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 19 reverse mortgage specialists in Naperville, 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.
Guaranteed Rate Naperville - Danny Delgado
35 S Washington St Suite 306, Naperville, IL 60540
6303647501
Smart Mortgage Centers
4003 Plainfield-Naperville Rd #207, Naperville, IL 60564
8884160920
RATE Naperville (formerly Guaranteed Rate) - Jim Jefferson
35 S Washington St Suite 306, Naperville, IL 60540
8475424273
CIBM Mortgage - Naperville
1811 Centre Point Cir STE 123, Naperville, IL 60563
6303697227
Scott Halvorsen - Fairway Home Mortgage Naperville IL
3420 Lacrosse Ln Ste 115, Naperville, IL 60564
6302258610
Guaranteed Rate
1355 Rte 59 #202, Naperville, IL 60564
8669347283
Tony Tabrizi | Fairway Home Mortgage
3420 Lacrosse Ln Ste 115, Naperville, IL 60564
6302974763
Brad Rasof at Rate
35 S Washington St Suite 306, Naperville, IL 60540
7733540074
Scott Gajewski at Fairway Independent Mortgage Corporation(NMLS #257217)
3420 Lacrosse Ln Ste 115, Naperville, IL 60564
6304180839
The Rate Update Powered by Peoples Bank and Trust
800 W 5th Ave Suite 104B, Naperville, IL 60563
8447755626
Great Mortgage
1754 N Washington St #128B, Naperville, IL 60563
6302620401
Professional Mortgage Solutions
1776 Legacy Cir STE 107, Naperville, IL 60563
6307173600
Kind Lending - Mike Montgomery NMLS 729567
3027 English Rows Avenue #103, Naperville, IL 60564
6309736911
Scott Thatcher - Fairway Independent Mortgage Corporation
2752 Forgue Dr Suite 120-A, Naperville, IL 60564
6309814349
Maureen Lein at Rate (NMLS #800503)
35 S Washington St Suites 305 & 306, Naperville, IL 60540
6309250131
Diamond Residential Mortgage Corporation - William Piotrowski
629 S Washington St, Naperville, IL 60540
6308818655
Jessica Cole at Guaranteed Rate
35 S Washington St Suite 306, Naperville, IL 60540
8163682689
Josh Martinez at Rate
35 S Washington St, Naperville, IL 60540
3128774243
Dave DeRose | Fairway Independent Mortgage Corp
2752 Forgue Dr Suite 120-A, Naperville, IL 60564
8474017088
What Does a Reverse Mortgage Specialist in Naperville 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 include appraisal fees around 400 to 600 dollars and third-party charges for title insurance and recording. Counseling fees are usually 125 dollars but may be waived for low-income borrowers. 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 qualifications should a reverse mortgage specialist have in Naperville Illinois?
A specialist should be licensed by the Illinois Department of Financial and Professional Regulation and have experience with FHA-insured Home Equity Conversion Mortgages. They must also follow Illinois mortgage lending laws and provide clear disclosures.
Are there Illinois-specific rules for reverse mortgages?
Yes Illinois requires a mandatory counseling session with a HUD-approved agency before you can apply. The state also has a three-day right of rescission allowing you to cancel the loan after closing without penalty.
How do property taxes affect reverse mortgages in Naperville?
You must continue to pay property taxes and homeowners insurance to keep the reverse mortgage in good standing. Failure to pay taxes in DuPage County can lead to foreclosure even with a reverse mortgage.