NMLS ID:1747872

 

 

 

© 2018  BEACON POINT MORTGAGE SOLUTIONS, LLC 

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Terms of Use 

LOAN PROGRAMS & RATES expressed are representative of some product offerings but are subject to CHANGE at anytime.

*Florida Second Home Specialist is not a state designation nor a Florida State endorsement.

“THIS PRODUCT OR SERVICE HAS NOT BEEN APPROVED OR ENDORSED BY ANY GOVERNMENTAL AGENCY, AND THIS OFFER IS NOT BEING MADE BY AN AGENCY OF THE GOVERNMENT.” 

Instead this service reflects the scope of our work and commitment to make it easy for out of state residents to finance a second residence in Florida.

 

Call us! 800-466-0664

REVERSE MORTGAGE

Accessing home equity has become increasingly important in today's world, where traditional sources of retirement income are not always sufficient.  As people are living longer and spending more time in retirement, Home Equity Conversion Mortgages HECM, commonly known as Reverse Mortgages are a necessary component to funding one's retirement. If you are experiencing a lack of liquidity and in ability to pay for your current mortgage payment due to a fixed income, then a HECM may be right for you.  Ask a Beacon Point Loan Officer about your needs and how we can customize a reverse mortgage to meet your particular needs.

ESTABLISH a

rainy day fund

Supplement your income

Refinance an existing mortgage

Buy a home OR MAJOR PURCHASE

Home improvements

Home modifications

Pay off high-interest rate credit cards

Be more financially prepared

Repay a home equity loan

Pay for healthcare

Cover in-home care costs

Cover in-home care costs

60 IS THE NEW 62

More Access to Funds

Reduced Closing Costs & Upfront Charges

HECM-Fixed Rate

with a HECM Fixed Rate, you are required to take all of your money at closing in one lump sum. This may be a desirable choice if you’re using your HECM to pay off a larger existing mortgage or cover other immediate needs.

HECM EDGE 

If you're age 60 or older and own or are planning to buy a condo or townhouse, then we have a lender for your. 

HECM ANNUAL

HECM Annual is a reverse mortgage whose interest rate adjusts only once a year, with a “lifetime cap” to ensure that your rate will never go beyond a certain percentage over the initial rate. In addition, there’s an “interval cap” that guarantees that your interest rate cannot increase by more than a certain percentage annually.

TEAM

Our team members are well trained in complex situations, involving powers of attorney guardianship, and probate, and how it may relate to your application .

HECM MONTHLY

The interest rate on this HECM fluctuates on a monthly basis, but it also offers more options for homeowners — including a “rate cap” that guarantees that your rate will never go up more than a certain percent over the initial rate.

CONTACT US

We are easily accessible and are trained to listen closely, proposing solutions and committed to finding the right lender to fund your transaction.