David Levitt

Mortgage Expert
Driven to deliver an exceptional experience

David Levitt, CRMP

South Florida Branch Manager
Serving Seniors in Southern Florida

Phone: 954.981.6800
Toll Free: 800.576.1338
Cell: 954.232.5900

NMLS #293096

David Levitt established Circle Mortgage Corporation in his hometown of Hollywood, Florida in 1974.  Through his leadership and secondary marketing expertise Circle grew to one of the largest privately held mortgage banking firms in Florida. During the early years, he expanded the forward mortgage division and became a VA Automatic Lender, HUD approved Direct Endorsed Lender and a Fannie Mae Seller/Servicer with an averaged servicing portfolio in excess of $600,000,000.00.

In 1996 his attention turned to helping the elder community by offering the Reverse Mortgage Product.  The Reverse Mortgage Division was born and Circle Mortgage became one of the largest originators of the HECM product in Florida.

David was responsible for closing over 8,000 reverse mortgages and in 2006 began servicing reverse mortgages. He was one of the early members to join the National Reverse Mortgage Lending Association (NRMLA) in Washington DC. He was nominated to serve on the Board of directors and proudly served for more than five years. He continues to be an active member of NRMLA and believes strongly in the code of ethics by which the association created and abides.  Not only does Mr. Levitt hold a national CRMP designation but also served on the panel that created the questions for the national exam. He has hosted, been a panelist and spoken at many of the national NRMLA conferences.

In an effort to continually educate the public, he holds seminars throughout the state. He hosted an open forum live radio show every Saturday morning for more then fourteen years. David strongly believes in the necessity of one on one meetings, and still meets face to face with applicants. He is recognized as an industry expert, he has been interviewed, quoted and has contributed to articles and publications both locally and nationally.

To quote David, “This product is about quality of Life, Knowledge about this product is imperative”

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Reverse Mortgage

A Reverse Mortgage/Home Equity Conversion Mortgage (HECM) is the Federal Housing Administration’s (FHA) federally backed reverse mortgage program and the most popular method for seniors to withdraw some of the equity in your home. To be eligible you must be 62+, own your home, be able to pay ongoing property charges, taxes and insurance, and the home must be your primary residence.

H4P

Home Equity for Conversion Mortgage for Purchase.

An FHA HECM for purchase is when a senior, age 62 or older, can buy a new principal residence using the proceeds from a reverse mortgage loan. This program enables these homeowners to relocate or downsize to a home that better meets their physical needs.

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