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Compare Reverse Mortgage Specialists in Kokomo, IN
Looking for a reverse mortgage specialist in Kokomo? Review the directory below to compare your options.
16 agents listed
Updated May 2026
Kokomo, 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 16 reverse mortgage specialists in Kokomo, 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.
The 2 Mortgage Guys
1221 Appletree Ln, Kokomo, IN 46902
7654508933
World Finance
625 S Reed Rd, Kokomo, IN 46901
7654571789
GVC Mortgage, NMLS# 2334
2904 S Reed Rd, Kokomo, IN 46902
7654552000
Mariner Finance
1818 E Hoffer St, Kokomo, IN 46902
7654523023
Amber Powell, MJW Mortgage
1718 S Plate St, Kokomo, IN 46902
7654320715
Ruoff Mortgage - Kokomo
2038 S Reed Rd, Kokomo, IN 46902
7654507572
Dirk Webster, Ruoff Mortgage
2038 S Reed Rd, Kokomo, IN 46902
7652711918
Kayla Hudson, Ruoff Mortgage
2038 S Reed Rd, Kokomo, IN 46902
7652712732
Laura Roberts, Ruoff Mortgage
2038 S Reed Rd, Kokomo, IN 46902
2609996200
Mortgage City, Inc
1202 Appletree Ln, Kokomo, IN 46902
7658540400
Jason Lipinski: Branch Manager, Mortgage Consultant, NMLS# 167569
2916 S Reed Rd, Kokomo, IN 46902
7654552000
BMO Harris Bank Mortgage
2135 N Washington St, Kokomo, IN 46901
8883402265
Indiana USDA Mortgages
202 N Main St, Kokomo, IN 46901
7654508933
Indiana VA Mortgages
202 N Main St, Kokomo, IN 46901
7654508933
American Mortgage Service Company
1622 E Hoffer St, Kokomo, IN 46902
7654598013
Commercial Lending Kokomo IN
2743 Albright Rd, Kokomo, IN 46902
7653479979
A reverse mortgage specialist in Kokomo Indiana can help homeowners aged 62 and older convert part of their home equity into tax free funds. Indiana law requires borrowers to complete HUD approved counseling before obtaining a Home Equity Conversion Mortgage or HECM. These loans are non recourse meaning you will never owe more than your homes appraised value when the loan becomes due.
What Does a Reverse Mortgage Specialist in Kokomo Cost?
Typical costs for a reverse mortgage in Indiana include an origination fee of up to 2 percent of the homes value with a cap of 6000 dollars. Third party fees such as appraisal title search and recording fees usually range from 1000 to 3000 dollars. The upfront mortgage insurance premium is 2 percent of the appraised value. These costs are often 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 eligibility requirements for a reverse mortgage in Kokomo Indiana?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence and you must complete a counseling session with a HUD approved counselor. Indiana does not have additional state specific eligibility rules beyond federal HECM requirements.
How does a reverse mortgage affect my heirs in Indiana?
Heirs can keep the home by paying off the loan balance or selling the home to satisfy the debt. Indiana law allows a 6 month grace period after the last borrower dies for heirs to decide. If the home is sold the lender gets the loan balance and any remaining equity goes to the heirs.
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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 Indiana.