, our loan doesn't require community approval, evaluated individually.
FHA charges upfront MIP, $1M property = $20,000, our jumbo doesn't.
No expiration, unlike 10-year draw period products, open as long as funds available and meet obligations.
Homeowners with high value properties are discovering the financial flexibility of a jumbo reverse mortgage.
What makes a reverse mortgage jumbo?
A jumbo reverse mortgage is a proprietary private loan designed for high value properties that exceed FHA HECM federal lending limits. Not subject to federal lending caps, it offers higher loan amounts for homeowners with significant equity.
What property values qualify?
Our jumbo reverse mortgage is available for a range of Florida property values. Contact us for a free comparison based on your home value. Each property is evaluated individually.
Is my high value condo eligible?
High value Florida condominiums may qualify even if the community is not FHA approved. Your condo is evaluated individually, subject to underwriting approval.
How does a jumbo reverse mortgage compare to a home equity loan?
A reverse mortgage requires no monthly payments if you meet obligations such as maintaining property taxes, insurance, HOA fees, and assessments. A HELOC requires monthly payments. The right choice depends on your situation.
How do I find out what I qualify for?
Fill out our form and we will prepare your jumbo reverse mortgage comparison and reach out within one business day. No paperwork, no obligation.
Contact us for a free comparison of your jumbo reverse mortgage options. No credit check. No pressure. Just a conversation about your home, your equity, and what you qualify for.
Sunshine State Home Loans · Licensed in Florida · Serving high value homeowners across the entire state
Fill out the short form below and we will prepare your jumbo reverse mortgage loan comparison and reach out within one business day to walk you through your numbers. No paperwork. No commitment. No obligation.
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.