Find Reverse Mortgage Specialists Near You in Des Moines, IA
Directory of reverse mortgage specialists in Des Moines, Iowa. Verify credentials with the state state mortgage licensing authority before hiring.
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
State Mortgage Licensing Authority of Iowa before hiring.
Showing 8 reverse mortgage specialists in Des Moines, 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.
What Does a Reverse Mortgage Specialist in Des Moines Cost?
Typical costs for a reverse mortgage specialist in Iowa include origination fees of up to 2 percent of the loan amount and a mortgage insurance premium of 2 percent upfront plus 0.5 percent annually. Third party costs such as appraisal title and recording fees range from 500 to 1500 dollars. Counseling fees are capped at 125 dollars for individual sessions. All costs vary by lender and loan type. 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 does a reverse mortgage specialist do in Des Moines Iowa?
A reverse mortgage specialist explains loan options helps with application and coordinates required HUD counseling. They also advise on Iowa specific rules such as the homestead tax credit and property tax deferral for seniors.
Do I need to live in Des Moines to use a local reverse mortgage specialist?
You do not need to live in Des Moines but the specialist must be licensed in Iowa. Many specialists serve clients across Polk County and surrounding areas. Iowa law does not require you to meet in person but counseling must be done with an approved agency.