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 11 reverse mortgage specialists in Mishawaka, 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.
Jonathan McKinnies at CrossCountry Mortgage
104 W 3rd St, Mishawaka, IN 46544
5742292029
Marty Ferguson - Fairway Independent Mortgage Corporation Mortgage Advisor
12415 McKinley Hwy, Mishawaka, IN 46545
5745446610
Patrick Guibert - Loan Officer, Fairway Home Mortgage
115 S Main St Suite 205, Mishawaka, IN 46544
5742862996
Attea Alexander at CrossCountry Mortgage
104 W 3rd St, Mishawaka, IN 46544
8777731226
GVC Mortgage - South Bend
605 W Edison Rd suite e, Mishawaka, IN 46545
5748620050
Jennifer Lehman, CrossCountry Mortgage, LLC
104 W 3rd St, Mishawaka, IN 46544
5742383941
Amy Houk at CrossCountry Mortgage
104 W 3rd St, Mishawaka, IN 46544
5746662501
Jonathan McKinnies at CrossCountry Mortgage
104 W 3rd St, Mishawaka, IN 46544
5743787068
Jodie Russell, 1st Source Mortgage
6909 Grape Rd, Mishawaka, IN 46545
5749313771
Hard Money Lenders Mishawaka IN
4101 Edison Lakes Pkwy, Mishawaka, IN 46545
5744062185
PNC Mortgage
350 N Bittersweet Rd, Mishawaka, IN 46544
5742566182
What Does a Reverse Mortgage Specialist in Mishawaka Cost?
Typical costs for a reverse mortgage in Indiana include an origination fee of up to 6000 dollars, a mortgage insurance premium of 2 percent of the home value, and appraisal fees of 400 to 800 dollars. Closing costs usually range from 2000 to 5000 dollars. 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 eligibility requirements for a reverse mortgage in Mishawaka Indiana?
You must be at least 62 years old and own your home outright or have a small mortgage balance. The home must be your primary residence and meet HUD property standards. You also need to complete a counseling session with a HUD approved agency.
Can a reverse mortgage affect my Indiana homestead deduction?
Yes. In Indiana the homestead deduction reduces your property tax assessment. A reverse mortgage does not remove the deduction but you must continue to live in the home and pay property taxes. Failure to pay taxes can lead to foreclosure.