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Michael Richardson

Reverse Mortgage Loan Originator

NMLS# 216873

386-895-1564

1452 N US 1 Hwy, Suite 110, Ormond Beach, FL 32174

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About Me

Michael S. Richardson is a Reverse Mortgage Specialist with Mutual of Omaha Mortgage and founder of Retire Better Florida. With more than 35 years of mortgage industry experience, he helps Florida homeowners and people considering a move to Florida understand their reverse mortgage options.

Michael works with eligible homeowners age 55 and older, subject to product and state requirements. He helps clients explore how a reverse mortgage may fit into their retirement plans, whether they are considering ways to supplement cash flow, access a portion of their home equity, age in place or purchase a new home in Florida.

Guided by his philosophy, “Education First. No Pressure.”, Michael focuses on providing clear information and personalized guidance so clients can better understand their options and make informed decisions.

He also values relationships with real estate professionals, financial advisors, CPAs, estate planning attorneys and other professionals who serve retirees and older adults.

After more than three decades in the mortgage industry, Michael finds the greatest satisfaction in helping people understand their options and plan confidently for the next chapter of life — and ultimately, Retire Better Florida.

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Common Examples of What a HECM Can Help You Do

  • Purchase a new home to fit your lifestyle needs
  • Reduce monthly expenses by paying off existing mortgage
  • Enhance your cash flow
  • Create an emergency fund
  • Fund for home repairs or upgrades
  • Fund the expense for caregivers, live-in nurses, or other in-home care
  • Protect your retirement portfolio
  • Reduce monthly expenses by paying debt
  • Incorporate housing wealth into your retirement plan
  • Increase cash to help ensure monthly bills are paid
  • Reduce the burden of out-of-pocket healthcare costs
  • Have the cash for a large expense, such as a vacation or vehicle
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