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 Arizona before hiring.
Showing 8 reverse mortgage specialists in Glendale, AZ
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Lund Mortgage Team
7170 W Camino San Xavier a104, Glendale, AZ 85308
6238759940
Sonoran Lending LLC
17505 N 79th Ave suite 305-c, Glendale, AZ 85308
8337666726
Waterstone Mortgage Corporation - Amy Battin
18001 N 79th Ave C64, Glendale, AZ 85308
6233262419
Ryan Walmsley - American Pacific Mortgage
7075 W Bell Rd Ste A-16, Glendale, AZ 85308
6233214147
Team Fischer- Fairway Independent Mortgage Corporation- Glendale, AZ Branch
20359 N 59th Ave #100, Glendale, AZ 85308
6232170303
Waterstone Mortgage Corporation
18001 N 79th Ave Suite C-62, Glendale, AZ 85308
6232337359
Mortgage Power, Inc.
6424 W Misty Willow Ln, Glendale, AZ 85310
6238889050
Robin Grivel | Fairway Independent Mortgage Corporation Loan Officer
20359 N 59th Ave #100, Glendale, AZ 85308
6026706771
What Does a Reverse Mortgage Specialist in Glendale Cost?
Typical costs for a reverse mortgage specialist in Arizona include an origination fee up to 2 percent of the home value capped at 6000 dollars. Third-party costs like appraisal title insurance and recording fees range from 2000 to 5000 dollars. The upfront mortgage insurance premium is 2 percent of the home value. These costs are financed into the loan. This is general information and 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 Glendale Arizona?
Borrowers must be at least 62 years old. If married the younger spouse must also be 62 or older to be listed as a borrower. Arizona law follows federal HUD guidelines for age eligibility.
Do I need to own my home free and clear to get a reverse mortgage in Glendale?
No you do not need to own your home free and clear. You must have significant equity. The reverse mortgage pays off any existing mortgage first. Arizona property tax and insurance payments must remain current.
What happens to the reverse mortgage when the borrower dies in Arizona?
The loan becomes due when the last borrower dies or permanently moves out. Heirs have 30 days to decide to pay off the loan or sell the home. Arizona law provides a six-month extension if heirs are working with the lender.