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Orlando Reverse Mortgages

Shop for the best reverse mortgage deals in Orlando, Florida.

Meet Michelle Turchetta

Chuck Buroker Reverse Mortgages

Michelle Turchetta

Loan Officer

NMLS #2617806


(239) 537-9304

 

 

Secure the best reverse mortgage deals in Orlando, Florida.

Michelle Turchetta and Mortgage Financial Group Inc make one of Orlando’s most elite teams if you’re intrigued as to how a reverse mortgage might benefit you, from Apopka to Davenport and throughout Orange County.

Michelle has two decades of experience in the real estate and financial industries.

She is now working harder than ever to ensure Florida’s seniors are making their assets work for them in retirement.

Advocacy has been the common denominator across her career and being an educator is who she is; not just what she does. One aspect of both advocacy and education is dispelling common misconceptions. The reverse mortgage is very commonly misunderstood. Michelle has made it her mission to educate the community about this life-changing program that is designed specifically for seniors because she has seen people use this solution to create a life that they would not have been able to create without it. When you see her, ask her about it!

Orlando, Florida
Caption: Orlando, Florida. Credit: Wikimedia Commons.

As a mortgage loan originator, she listens to the specific needs of each customer and works with them to explore various options and find the best mortgage solution to meet their specific needs.

What is a reverse mortgage?

A reverse mortgage might be the best loan decision you ever make.

That’s because it has unrivaled power in transforming the lives of seniors for the better.

If you are a retiree who owns your own home but is struggling to make ends meet, this loan might be perfect for you!

It is available to anyone 62 years or older, with approved applicants able to tap into the equity they have in their home and steer those funds straight back into their pockets.

It really is a “reverse” mortgage.

Seniors can then enjoy all the spoils of financial freedom, starting with remaining in their family home as well as enjoying a more comfortable standard of living.

Homeowners can be paid in several different ways including a lump sum payment, monthly installments, a line of credit or even a combination of all three.

As long as the terms of the loan are met, there is no need to repay it until either the homeowner sells the residence or the last surviving borrower passes away.

The cost of housing has risen rapidly in recent years and while it has slowed a little, homeowners in Orlando have still enjoyed an 11.3 percent jump in the 12 months, taking homes to an average price of $357,876*. (https://www.zillow.com/home-values/13121/orlando-fl/)

Some 2,786 residents of Orlando already own a reverse mortgage with 205 of them coming on board in the last 12 months*.

About Orlando, Florida

Orlando’s origins go back as far as the Seminole Wars in 1838 when the U.S. Army built Fort Gatlin to protect settlers from Indian attacks.

That small community was known as Jernigan after the family that established the settlement.

While there is no official record as to how the city came to be renamed Orlando, one popular theory has it honoring an army sentry killed during the wars by the name of Orlando Reeves.

Orlando has more than 100 parks and lakes - Lake Eola alone is home to more than 50 swans.

Around 75 million visitors flock to Orlando every year, drawn to the theme parks as well as Kennedy Space Center which thrust the city to the very forefront of the space race.

The biggest sports team in town, Orlando Magic, was nearly known as the “Juice” in deference to the city’s citrus industry before a big freeze in the late 1800s pushed the crops further south.

Orlando has starred in some of Hollywood’s biggest films with My Girl, Parenthood, Lethal Weapon 3, D.A.R.Y.L and Passenger 57 all shot in the O-Town.

Contact your Orlando reverse mortgage lender today.

Michelle and here Mortgage Financial team are on call if you are looking to work with someone with experience and availability, seven days a week!

Please contact her at (239) 537-9304 for a no-obligation appraisal of your situation.

*As of March 2023

 

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