Business Details
14 Years
experience
Trusted Mortgage Brokers in Miami | PS Mortgage Lending
At PS Mortgage Lending, we pride ourselves on being a boutique mortgage company headquartered in Miami, Florida, dedicated to providing tailored mortgage solutions for over a decade. Founded in 2012 by Phil Stevenson, a veteran of the U.S. military and Certified Reverse Mortgage Professional, our team combines deep industry expertise with a commitment to ethical standards and personalized service. We specialize in reverse mortgages, VA loans, and non-qualified mortgage programs, serving clients across Florida and Texas with face-to-face support. Recognized as the #1 Reverse Mortgage Broker in Florida from 2015 - 2017, we prioritize transparency, client education, and innovative problem-solving to meet diverse financial needs. Our veteran-owned business extends discounts to fellow service members, reflecting our dedication to community and service.With a focus on both automated underwriting systems and niche programs like bank statement mortgages, we cater to self-employed borrowers and those with unique financial profiles. Our teams extensive experience in mortgage processing, origination, and ethical compliance ensures clients receive competitive rates and comprehensive guidance. We maintain strong relationships with jumbo lenders and commercial banks to secure optimal terms for every client. By blending technological efficiency with personalized communication, we streamline the mortgage process, offering 24/7 responsiveness and stress-free closings. Our reputation, built on hundreds of successful transactions and client testimonials, underscores our commitment to excellence in every mortgage solution we provide.
Services
Reverse Mortgages
VA Loans
Bank Statement Mortgages
Jumbo Loans
Commercial Mortgages
USDA Loans
Conventional & FHA Loans
Non-Qualified Mortgages
Renovation Mortgages
Foreign National Mortgages
Details
- Year established: 2012
Highlights and features
- We offer 13+ years of mortgage expertise with a focus on ethical lending practices.
- Our team includes a Certified Reverse Mortgage Professional on the NRMLA Ethics Committee.
- We provide personalized solutions for complex cases, including self-employed borrowers and veterans.
- Recognized as Floridas #1 Reverse Mortgage Broker (20152017) by Reverse Mortgage Insights.
- We combine veteran discounts with 24/7 client support for a truly client-centric experience.
Associations and certifications
- National Reverse Mortgage Lenders Association (NRMLA)
- Certified Reverse Mortgage Professional (CRMP)
What people say
Excellent mortgage and interest rate
Highly responsive to questions
Closed on time with good rates
Knowledgeable and professional team
Stress-free process
Services
Reverse Mortgages
Reverse mortgages allow homeowners aged 62+ to convert home equity into cash, with no monthly payments required. Proceeds can be taken as lump sums, monthly payments, or lines of credit. Borrowers must maintain property taxes, insurance, and residency. The loan becomes due upon sale, relocation, or death, with heirs retaining any remaining equity.
VA Loans
VA loans offer 100% financing for veterans, active-duty members, and eligible spouses, with no down payment or private mortgage insurance. These loans feature competitive rates, flexible credit requirements, and potential closing cost assistance. They are guaranteed by the U.S. Department of Veterans Affairs, ensuring favorable terms for qualified borrowers.
Bank Statement Mortgages
Bank statement mortgages cater to self-employed borrowers who underreport income on tax returns. Qualification uses bank deposits and profit-and-loss statements instead of traditional W-2s. These non-qualified mortgages are ideal for entrepreneurs, real estate investors, and those with variable income streams.
Jumbo Loans
Jumbo loans exceed conforming loan limits ($647,200 in 2022) and are tailored for luxury properties or high-cost areas. They require strong credit scores, low debt-to-income ratios, and larger down payments. We negotiate competitive rates with top lenders to ensure favorable terms for premium real estate financing.
Commercial Mortgages
Commercial mortgages finance properties used for business purposes, including multi-family buildings, office spaces, and retail centers. We connect clients with lenders offering terms aligned with investment goals, whether for acquisition, refinancing, or development projects.
People
Phil Stevenson
Owner & Principal
Phil Stevenson, a Certified Reverse Mortgage Professional and veteran of Afghanistan/Iraq, founded PS Mortgage Lending in 2012. With a degree in International Relations from Florida International University, he leverages 13+ years of mortgage expertise to lead a team focused on ethical lending and client education.
Questions
What is a reverse mortgage?
A reverse mortgage allows homeowners 62+ to convert equity into cash without monthly payments. Funds can be received as lump sums, monthly payments, or lines of credit.
Are VA loans only for first-time homebuyers?
No. VA loans are available to veterans, active-duty members, and eligible spouses for primary residences, including second homes with proper entitlement.
Can self-employed borrowers qualify for mortgages?
Yes. Bank statement mortgages use business deposits instead of tax returns, ideal for self-employed individuals with underreported income.
What areas do you serve?
We operate throughout Florida and Texas, with agents available for face-to-face meetings in major cities across both states.
Do you offer jumbo loans?
Yes. We provide jumbo loans for high-value properties, with competitive rates and terms tailored to luxury real estate financing needs.
Is PS Mortgage Lending veteran-owned?
Yes. Founded by U.S. military veteran Phil Stevenson, we offer discounts and specialized support for fellow service members and veterans.
