Shop for the best Reverse Mortgage options in Jacksonville, Florida.
Meet George Vrban
George Vrban
Certified Reverse Mortgage Planner
NMLS #228734
Look for the best reverse mortgage deals in Jacksonville, Florida
George Vrban has been in the insurance and mortgage industries since 1992. He began working with Reverse Mortgage clients in 2006. With over 30 years of combined insurance and mortgage experience, and hundreds of loans successfully closed, George is confident that he is able to guide clients in making educated and informed decisions regarding their financial future. George’s heart for helping others, and his honest approach, have enabled him to be noteworthy in this industry.
George is an active member of the FLFPA (Florida Financial Planning Association), AFEA (American Financial Education Alliance) and NAIFA (National Association of Insurance and Financial Advisors).
George is heavily involved in fundraising events that assist children in achieving their goals through school sports. Born in Ohio, George moved to Orlando in 1976, and currently resides in St. Augustine, Florida with his wife of over 30 years, Michele. George graduated from the University of Central Florida with a Finance degree. Their oldest son, Kyle, graduated from George’s alma mater and works for “Orlando City,” the professional MLS Soccer Club. Their youngest son, Zachary, graduated from Florida Gulf Coast University and works as a recruiter. When George has free time, he can be found on the soccer field or the golf course, enjoying the Florida sunshine!
George is currently licensed in 19 states.
What is a reverse mortgage?
A reverse mortgage is a five-star product that gives retirees who are asset rich but cash poor the chance to have their cake and eat it too!
It is open to anyone 62 years or older, with approved applicants able to tap into the equity they have in their homes, allowing them to stay put rather than have to consider selling and downsizing.
Effectively, you are sending your home to go to work for you, while you watch mortgage payments reverse in direction from the bank back into your account.
It is the one of the savviest moves for retirees who are running short of liquidity but don’t want to have to leave their family home.
Homeowners can be paid funds in several different ways including a lump sum, monthly instalments or a line of credit.
The real wonder of a reverse mortgage loan is that 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.
Housing prices are booming across the country and Jacksonville is enjoying one of the biggest bumps with prices up more than 29 percent in the last 12 months to an average of $288,061. (https://www.zillow.com/jacksonville-fl/home-values/)
Some 1174 Jacksonville retirees already have a reverse mortgage with 48 of them acquiring one in the last 12 months.
About Jacksonville, Florida
Jacksonville is named after Andrew Jackson, the seventh President of the United States and the first military governor of the Florida Territory.
The city was founded in 1822 and was a key supply point during the American Civil War to feed Confederate forces.
By the start of the 20th century, Jacksonville and nearby St Augustine had become popular winter tourist havens.
But the Great Fire of 1901 wiped out much of the city, becoming the third worst urban fire in US history.
Jacksonville rebuilt and became a major silent film hub in the 1910s earning it the title of the “Winter Film Capital of the World”.
It remains a popular film destination to this day as well as spawning well-known musical acts including Lynyrd Skynyrd and Limp Bizkit.
While the NFL’s Jacksonville Jaguars ensure the city has a presence on the national stage worthy of the 12th most populous city in the country.
Contact your Jacksonville reverse mortgage lender today
George and his team at Movement Mortgage will consider it an honor to provide you with all the information you need to make an educated decision on whether an HECM loan benefits your needs.
Please call them today at (904) 299-8845.
Please provide your info below to request your no-obligation reverse mortgage quote.
