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Get a Personalized Quote from one of Florida's Best Reverse Mortgage Specialists!

TESTIMONIALS

What Our Clients Say About Us

"Working with Kraig was a great decision. He made the process as easy and smooth as it possibly could. He answered any questions we had at any time of the day. We won't hesitate to work with him and Equity Solutions again in the future! Thank you Kraig. We appreciate you!."

- Kevin's Circle

"I have worked with various lenders as a real estate agent and when it came to refinance my home, I looked for the best rate and customer service and Kraig Strum provided all of that. He was able to compete with all the rates that were offered to me and offer even better."

- Lizbeth Huaman

"We refinanced our home with Kraig Strum and he could not have made the process easier for us. From start to finish, he had fantastic communication about every step. He gave us multiple options that would be best for our Situation, and the document upload process was very easy to use."

- Kelly McClure

"'The process of obtaining a reverse mortgage can be lengthy and complicated. Our loan officer Jeff Umperovitch not only was a terrific person personally to work with but smoothed every step of the way for us. We highly recommend him."

- Linda Nathan

''Equity Solutions provided outstanding service and expertise throughout the entire process. Their team was knowledgeable, patient, and always available to answer our questions. We felt supported and well-informed every step of the way. Highly recommend their services to anyone considering a reverse mortgage!"

- Sarah Mitchell

TESTIMONIALS

What Our Clients Say About Us

"Working with Kraig was a great decision. He made the process as easy and smooth as it possibly could. He answered any questions we had at any time of the day. We won't hesitate to work with him and Equity Solutions again in the future! Thank you Kraig. We appreciate you!."

- Kevin's Circle

"I have worked with various lenders as a real estate agent and when it came to refinance my home, I looked for the best rate and customer service and Kraig Strum provided all of that. He was able to compete with all the rates that were offered to me and offer even better."

- Lizbeth Huaman

"We refinanced our home with Kraig Strum and he could not have made the process easier for us. From start to finish, he had fantastic communication about every step. He gave us multiple options that would be best for our Situation, and the document upload process was very easy to use."

- Kelly McClure

"'The process of obtaining a reverse mortgage can be lengthy and complicated. Our loan officer Jeff Umperovitch not only was a terrific person personally to work with but smoothed every step of the way for us. We highly recommend him."

- Linda Nathan

''Equity Solutions provided outstanding service and expertise throughout the entire process. Their team was knowledgeable, patient, and always available to answer our questions. We felt supported and well-informed every step of the way. Highly recommend their services to anyone considering a reverse mortgage!"

- Sarah Mitchell

WHAT IS A REVERSE MORTGAGE?

How The Reverse Mortgage Works

A reverse mortgage is a loan secured by your home. It must be your primary residence (that means that you, as the borrower, must live in the home for as long as you have the loan).
This type of loan allows borrowers to access a portion of their tax-free equity without making monthly mortgage payments. No payment is required until the last surviving homeowner moves, dies, or sells the home.

The borrower maintains the home’s title and is responsible for property taxes and homeowner’s insurance payments. The amount borrowers receive is determined by the HUD calculations based on the age of the borrowers (most specifically, the age of the youngest borrowing or non-borrowing spouse), the value of the home or the HUD lending limit, whichever is less and the interest rates in effect at the time.

Borrowers never have to make a monthly payment on reverse mortgage loans. There is never a prepayment penalty, so they can make any payment they wish, including repaying the loan at any time.

WHAT IS A REVERSE MORTGAGE?

How The Reverse Mortgage Works

A reverse mortgage is a loan secured by your home. It must be your primary residence (that means that you, as the borrower, must live in the home for as long as you have the loan).
This type of loan allows borrowers to access a portion of their tax-free equity without making monthly mortgage payments. No payment is required until the last surviving homeowner moves, dies, or sells the home.

The borrower maintains the home’s title and is responsible for property taxes and homeowner’s insurance payments. The amount borrowers receive is determined by the HUD calculations based on the age of the borrowers (most specifically, the age of the youngest borrowing or
non-borrowing spouse), the value of the home or the HUD lending limit, whichever is less and the interest rates in effect at the time.

Borrowers never have to make a monthly payment on reverse mortgage loans. There is never a prepayment penalty, so they can make any payment they wish, including repaying the loan at any time.

About Me

Andrew Velin

Reverse Mortgage Advisor of Equity Solution NW

Reverse Mortgage Advisor at Equity Solutions NW. Extensive experience helping clients unlock home equity to improve their financial flexibility during retirement. Andrew is dedicated to providing transparent, professional advice tailored to each client's unique financial situation. His expertise ensures that clients fully understand both the benefits and potential downsides of reverse mortgages!”

About Me

Andrew Velin

Reverse Mortgage Advisor of Equity Solution NW

Reverse Mortgage Advisor at Equity Solutions NW. Extensive experience helping clients unlock home equity to improve their financial flexibility during retirement. Andrew is dedicated to providing transparent, professional advice tailored to each client's unique financial situation. His expertise ensures that clients fully understand both the benefits and potential downsides of reverse mortgages!”

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Ideal Lending LLC, NMLS 2471779 is not affiliated with or acting on behalf of or at the direction of the Federal Housing Administration (FHA) or any government agency or government-sponsored entity and this offer is not being made by an agency of the government. Ideal Lending LLC is a Licensed Mortgage Lender Servicer, FL MLD2414; Ideal Lending LLC only lends in CO, CT, FL, GA, TN, TX. Refer to www.nmlsconsumeraccess.org and input NMLS 2471779 to see where Ideal Lending LLC is licensed. Equal Opportunity Employer; Equal Opportunity Lender | This is not an offer for extension of credit or commitment to lend. All loans must satisfy underwriting guidelines. Not all applicants qualify. Information and pricing are subject to change at any time and without notice. Certain restrictions may apply.