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 State Mortgage Licensing Authority of Connecticut before hiring.
Showing 9 reverse mortgage specialists in Monroe, CT
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 Santos Team at Total Mortgage, Mortgage Lender NMLS #49570
731 Main St #101, Monroe, CT 06468
(203) 526-9345
mycupartner.com
Jeff Zappone at CrossCountry Mortgage
458 Monroe Turnpike Suite 2B, Monroe, CT 06468
(877) 773-1226
ccm.com
Ferrigno Team | Cross Country Mortgage
458 Monroe Turnpike, Monroe, CT 06468
(203) 410-4435
bestratemortgages.net
Ken Csehak - Total Mortgage NMLS #58440
588 Monroe Turnpike Suite 2D, Monroe, CT 06468
(203) 394-2688
totalmortgage.com
Scott Mastropietro at CrossCountry Mortgage
458 Monroe Turnpike Suite 2B, Monroe, CT 06468
(475) 209-5544
ccm.com
Nick Kaszei at Total Mortgage Services, LLC NMLS# 1211676
588 Monroe Turnpike Suites 2C & 2D, Monroe, CT 06468
(203) 443-8025
totalmortgage.com
Total Mortgage Monroe NMLS #2606881
731 Main St unit 101-102, Monroe, CT 06468
(203) 526-9345
totalmortgage.com
Total Mortgage Monroe NMLS #2545847
588 Monroe Turnpike Suite 2C & 2D, Monroe, CT 06468
(203) 443-8025
totalmortgage.com
What Does a Reverse Mortgage Specialist in Monroe Cost?
Typical costs for a reverse mortgage specialist in Connecticut include an origination fee up to 2 percent of the home value and a mortgage insurance premium of 2 percent of the appraised value. Closing costs such as appraisal and title fees usually range from 2,000 to 5,000 dollars. Costs vary by loan amount and lender. 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 is a reverse mortgage specialist in Monroe Connecticut?
A reverse mortgage specialist is a licensed professional who guides Monroe homeowners through the HECM process. They help you understand eligibility requirements and loan terms specific to Connecticut.
Do I need counseling before getting a reverse mortgage in Connecticut?
Yes Connecticut law requires all borrowers to complete counseling with a HUD approved agency before applying. The counselor must be independent from the lender and will review your options and costs.
How does a reverse mortgage affect my Monroe property taxes?
You must still pay property taxes and homeowners insurance while the reverse mortgage is active. Connecticut offers property tax deferral programs for seniors that may work alongside a reverse mortgage.