Find Reverse Mortgage Specialists Near You in Yuma, AZ

What Does a Reverse Mortgage Specialist in Yuma Cost?

Typical costs for a reverse mortgage in Arizona include an origination fee capped at 6000 or 2.5 percent of the first 200000 of home value plus 1 percent of the amount above 200000. The upfront mortgage insurance premium is 2 percent of the appraised value. Third party costs for appraisal title search and recording fees range from 1000 to 3000. Total closing costs often land between 5000 and 15000 but can be higher for high value homes. 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.

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