ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Compare reverse mortgage specialists in Newark. Review contact information and insurance categorys before you decide.
20 agents listed
Updated May 2026
Newark, 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 20 reverse mortgage specialists in Newark, 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.
John Thomas Team | Primary Residential Mortgage, Inc.
248 E Chestnut Hill Rd, Newark, DE 19713
3027030727
AnnieMac Home Mortgage
200 Continental Dr Suite 401 Office 456, Newark, DE 19713
3027631350
Luminate Bank
630 Churchmans Rd # 101, Newark, DE 19702
3022867838
Gregory Clark - Branch Manager at AnnieMac Home Mortgage
200 Continental Dr Suite 401 Office 456, Newark, DE 19713
3025614941
Movement Mortgage, Darren Corder Loan Team
200 Continental Dr Suite 401, Newark, DE 19713
3025472131
Delaware Financial Mortgage
22 Polly Drummond Hill Rd, Newark, DE 19711
3022669500
Alison Rohrer at Delaware Financial
22 Polly Drummond Hill Rd, Newark, DE 19711
3022669500
New American Funding - Newark, DE
111 Continental Dr Ste. 211, Newark, DE 19713
3023181264
Erin Mako at Rate NMLS 1986537
2100 Drummond Plaza | Bldg. 2, Newark, DE 19711
6105638286
Christopher Patille at CrossCountry Mortgage, LLC
111 Continental Dr Ste 111, Newark, DE 19713
3022297124
Angela Cason at Delaware Financial Mortgage
22 Polly Drummond Hill Rd, Newark, DE 19711
3025987799
Ken Jester at Cross Country Mortgage (NMLS #1593847)
111 Continental Dr Ste 111, Newark, DE 19713
2672366155
Katie Stevens at Pike Creek Mortgage
1908 Capitol Tr, Newark, DE 19711
3022419902
Guild Mortgage - Brian Cooney
220 Continental Dr Suite 206, Newark, DE 19713
3024556201
Integrity First Mortgage, LLC
9 Peddlers Row, Newark, DE 19702
3023186858
Richard Schian at CrossCountry Mortgage
111 Continental Dr Ste 111, Newark, DE 19713
3024962671
Pike Creek Mortgage Services, Inc.
1908 Capitol Tr #3, Newark, DE 19711
3028922811
Accelerate Mortgage
750 Prides Crossing #303, Newark, DE 19713
8669861245
Nicks Loans - Pike Creek Mortgage Services, Inc
1908a Kirkwood Hwy, Newark, DE 19711
3023551300
Geoff McCloskey, Movement Mortgage
200 Continental Dr Suite 401, Newark, DE 19713
3023163263
A reverse mortgage specialist in Newark Delaware helps homeowners aged 62 and older convert home equity into tax-free funds. Delaware law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage HECM. Newark residents often use these loans to supplement retirement income or cover healthcare costs.
What Does a Reverse Mortgage Specialist in Newark Cost?
Typical costs for a reverse mortgage in Delaware include an origination fee up to 2 percent of the home value or a maximum of 6000 dollars. Third-party fees such as appraisal title search and recording fees range from 1000 to 3000 dollars. The upfront mortgage insurance premium is 2 percent of the appraised value. Annual mortgage insurance premiums are 0.5 percent of the loan balance. These costs vary by lender and loan type. 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 are the age requirements for a reverse mortgage in Newark Delaware?
Borrowers must be at least 62 years old. The youngest spouse must also meet this age requirement for most HECM loans. Delaware does not have additional state age restrictions beyond federal rules.
Do I need counseling before getting a reverse mortgage in Delaware?
Yes. Federal law requires all borrowers to complete a counseling session with a HUD-approved counselor. Delaware does not add extra state counseling requirements. The session covers loan terms costs and alternatives.
Are reverse mortgage proceeds taxable in Delaware?
No. Loan proceeds from a reverse mortgage are not considered income for federal or Delaware state tax purposes. However interest on the loan is not tax deductible until the loan is repaid. Consult a tax professional for your specific situation.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Newark who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Delaware.