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Our Reviews:

MJS Financial LLC
5.0
Based on 35 reviews
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Tomer Alcalay
Tomer Alcalay
18:12 12 Jan 22
Knowledgeable, proactive and very responsive. It was a pleasure working with Ben to get the loan closed.
Ely Amos
Ely Amos
04:01 10 Nov 21
I couldn't have found better mortgage brokers to work with than Martin and Ben. They walked me through every step of... the mortgage process with great professionalism and knowledge. I was completely new to the process so I was really appreciative of their responsiveness to my emails and phone calls as well as prompt and thorough replies to all of my questions. They are a terrific team that skillfully navigated me through a long and sometimes complicated process. Would recommend their services in a heartbeat.read more
Avi Raden
Avi Raden
13:08 09 Aug 21
Made the process as smooth and efficient as possible. Very responsive and accessible throughout, which was greatly... appreciated. Excellent service.read more
Michael Roth
Michael Roth
21:35 21 Jul 21
Very knowledgeable and helpful and a pleasure to work with!MJS Martin and Ben went way above and beyond the call of... duty! They were helpful in getting us the mortgage and held our hand throughout the whole process! He offered us many options and helped get insurance and also was helpful when it was time to close. They were always just a phone call away. Highly recommended!!!read more
Dave Monroe
Dave Monroe
03:30 21 Jul 21
Martin & Benjamin have years of experience in the Boca market and helped to make my home purchase very simple and easy.... I would definitely recommend anyone looking for competitive rates and great customer service to work with them. David Monroeread more
Zev Herman
Zev Herman
15:16 09 Jul 21
Outstanding loan team. I have done numerous loans with them and each time they have provided excellent service,... excellent communication and excellent rates. I highly recommend them.read more
Howard Chait
Howard Chait
15:21 11 Jun 21
Martin Schandelson and his son Ben were a pleasure to work with , always available and responsive to any questions ... even after hours.I would highly recommend them for their professionalism and service to get the job done right.Howard Chaitread more
Hyam Singer
Hyam Singer
14:02 04 Jun 21
Martin and Ben were an absolute pleasure to work with and they made buying in the current seller's market much less... stressful than it would have been otherwise. Their professionalism, responsiveness, flexibility, and expertise were greatly appreciated and tremendously helpful. I can't recommend them highly enough. Thank you Martin and Ben!!!!read more
Robert Versalie
Robert Versalie
14:37 23 Apr 21
I found MJS an excellent group to work with because of there ability to explain all facets of the loan very clearly,... and they gave excellent and prompt service in all details needed to successfully complete the loan in quick order.read more
Eli Jacobs
Eli Jacobs
20:55 09 Apr 21
Martin and Ben were fantastic to work with. Being first time home buyers and new to the process, they helped us... navigate the territory and become more knowledgeable about the entire application/ loan process. The rates we received were very competitive and the process was smooth as can be.I would highly recommend anyone who is a first time home buyer or a refinancer to give this fine team a call.read more
Leah Teller
Leah Teller
15:37 02 Mar 21
Martin is a professional with a warm and friendly demeanor. He went above and beyond just getting our loan for our new... home. The whole process went quickly and efficiently. We are so pleased with his agency and highly recommend him.read more
Eddie Werlin
Eddie Werlin
02:54 19 Feb 21
I've done business several times with Martin and he is an honorable and honest businessman. My home's refi went thru... without any "glitches". I wholeheartedly recommend his services.read more
David Shifrin
David Shifrin
15:57 02 Feb 21
I had a very positive experience with MJS Financial. Courteous as well as professional, and efficient with regard to... gathering and organizing the appropriate information. Would recommend them highly.read more
Avi Wealcatch
Avi Wealcatch
02:35 29 Jan 21
Martin is great to work with - very pleasant and thorough. He is kind and patient and will answer all your questions.... We used his services twice and would certainly recommend him to others.read more
Leah Richman
Leah Richman
15:32 14 Jan 21
My refinance loan closed quickly and easily. It was a completely different experience from the last time I remember... refinancing when it took months and months. This was done in a matter of weeks! They were very easy to work with and responsive and got me a competitive rate.read more
Eli Rothschild
Eli Rothschild
16:40 03 Jan 21
Martin and his team are professional, responsible, patient and exceeded our expectations. His guidance throughout the... entire process ensured we had the best possible customer experience. We’ve worked with him across multiple transactions and recommend his firm as a trusted partner in the mortgage process.read more
Steven Oppenheimer
Steven Oppenheimer
20:41 30 Dec 20
MJS Financial made the whole mortgage process easy. Very professional, on the ball, always available, always courteous... and nice. Highly recommended.read more
Shlomo Schwartz
Shlomo Schwartz
14:46 10 Dec 20
Martin and his team were incredibly helpful and professional. I was walked all the way through the process and he was... on top of everything. It was a pleasure to work with him and I would do it all over again.read more
Karen Steinberg
Karen Steinberg
21:55 07 Dec 20
Martin has been fantastic to work with!. He has worked hard to make sure my family get the best rates on our mortgage... and the process has been so smooth each time we work with him.read more
A L
A L
19:19 07 Dec 20
As a first-time homebuyer, I entered the process of getting a mortgage knowing very little about it. Not only did... Martin have the expertise to guide me through the process, he took the time to patiently explain to me how things work and answer all of my questions. When details came up that required changes in the loan application, Martin was right on top of it. I would definitely recommend Martin to my friends!read more
Daniel Aronovski
Daniel Aronovski
18:59 07 Dec 20
I worked with Martin on my first home buying experience. He was able to give me the best offer on the first call unlike... the other brokers I spoke to. He was upfront, very professional while being extremely personable. I also worked with him when I refinanced and the rate he got me was better than I expected and much better than the rate my neighbors were getting (they did not work with Martin). I recommend Martin any chance I get and will continue to do so. As my family grows and more space is required, Martin with among the first people I contact.read more
Bart Stall
Bart Stall
18:55 07 Dec 20
Excellent experience with Martin. I have done several home purchases and refinancing with him. Always attentive and... accurate. I HIGHLY recommend Martin.read more
Brandon Hovinga
Brandon Hovinga
21:30 20 Oct 20
Both Martin and Ben are phenomenal and always quick to respond! I admire Ben's work ethic and drive to continue the... growth of the company and I look forward to our continued partnership!read more
Aaron Hoffman
Aaron Hoffman
19:50 24 Sep 20
I have gotten many mortgages before, this was by far the best experience & lovely people to work with
David Weiss
David Weiss
19:05 24 Sep 20
Martin,Thank you for your help with refinancing. You got me a great low rate and the turn around time was super fast.... It was a pleasure dealing with you for my mortgage. Thanks! Davidread more
Douglas Cohen
Douglas Cohen
17:17 03 Aug 20
MJS Financial / Martin Schandelson will do a great job for you with either your new mortgage or your refi. He brings... his A game to every assignment. Every customer gets high quality, personal service. I highly recommend MJS.read more
Kyle Chamberlain
Kyle Chamberlain
15:58 03 Aug 20
Outstanding place to get a Mortgage. Ether Purchase Or Refi! These guys are extremely knowledgeable, understanding, and... caring.Have trust that they will take great care of you, reach out today and you'll know what I mean.read more
Avi Meth
Avi Meth
14:41 03 Aug 20
Martin is quick, efficient, and a pleasure to deal with.
Tod H
Tod H
18:22 22 Jul 20
Helped me get a great loan with great terms
Soloman Wolofsky
Soloman Wolofsky
18:09 22 Jul 20
Martin is amazing!! He helped me navigate the complexities of getting a mortgage. It was a painless process that was... handled in a professional and expedited manner. I would definitely would recommend Martin to anyone looking to purchase a home.read more
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Apply For Reverse Mortgage:

