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Find Reverse Mortgage Specialists Near You in Belleville, IL

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

5 agents listed
Updated May 2026
Belleville, IL
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 Illinois before hiring.
Showing 5 reverse mortgage specialists in Belleville, IL Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mariner Finance
1095 N Green Mt Rd Ste. 300, Belleville, IL 62221
6186280200
Superior Home Loans
301 W A St, Belleville, IL 62220
6182393800
Revolution Mortgage
301 W A St Office #1, Belleville, IL 62220
6184420005
US Bank Mortgage
1820 Lebanon Ave, Belleville, IL 62221
8008722657
Mortgage Makers
1924 Lebanon Ave, Belleville, IL 62221
6182354100

A reverse mortgage specialist in Belleville Illinois can help homeowners aged 62 and older convert home equity into cash without monthly payments. Illinois law requires borrowers to complete a counseling session with a HUD-approved counselor before obtaining a reverse mortgage. The specialist can guide you through the process and explain how the loan affects your property taxes and estate.

What Does a Reverse Mortgage Specialist in Belleville Cost?

Typical costs for a reverse mortgage specialist in Illinois include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Other costs may include appraisal fees around 400 to 800 dollars and closing costs of 2000 to 4000 dollars. Mortgage insurance premiums are 2 percent of the loan amount upfront plus 0.5 percent annually. These costs vary by lender and loan type. 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 does a reverse mortgage specialist in Belleville do?
A reverse mortgage specialist helps you understand and apply for a reverse mortgage. They explain eligibility requirements loan options and the repayment terms. In Illinois the specialist must follow state regulations regarding disclosure and counseling.
Do I need counseling to get a reverse mortgage in Illinois?
Yes Illinois law requires you to complete a counseling session with a HUD-approved counselor before you can obtain a reverse mortgage. The counselor will review the loan terms costs and alternatives. The specialist can provide a list of approved counselors.
Are there income limits for a reverse mortgage in Belleville?
There are no income limits to qualify for a reverse mortgage in Belleville. However you must show that you can pay property taxes homeowners insurance and maintenance costs. The specialist will help you evaluate your financial situation.