Shop for the best Reverse Mortgage options in Jacksonville, Florida and the surrounding areas. As well as into Gulf Shores Alabama.
Meet Valerie Clymer & Robert "Bob" Pitts
Valerie and Bob
Reverse Mortgage Loan Officers
Valerie NMLS #221831 | Bob NMLS #86575
Valerie: (386) 405-2563 | Bob: (833) 767-7864
Look for the best reverse mortgage deals in Jacksonville, Florida
Valerie Clymer, Robert "Bob" Pitts, and their team at Success Mortgage are one of Jacksonville’s most respected teams when you need the very best information on reverse mortgages, from St Marys to St Augustine Beach and throughout Duval County.
Valerie and Bob have extensive experience in the mortgage business and are now dedicating their time to helping seniors throughout the Jacksonville area enjoy a more comfortable retirement.
They both take the time to listen to their clients’ needs, allowing them to evaluate their position and offer a course of action that will provide them with the best possible outcome.
They are is only too happy to work with family, friends and trusted advisors to help the seniors they consult feel confident about the decisions they make.
You’ll be drawn to their friendly and caring ways and can rest assured, they have your best interests at heart.
What is a reverse mortgage?
A reverse mortgage is a five-star product that gives retirees who are asset rich but cash poor the chance to have their cake and eat it too!
It is open to anyone 62 years or older, with approved applicants able to tap into the equity they have in their homes, allowing them to stay put rather than have to consider selling and downsizing.
Effectively, you are sending your home to go to work for you, while you watch mortgage payments reverse in direction from the bank back into your account.
It is the one of the savviest moves for retirees who are running short of liquidity but don’t want to have to leave their family home.
Homeowners can be paid funds in several different ways including a lump sum, monthly instalments or a line of credit.
The real wonder of a reverse mortgage loan is that as long as the terms of the loan are met, there is no need to repay it until either the homeowner sells the residence or the last surviving borrower passes away.
Housing prices are booming across the country and Jacksonville is enjoying one of the biggest bumps with prices up more than 29 percent in the last 12 months to an average of $288,061. (https://www.zillow.com/jacksonville-fl/home-values/)
Some 1174 Jacksonville retirees already have a reverse mortgage with 48 of them acquiring one in the last 12 months.
About Jacksonville, Florida
Jacksonville is named after Andrew Jackson, the seventh President of the United States and the first military governor of the Florida Territory.
The city was founded in 1822 and was a key supply point during the American Civil War to feed Confederate forces.
By the start of the 20th century, Jacksonville and nearby St Augustine had become popular winter tourist havens.
But the Great Fire of 1901 wiped out much of the city, becoming the third worst urban fire in US history.
Jacksonville rebuilt and became a major silent film hub in the 1910s earning it the title of the “Winter Film Capital of the World”.
It remains a popular film destination to this day as well as spawning well-known musical acts including Lynyrd Skynyrd and Limp Bizkit.
While the NFL’s Jacksonville Jaguars ensure the city has a presence on the national stage worthy of the 12th most populous city in the country.
Contact your Jacksonville reverse mortgage lender today
Valerie and Bob and their team at Success Mortgage will consider it an honor to provide you with all the information you need to make an educated decision on whether an HECM loan benefits your needs.
Please call them today on (833) 767-7864.
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