What Is Needed To Qualify For A Florida Reverse Mortgage

  • Borrowers Age– Must be at least 62 years old the older the age the more you can potentially qualify for.
  • Borrowers Credit Score– Higher score can help qualify for more.
  • Borrowers Income– Minimum income requirements for taxes and insurance.
  • Borrowers Assets– More assets can help qualify for more.
  • Estimated House Value-Home value is directly tied to the amount of the loan.
  • Current Loan Payoff (If applicable)- Current liens are subtracted from the qualifying loan amount.
  • Borrowers Monthly Expenses- Used to help qualify borrowers.
florida reverse mortgage comp

Florida Reverse Mortgage Pros And Cons

Florida Reverse Mortgage Pros
  • More Cash Flow

  • Pay-Off Current Mortgage

  • Florida and Boca Raton Home Values Going Up Letting You Take More Out
  • Stay in Your Current House Long Term

  • Don’t Need To Pay Taxes On The Income

  • Line Of Credit Can Grow With The Value Of The House

Florida Reverse Mortgage Cons
  • Closing Costs

  • Still Required To Pay Annual Home Taxes And Insurance

  • Hiers Must Either Pay Back The Loan Or Sell The House And Keep The Difference

  • Lender Specific Rules Regarding Amount That Can Be Withdrawn In Certain Time Window

About Florida Reverse Mortgage Boca Raton:

florida reverse mortgageAt MJS Financial LLC we want to make sure borrowers fully understand the loan and its features before committing to a deal. A Florida reverse mortgage is a loan that enables homeowners that are 62 years of age or older to use the equity they have belt up for years in their homes to obtain cash and/or cash flow that can be used at the homeowner’s discretion.

We are licensed throughout the entire state of Florida and are happy to assist you with your reverse mortgage needs. Our office is located in Boca Raton a beautiful part of South Florida.

As the name reverse mortgage suggests the mortgage operates opposite to traditional mortgages. Whereas in a traditional mortgage you would be paying the lender each month thus gaining equity in the home. In a Florida reverse mortgage, the lender pays depending on the payment schedule for equity in the home.

The majority of Florida reverse mortgages operate like a line of credits on the house letting you tap into the capital as you need rather than monthly payments.

A Florida reverse mortgage does not have to be repaid until the last surviving borrower or remaining eligible non-borrowing spouse passes away or sells the home.

Failure to meet the specific Florida reverse mortgage loan obligations, which can include but are not limited to: paying property taxes and insurance, keeping the home maintained, etc.. can result in the lender calling for the payback of the entire loan. 

Almost all Florida reverse mortgage loans being originated today are federally insured by the Home Equity Conversion Mortgages (HECMs), other reverse mortgage loans are offered by private lenders and can be state-specific. To learn more about reverse mortgages click here and here.

Boca Raton Home Values Are Increasing In Value On the Daily! Letting You Get More Out From Your Homes Equity Using A Florida Reverse Mortgage In Boca Raton. Call Today!