Reverse Mortgage

Using a reverse mortgage to tap home equity is one of the most powerful options available to retirees today

How Reverse Mortgages Work

Reverse mortgages are becoming popular among homeowners aged 62 and older who need extra money. This loan lets seniors use the equity they've built in their homes without making monthly payments. Instead, the loan is repaid when they no longer live in the home. Seniors still need to pay for insurance, property taxes, and maintenance, but the money they get from the loan is usually tax-free.

To get a reverse mortgage, homeowners must be at least 62 years old and have equity in their homes. This loan turns part of the home’s value into cash. The money can be received as a line of credit, monthly payments, a lump sum, or a mix of these options. The amount of money you can get depends on your home's value, your age, and rules set by the Federal Housing Administration (FHA).

There are two ways to benefits from a reverse mortgage loan:


Through years of you making payments to a mortgage loan, this gains equity not only because the loan was getting paid, but also because the properties gain more value. A Reverse Mortgage Loans allows you to access that equity, you can get a credit line, receive a monthly payout or you can get one check with all the money full amount of the equity.


Thinking in retiring and moving to Florida? Well good news, if you invest about $300,000 from your pocket, you can get a $600,000 home, and no monthly payments!

To qualify for a reverse mortgage:

  • You must be at least 62 years old.

  • Your home must be your primary residence.

  • You must have paid off some, or all, of your traditional mortgage.


We help people improve their lives by providing Reverse Mortgages for homeowners or home buyers older than 62 years.

  • You retain ownership of your home and title.

  • You do not need to make any monthly payments for as long as at least one borrower continues to live in the home.

  • You only pay for taxes, insurance and HOA (if any).

  • The money you receive is tax free and can be used for any purpose.

  • You need to show you have enough income just to cover the taxes, insurance, and HOA (if applies).


You can Eliminate your monthly mortgage payment.


You owe less than 50% on your home? then you can Eliminate your monthly mortgage payment.

If your mortgage is paid off or have a small balance? You can get monthly payments.


Put down $300,000 and Get a $600,0000 Home
No mortgage payments, you only pay for taxes, insurance and HOA (if any).

See what You Qualify For

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Work with an Expert Mortgage Consultant

22 Years Experienced as Loan Originator, 3 years as underwriting , 2 years as appraiser.

At Generation Mortgage Associates LLC , we partner with over 50 top lenders nationwide to find the best mortgage loan tailored to your specific needs. Regardless of your financial situation, credit history or income, we can secure a mortgage for you.

Our agents possess extensive expertise in the real estate market, staying ahead of trends and understanding property values. This enables them to offer you tailored, insightful guidance specific to your needs and goals.

Whether you prefer face-to-face meetings or virtual consultations, we are accessible and ready to assist. Trust us for a smooth and stress-free financing journey.

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Company NMLS#: 224585

1155 Pasadena Ave S - Suite H - South Pasadena, FL 33707

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