A one-time Florida tax due at closing. In 2026, the rate is 2 mills (or $2 per $1,000) of the principal limit available to the borrower. Because we are local experts, we ensure these Florida-specific costs are accurately calculated in your quote.
x
At Florida’s Best Reverse Mortgage Company, we specialize exclusively in Home Equity Conversion Mortgage (HECM) and proprietary reverse mortgage solutions. Unlike a general mortgage broker, we are dedicated 100% to the reverse mortgage niche.