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Reverse Mortgage Specialists in Bettendorf, IA

Directory of reverse mortgage specialists in Bettendorf, Iowa. Verify credentials with the state mortgage licensing authority before hiring.

12 agents listed
Updated May 2026
Bettendorf, IA
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 Iowa before hiring.
Showing 12 reverse mortgage specialists in Bettendorf, IA Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
New American Funding - Amber Ernst Team
3275 Utica Ridge Rd, Bettendorf, IA 52722
5635791097
New American Funding - Bettendorf, IA
3275 Utica Ridge Rd, Bettendorf, IA 52722
5632135137
New American Funding - Joy Schneckloth
3275 Utica Ridge Rd, Bettendorf, IA 52722
5633407907
Phil Dodds Mortgage Team
2395 Tech Dr STE 7, Bettendorf, IA 52722
5634599186
New American Funding - Katie Bys
3275 Utica Ridge Rd, Bettendorf, IA 52722
5633200813
Ruhl Mortgage: Chris Schneider
1228 Middle Rd, Bettendorf, IA 52722
5634415124
Bettendorf Financial Group
1717 State St UNIT 101, Bettendorf, IA 52722
5634419903
Symmetry Mortgage Corporation
5382 Clemons Rd, Bettendorf, IA 52722
5633325300
First Midwest Mortgage Corporation
1975 Kimberly Rd, Bettendorf, IA 52722
5633334664
Toporowski, Clark & Romans Financial Group - Ameriprise Financial Services, LLC
321 17th St Ste A, Bettendorf, IA 52722
5632141857
Kerry Toporowski - Financial Advisor, Ameriprise Financial Services, LLC
321 17th St Ste A, Bettendorf, IA 52722
5632141857
US Bank Mortgage
3120 Middle Rd, Bettendorf, IA 52722
8008722657

Reverse mortgage specialists in Bettendorf, Iowa help homeowners aged 62 and older convert part of their home equity into tax-free funds. Iowa law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). These specialists can explain how a reverse mortgage works with local property tax and insurance rules in Scott County.

What Does a Reverse Mortgage Specialist in Bettendorf Cost?

Typical costs for a reverse mortgage specialist in Iowa include an origination fee of up to 2% of the homes value (capped at $6,000), a mortgage insurance premium of 2% of the appraised value, and third-party fees for appraisal and title work. Total closing costs often range from $5,000 to $12,000. These costs can be financed into the loan. 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 Bettendorf Iowa?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement. Iowa law does not change this federal HUD rule.
Do I need counseling before getting a reverse mortgage in Iowa?
Yes. Iowa law requires you to complete a counseling session with a HUD-approved counselor before you can apply. This session covers costs, alternatives, and obligations like property taxes and insurance.
Can I lose my home with a reverse mortgage in Bettendorf?
Yes if you fail to pay property taxes, maintain homeowners insurance, or keep the home in good repair. Iowa law allows foreclosure if these terms are not met. You must also live in the home as your primary residence.