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Find Reverse Mortgage Specialists in Millsboro, DE

Directory of reverse mortgage specialists in Millsboro, Delaware. Verify credentials with the state mortgage licensing authority before hiring.

6 agents listed
Updated May 2026
Millsboro, DE
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 Delaware before hiring.
Showing 6 reverse mortgage specialists in Millsboro, DE Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Loan Till Payday
28521 Dupont Blvd, Millsboro, DE 19966
3025362183
Stratton Mortgage
28437 Dupont Blvd, Millsboro, DE 19966
3024859966
Alyssa Blight with Stratton Mortgage
28437 Dupont Blvd, Millsboro, DE 19966
4109248963
Jessica Ekin with Novus Home Mortgage
28437 Dupont Blvd, Millsboro, DE 19966
3026126980
Lennar Mortgage, LLC Delaware
24620 Bramble Dr Suite 100, Millsboro, DE 19966
3026634020
PNC Mortgage
118 Main St, Millsboro, DE 19966
3029343106

A reverse mortgage specialist in Millsboro Delaware can help homeowners aged 62 and older access home equity. Delaware law requires that borrowers receive HUD approved counseling before obtaining a reverse mortgage. Local specialists guide clients through the process and explain how a reverse mortgage affects property taxes and heirs.

What Does a Reverse Mortgage Specialist in Millsboro Cost?

Typical costs for a reverse mortgage in Delaware 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 third party costs like appraisal and title fees. Total closing costs often range from 5 000 to 15 000 depending on the home value and loan type. These costs are usually financed into the loan. 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

Who is eligible for a reverse mortgage in Millsboro Delaware?
Homeowners must be at least 62 years old and own their home outright or have a low mortgage balance. The property must be the primary residence. Delaware does not have additional state eligibility requirements beyond federal HUD rules.
What is the counseling requirement for a reverse mortgage in Delaware?
Delaware law requires all reverse mortgage applicants to complete a counseling session with a HUD approved counselor. This session must happen before the loan application is submitted. The counselor explains loan terms costs and alternatives.