✓ No FHA Approval Required
✓ Line of Credit Never Expires
✓ Available at Age 55
✓ Loans Up to $4 Million
Serving Cape Coral 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.
Call (727) 244-7076 to Find Out What You Qualify ForNo obligation · No paperwork to get started · We take our time with you
Cape Coral is one of the fastest growing retirement communities in Southwest Florida. Homeowners and condo owners throughout Cape Coral and Lee County have built significant equity over the years. Many Cape Coral residents who ask about a reverse mortgage are told they do not meet the requirements of the government HECM program. The FHA program requires age 62 and for condos requires the entire condo community to be certified on a federal list. Many Cape Coral communities are not on this list. Our proprietary reverse mortgage does not require FHA condo approval. We evaluate each Cape Coral property individually. Available at age 55. No upfront mortgage insurance required.
"I called three different companies about a reverse mortgage and they all said no because of my age or my condo. Then I found Sunshine State Home Loans."
Here is what most lenders do not explain when they say no:
That is simply not true. There is another option, and for many Cape Coral homeowners and condo owners, it turns out to be a better one than the government loan they were originally looking for.
Sunshine State Home Loans serves Cape Coral homeowners and condo owners throughout Lee County with proprietary reverse mortgages starting at age 55.
We serve Cape Coral residents including communities in Cape Harbour, Tarpon Point, Pelican, Burnt Store, and throughout greater Cape Coral, Fort Myers, and the surrounding Lee County 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 are not minor differences. For Cape Coral homeowners and condo owners, these five advantages change the entire picture.
We serve homeowners throughout Cape Coral, Fort Myers, Lehigh Acres, Estero, Bonita Springs, and surrounding Lee County communities. Whether you own a single family home, waterfront property, or condo community, you may be eligible for our proprietary reverse mortgage. Subject to property and borrower approval.
Cape Coral condo communities do not need FHA approval for our proprietary reverse mortgage. We evaluate each property individually subject to underwriting approval. Many Cape Coral condo owners who were turned away by other programs may qualify with us.
Our proprietary reverse mortgage is available starting at age 55. Seven years earlier than the government FHA program minimum age of 62. If you are between 55 and 61, you do not have to wait to explore your options.
Our proprietary reverse mortgage offers loan amounts up to $4 million for eligible Cape Coral and Lee County properties. Cape Coral waterfront homes and gulf access properties often have values that exceed government loan limits. Subject to property and borrower approval.
The FHA program charges upfront mortgage insurance of 2 percent of your home value at closing. Our proprietary loan does not have this charge. On a $400,000 Cape Coral home that saves you $8,000 at closing.
Real reviews from Florida homeowners we have helped.
Do you serve Cape Coral Florida?
Yes. We serve homeowners and condo owners throughout Cape Coral, Fort Myers, and Lee County. Contact us to find out if your property may qualify for our proprietary reverse mortgage subject to underwriting approval.
My Cape Coral condo is not FHA approved. Can I still qualify?
You may qualify for our proprietary reverse mortgage even if your Cape Coral condo community is not on the FHA approved list. We evaluate each property individually subject to underwriting approval.
What is the minimum age for your reverse mortgage?
Our proprietary reverse mortgage is available starting at age 55. The government FHA program requires age 62. If you are between 55 and 61 you may still be eligible for our proprietary product.
I own a waterfront home in Cape Coral. Do you serve high value properties?
Yes. Our proprietary reverse mortgage offers loan amounts up to $4 million. Many Cape Coral waterfront and gulf access properties have values well above government loan limits. 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 within one business day. No paperwork and no obligation.
There is no paperwork required to speak with us. No credit check. 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 Cape Coral and all of Lee County
Fill out the short form below and we will prepare your free reverse mortgage loan comparison and reach out within one business day. No paperwork. No commitment. No obligation of any kind.
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.
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.