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 9 reverse mortgage specialists in Jeffersonville, 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.
Signature Mortgage
400 Missouri Ave #102, Jeffersonville, IN 47130
8129454400
Foundation Home Loans
1994 Charlestown New Albany Rd Suite 103, Jeffersonville, IN 47130
8129007680
Stockton Mortgage NMLS# 8259
2123 Veterans Pkwy, Jeffersonville, IN 47130
5022088960
Riverside Mortgage
1712 Williamsburg Dr Suite 100, Jeffersonville, IN 47130
8129897202
Troy Cunningham - Mortgage Loan Officer
3537 E 10th St, Jeffersonville, IN 47130
5022991570
Chase Home Lending
1642 E 10th St, Jeffersonville, IN 47130
7739880269
Chase Home Lending
2501 Allison Ln, Jeffersonville, IN 47130
3105923199
HII Commercial Real Estate Loans Jeffersonville IN
1803 E 8th St B, Jeffersonville, IN 47130
8129249859
US Bank Mortgage
2750 Allison Ln, Jeffersonville, IN 47130
8008722657
What Does a Reverse Mortgage Specialist in Jeffersonville Cost?
Typical costs for a reverse mortgage specialist in Indiana include an origination fee of up to 2% of the home value, a mortgage insurance premium of 2% of the appraised value, and third-party fees for appraisal, title search, and recording. Total closing costs often range from 2,000 to 8,000 dollars depending on the property value and loan type. These costs can be financed into the loan. 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 Jeffersonville Indiana?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement to qualify for a HECM reverse mortgage in Indiana.
Do I need counseling before getting a reverse mortgage in Indiana?
Yes, Indiana law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session must occur before you submit a loan application.
Can I lose my home with a reverse mortgage in Jeffersonville?
You can lose your home if you fail to pay property taxes, maintain homeowners insurance, or keep the property in good repair. Indiana law also allows the lender to demand repayment if you move out for more than 12 months.