ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Compare Reverse Mortgage Specialists in Schererville, IN
Compare reverse mortgage specialists in Schererville. Review contact information and insurance categorys before you decide.
7 agents listed
Updated May 2026
Schererville, 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 7 reverse mortgage specialists in Schererville, 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.
Hammer Financial Group, Inc.
222 Indianapolis Blvd, Schererville, IN 46375
2198648266
American Portfolio Mortgage Corporation
833 W Lincoln Hwy #305W, Schererville, IN 46375
2192159059
Gerry Zagone Schererville, IN - Mortgage Loan Officer
833 W Lincoln Hwy Ste 105W, Schererville, IN 46375
2198959288
James Stachyra - CIBM Mortgage
7145 Bell St, Schererville, IN 46375
7082592279
The Mortgage Exchange - Schererville
21 E U.S. Hwy 30, Schererville, IN 46375
8884357070
Adventas Mortgage
2436 US-41, Schererville, IN 46375
2193656351
First Financial Bank - Mortgage: Michelle Anderson
450 W Lincoln Hwy, Schererville, IN 46375
2192273280
Reverse mortgage specialists in Schererville, Indiana help homeowners aged 62 and older access home equity without monthly payments. Indiana law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists guide clients through the unique process, including property tax and insurance obligations specific to Lake County.
What Does a Reverse Mortgage Specialist in Schererville Cost?
Typical costs for a reverse mortgage 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 fees can range from 2000 to 6000 dollars depending on the property value and lender. 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 are the age requirements for a reverse mortgage in Schererville Indiana?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement. Indiana follows federal HECM guidelines for age eligibility.
Do I need to own my home free and clear to get a reverse mortgage in Indiana?
No, you do not need to own your home free and clear. You can use a reverse mortgage to pay off an existing mortgage. The remaining equity becomes available to you. Indiana law does not require full ownership.
What are the property requirements for a reverse mortgage in Schererville?
The home must be your primary residence. Eligible property types include single-family homes, FHA-approved condos, and manufactured homes that meet FHA standards. The property must be in good condition as determined by an FHA appraisal.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Schererville who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
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.