✓ No FHA Approval Required
✓ Open Line of Credit While You Meet Loan Terms
✓ Available at Age 55
✓ Loans Up to $4 Million
Serving Boca Raton homeowners and condo owners 55 and older with proprietary reverse mortgages. No FHA approval required. Available at age 55. No upfront mortgage insurance. Loan amounts up to $4 million.
See If You May Qualify Or Call (727) 244-7076No obligation · No paperwork to get started · We take our time with you
Fill out the short form below and we will prepare your free reverse mortgage loan comparison and reach out. No paperwork. No commitment. No obligation of any kind.
Your information stays private. We do not sell your personal information.
Please note: Borrowers are always responsible for the payment of property taxes, homeowners insurance, HOA dues, and any special assessments. Failure to meet these obligations may result in the loan becoming due and payable. This is not a commitment to lend. All loans are subject to credit and property approval.
Boca Raton is one of the most desirable retirement communities in South Florida. Homeowners and condo owners throughout Boca Raton and Palm Beach County have built substantial equity over the years.
Many Boca Raton condo owners who ask about a reverse mortgage are told their community is not on the FHA approved list. The government HECM program requires the entire condo association to be certified on a federal list. Many Boca Raton communities are not on this list.
Our proprietary reverse mortgage does not require FHA condo approval. We evaluate each Boca Raton property individually. Available at age 55. No upfront mortgage insurance required.
"I was told my Boca Raton condo did not qualify for a reverse mortgage because it was not FHA approved."
Here is what most lenders don't explain when they say no:
That is simply not true. There is another option, and for many Boca Raton condo owners, it turns out to be a better one than the government loan they were originally looking for.
Sunshine State Home Loans serves Boca Raton homeowners and condo owners throughout Palm Beach County with proprietary reverse mortgages starting at age 55.
We serve Boca Raton residents including communities in Boca West, Broken Sound, Woodfield, Mizner Park area, and throughout greater Boca Raton and Delray Beach area.
Available starting at age 55. No FHA condo community approval required. No upfront mortgage insurance premium. Loan amounts up to $4 million. Subject to property and borrower approval.
Here is how our proprietary reverse mortgage compares to a government loan:
If another lender told you no, we would like to have a different conversation.
These five advantages make a significant difference for Boca Raton property owners seeking a reverse mortgage solution. We understand the unique situations of Palm Beach County residents and have structured our program to serve them better than government options can.
We serve homeowners throughout Boca Raton, Delray Beach, Boynton Beach, and surrounding Palm Beach County communities. Subject to property and borrower approval. Whether you own in a prestigious condo community like Boca West or Broken Sound, a luxury high-rise, or a single-family home, we have experience with Boca Raton properties and understand the local real estate market. Our team knows Palm Beach County inside and out, which means faster approvals and better guidance for your specific situation.
Boca Raton condo communities do not have to hold FHA approval for our proprietary reverse mortgage. We evaluate each property individually subject to underwriting approval. This means if your Boca Raton condo was rejected by other lenders because it is not on the FHA list, you may still qualify with us. We do not care if your community has federal certification. We only care about your home value, your age, and whether you meet our borrower qualifications.
Our proprietary reverse mortgage is available starting at age 55. Seven years earlier than the government FHA program minimum age of 62. For Boca Raton residents planning retirement, this early access to home equity can make a meaningful difference. You may want to tap into your equity before age 62, whether for healthcare costs, home improvements, or creating additional financial flexibility. With us, you do not have to wait.
Our proprietary reverse mortgage offers loan amounts up to $4 million for eligible Boca Raton and Palm Beach County properties. Subject to property and borrower approval. Boca Raton includes many high-value homes and luxury condos where government HECM loans do not provide sufficient loan amounts. If you own a premium property and were told elsewhere that the loan would not be large enough to be valuable, our program changes that equation. We can serve properties with significantly higher values.
FHA reverse mortgages charge an upfront mortgage insurance premium of 2% of the home's value, up to the FHA limit, at closing. Our proprietary loan does not have this charge. On a $500,000 Boca Raton condo, that is a $10,000 savings at closing. On a $1 million property, it is $20,000 in savings. Those funds can be redirected toward your actual equity access or kept as savings. Lower closing costs mean more of your home equity actually reaches your pocket.
Real reviews from Florida homeowners we have helped.
Do you serve Boca Raton Florida?
Yes. We serve homeowners and condo owners throughout Boca Raton and Palm Beach County. Contact us to find out if your property may qualify for our proprietary reverse mortgage subject to underwriting approval.
My Boca Raton condo is not FHA approved. Can I still qualify?
You may qualify for our proprietary reverse mortgage even if your Boca Raton condo community is not on the FHA approved list. We evaluate each property individually subject to underwriting approval.
What is the minimum age?
Our proprietary reverse mortgage is available starting at age 55.
My Boca Raton property has a high value. Do I qualify?
Possibly yes. Our proprietary reverse mortgage offers loan amounts up to $4 million. Contact us to discuss your specific property.
How do I get started?
Fill out the short form on this page and we will prepare your free reverse mortgage loan comparison and reach out. No paperwork and no obligation.
There is no paperwork required to speak with us. No pressure of any kind. Just a conversation about your home, your situation, and your options, at your pace.
Sunshine State Home Loans · Licensed Florida Mortgage Broker · Serving Boca Raton and Palm Beach County
This website is for informational purposes only and does not constitute financial, legal, or tax advice. Reverse mortgage products are subject to eligibility requirements, terms, and conditions. All loans are subject to credit approval. This material is not a commitment to lend. Sunshine State Home Loans is licensed to offer mortgage products in the state of Florida. Results vary based on individual circumstances. For complete program details, please contact us directly at (727) 244-7076.