Your equity, without the monthly mortgage payment.
A reverse mortgage lets eligible homeowners convert part of their home equity into funds without taking on a monthly mortgage payment, while continuing to live in the home. CrossCountry runs a dedicated reverse division with HECM and proprietary options, including a purchase version for people buying their next home.
This is for you if…
- You are 55 or over and own your home
- You have substantial equity and limited monthly income
- You are buying a home in retirement and want to preserve savings
- You want the facts before deciding, not a sales pitch
Reverse Mortgages in Tampa Bay
HECM
The federally insured Home Equity Conversion Mortgage, the most widely used reverse program.
Proprietary programs
Non-government options that can suit properties or situations HECM does not.
HECM for Purchase
Buy your next home using a reverse mortgage rather than paying all cash or taking a traditional loan.
A straight conversation
These are not right for everyone. Part of my job is telling you when the answer is no.
Program availability and eligibility requirements vary and are subject to change. Nothing on this page is a commitment to lend or an offer of specific terms. Not all applicants qualify.
Related guides
Reverse (55+): common questions
Do I still own my home?
Yes. You keep title. You remain responsible for property taxes, homeowners insurance, and maintaining the property, and those obligations are a real part of the picture.
What happens to my heirs?
The loan becomes due when the last borrower permanently leaves the home. Heirs typically have options including selling the property or refinancing. This is worth walking through in detail with your family present.
Is there a minimum age?
Programs vary. HECM has its own federal requirement, and some proprietary programs start at 55. Which applies depends on the program and the property.
Are reverse mortgages a bad idea?
They are the right tool for some situations and the wrong one for others, and the honest answer depends entirely on your circumstances and plans. Counselling is a required part of the process for a reason. I will tell you plainly if I do not think it fits.
Other programs
Let’s find out where you actually stand.
One conversation, no cost, no pressure. I’ll tell you what’s possible and what isn’t, including when the honest answer is “not yet.”