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Find Reverse Mortgage Specialists Near You in Indianola, IA

Compare reverse mortgage specialists in Indianola. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Indianola, 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 3 reverse mortgage specialists in Indianola, 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.
Journey Mortgage LLC
2500 W 2nd Ave Ste 4, Indianola, IA 50125
5154164643
Linda Frazier at Rate (NMLS #657492)
113 E Salem Ave Suite 103, Indianola, IA 50125
5153485996
Edward Jones - Financial Advisor: Grant P McGraw, AAMS®
115 N Buxton St, Indianola, IA 50125
5159622704

Reverse mortgage specialists in Indianola Iowa help homeowners aged 62 and older convert home equity into tax-free funds. Iowa law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Specialists guide clients through the process including loan terms and repayment obligations specific to Iowa property laws.

What Does a Reverse Mortgage Specialist in Indianola Cost?

Typical costs for a reverse mortgage specialist in Iowa include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Third party costs such as appraisal title insurance and recording fees range from 1500 to 3000 dollars. The HUD counseling fee is usually 125 to 150 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 age requirements for a reverse mortgage in Indianola Iowa?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement under federal HECM guidelines. Iowa law does not add additional age restrictions.
Do I need counseling before getting a reverse mortgage in Iowa?
Yes. Iowa law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session covers loan terms costs and alternatives. The counselor must be independent from the lender.