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Compare Reverse Mortgage Specialists in Kenai, AK

Compare reverse mortgage specialists in Kenai. Review contact information and insurance categorys before you decide.

5 agents listed
Updated May 2026
Kenai, AK
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 Alaska before hiring.
Showing 5 reverse mortgage specialists in Kenai, AK Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
RE/MAX of the Peninsula
10767 Kenai Spur Hwy Suite A, Kenai, AK 99611
9072522743
Nuvision Credit Union
10096 Kenai Spur Hwy, Kenai, AK 99611
8004446327
Global Credit Union Home Loans | License #AK157293
230 Bidarka St #110, Kenai, AK 99611
8007373033
Edward Jones - Financial Advisor: Glenese Pettey
215 Fidalgo Ave Suite 101, Kenai, AK 99611
9076732277
Coldstream Wealth Management
215 Fidalgo Ave Suite 203, Kenai, AK 99611
9072152180

A reverse mortgage specialist in Kenai, Alaska helps homeowners aged 62 and older convert home equity into cash without selling their home. In Alaska, reverse mortgages are subject to federal HUD guidelines and state lien laws. Specialists in Kenai can guide you through the process, including mandatory counseling and loan repayment terms.

What Does a Reverse Mortgage Specialist in Kenai Cost?

Typical costs for a reverse mortgage specialist in Kenai, Alaska include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and appraisal fees of 400 to 800 dollars. Closing costs may add 1,000 to 3,000 dollars. These costs vary by lender and loan type. 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 is a reverse mortgage and how does it work in Kenai Alaska?
A reverse mortgage allows homeowners to borrow against home equity. In Kenai, you must be 62 or older and own your home outright or have a low mortgage balance. The loan is repaid when you sell the home, move out, or pass away.
Are there Alaska-specific rules for reverse mortgages?
Yes, Alaska follows federal HUD rules for Home Equity Conversion Mortgages. Alaska law does not impose additional state taxes on reverse mortgage proceeds. However, you must still pay property taxes and homeowners insurance.
What are the costs of a reverse mortgage in Kenai Alaska?
Costs include an origination fee, mortgage insurance premium, appraisal fee, and closing costs. In Alaska, typical total costs range from 2 to 5 percent of the home value. These costs can be financed into the loan.