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Florida Continues to Lead in HECM Style Loans florida fha reverse mortgage lenders for seniors If you are a Florida homeowner age 62 or older and have paid off your mortgage or paid down a considerable amount, and are currently living in the Florida home, you may participate in FHA’s Home Equity Conversion Mortgage (HECM) program.
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In 2012, jumbo loans accounted for just 12% of all mortgage approvals at. the McLean, Va. fair-lending software company that obtained the data.. PNC Financial Services Group Inc. PNC 1.81% and SunTrust Banks Inc. STI.
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