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Reverse Mortgage Specialists in Frankfort, IN

Looking for a reverse mortgage specialist in Frankfort? Review the directory below to compare your options.

2 agents listed
Updated May 2026
Frankfort, IN
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 Indiana before hiring.
Showing 2 reverse mortgage specialists in Frankfort, IN Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Laura Mullen, Ruoff Mortgage
1700 E Wabash St, Frankfort, IN 46041
7652421423
Ruoff Mortgage - Frankfort
1700 E Wabash St, Frankfort, IN 46041
7652338818

A reverse mortgage specialist in Frankfort, Indiana helps homeowners aged 62 and older convert home equity into cash. Indiana law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists guide clients through the process, including understanding loan terms and local property tax implications.

What Does a Reverse Mortgage Specialist in Frankfort Cost?

Typical costs for a reverse mortgage specialist in Indiana 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 fees for appraisal, title search, and recording. These costs often total between 3,000 and 8,000 dollars depending on the home value. Costs vary by situation 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 are the age requirements for a reverse mortgage in Frankfort Indiana?
You must be at least 62 years old to qualify for a reverse mortgage in Frankfort. All borrowers listed on the title must meet this age requirement. Indiana law follows federal HUD guidelines for age eligibility.
Do I need counseling before getting a reverse mortgage in Indiana?
Yes, Indiana law requires all reverse mortgage applicants to attend a counseling session with a HUD-approved counselor. This session must occur before you can submit a loan application. The counselor will explain the costs, benefits, and alternatives.