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The Mortgage Mike Team is your premier reverse mortgage loan team located in West Palm Beach, Florida. The experienced team members here are committed to quality customer service and putting the needs of the people it serves first. Mortgage Mike will always adhere to the highest degree of integrity in all business dealings.

When it comes to reverse mortgage loans, education is the key. Mortgage Mike's pledge to you, is to complete the education process, so you are able to make an informed decision. Mortgage Mike always encourages prospective clients to invite family members to be a part of the discussion during the education process.

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FREE ASSESSMENT

This FREE calculator has been designed to help take the guess work out of your reverse mortgage loan research. It's quick and it's easy. Find out if a reverse mortgage loan is right for you today!

LET'S CONNECT

Give us a call or simply fill out any of the forms on our website and one of our experienced mortgage lenders will be in touch right away!

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SCENARIO EXAMPLES

Reverse mortgage loans can help you achieve any number of goals that you may have. Check out some examples of how people have benefited from or changed their lives with a reverse mortgage loan from Mortgage Mike.

SCENARIO EXAMPLES

See some real world examples of how people have used a reverse mortgage to solve a problem.

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COMMON QUESTIONS

What is a reverse mortgage loan? How can I qualify for a reverse mortgage loan? You've got questions, we get it. The Mortgage Mike team is here to answer them all and guide and protect you throughout the process.

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Get real, honest answers to your questions and more here. If you have a question we haven't answered, feel free to ask! Our experienced Reverse Mortgage experts are ready to help.

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What is a Reverse Mortgage Loan?

Home loans for seniors
A reverse mortgage loan is a loan available to seniors over the age of 62 which allows them to convert equity in their home into cash.

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You keep your home

You remain the owner of your home, as long as you comply with the the loan terms and pay your property taxes and homeowner’s insurance.

No monthly payments

One of the best things about a reverse mortgage loan is that payments are made to YOU, for as long as you live in your home. A reverse mortgage loan pays you. You repay the loan when you sell your home.

You're OK if the market drops

The Federal Government insures the reverse mortgage loan. If your home loses value and the loan is more than the home value, the government will pay the difference when you sell your home

Choose your payment method(s)

You can choose from many disbursement options. You can be paid in full or partially, get a line of credit, receive monthly payments, or you can pick a combination of these options.

Qualification is much easier

Even senior borrowers with limited income can easily qualify since there are no monthly payments to be made.

The loan is TAX FREE

Technically, reverse mortgage loans are considered an advance, and loan advances are not taxable.

What are you waiting for? Getting started is easy. We offer very competitive rates, have great service, and always close on time.

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Explore our services

The mission here is to set the highest standard in the Reverse Mortgage Loan industry. Mortgage Mike is committed to compassionate, quality customer service and putting the needs of clients first. We will always adhere to the highest degree of integrity in all business dealings. From Jacksonville to Lakeland, Tampa to the Treasure Coast, or anywhere in Florida, we are here to serve you.

Mortgage Mike servicing all your reverse mortgage loan needs along the Treasure Coast, Martin and Palm Beach County and all of Florida! Stuart, Jensen Beach, Port St. Lucie, Palm Beach County and more!

Reverse Mortgage Loan
Traditional Mortgage