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 Colorado before hiring.
Showing 7 reverse mortgage specialists in Englewood, CO
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
The Rueth Team at CrossCountry Mortgage
750 W Hampden Ave #500, Englewood, CO 80110
3032146393
Colorado Real Estate Finance Group
6075 S Quebec St #100, Englewood, CO 80111
3037702262
Colorado Lending Team
7887 E Belleview Ave Suite #1100, Englewood, CO 80111
3034773889
Mortgage Mint
8310 S Valley Hwy #3, Englewood, CO 80112
3033336468
Chris Hauber
3141 S Broadway Suite B, Englewood, CO 80113
7205125496
5280 Lend
333 W Hampden Ave Suite 755, Englewood, CO 80110
3032200355
Dave King, SWBC Mortgage
188 Inverness Dr W Ste. 210, Englewood, CO 80112
3034058350
What Does a Reverse Mortgage Specialist in Englewood Cost?
Typical costs for a reverse mortgage in Colorado include an origination fee of up to $6,000, a 2% upfront mortgage insurance premium, and annual premiums of 0.5% of the loan balance. Appraisal fees range from $400 to $800 and title insurance costs vary. Other closing costs such as recording fees and credit report fees add $500 to $1,500. Total costs usually equal 2% to 5% of the home value. 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 does a reverse mortgage specialist in Englewood do?
A reverse mortgage specialist helps you understand the terms costs and eligibility for a Home Equity Conversion Mortgage (HECM). They guide you through the application process and connect you with required HUD counseling. In Colorado this counseling must happen before you sign any loan documents.
Are there Colorado-specific rules for reverse mortgages?
Yes Colorado requires that all reverse mortgage borrowers receive independent counseling from a HUD-approved agency. The state also mandates a 3-day right of rescission after closing. Lenders must provide clear disclosures about loan costs and repayment terms.
How much does a reverse mortgage cost in Englewood Colorado?
Costs include an origination fee (up to $6,000), mortgage insurance premiums (2% of home value upfront plus 0.5% annually), appraisal fees ($400 to $800), and closing costs. Total fees often range from 2% to 5% of the home value. These costs can be financed into the loan.