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Reverse Mortgage Specialists in Gardendale, AL

Directory of reverse mortgage specialists in Gardendale, Alabama. Verify credentials with the state mortgage licensing authority before hiring.

4 agents listed
Updated May 2026
Gardendale, AL
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the Alabama before hiring.
Showing 4 reverse mortgage specialists in Gardendale, AL Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
World Finance
439 Fieldstown Rd #121, Gardendale, AL 35071
2056083770
OneMain Financial
1082 Main St Ste 101 & 103, Gardendale, AL 35071
2056315214
Regional Finance
841 Odum Rd Suite 105, Gardendale, AL 35071
2056080676
The Hutson Company
1244 Main St, Gardendale, AL 35071
2056316562

A reverse mortgage specialist in Gardendale, Alabama helps homeowners aged 62 and older convert home equity into cash without monthly payments. Alabama law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Local specialists guide clients through the process, including understanding loan terms and Alabama property tax implications.

What Does a Reverse Mortgage Specialist in Gardendale Cost?

Typical costs for a reverse mortgage in Alabama include an origination fee (up to 2 percent of the home value, capped at 6000 dollars), mortgage insurance premiums (2 percent upfront plus 0.5 percent annually), and third-party fees like appraisal (400 to 600 dollars) and title search. Costs vary by loan amount and lender. This is general information, not mortgage or financial advice.

* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.

Frequently Asked Questions

What are the age requirements for a reverse mortgage in Gardendale Alabama?
Borrowers must be at least 62 years old. The youngest spouse on the title must meet this age requirement for a Home Equity Conversion Mortgage in Alabama.
Do I need counseling before getting a reverse mortgage in Alabama?
Yes, Alabama law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session explains loan costs, alternatives, and obligations.