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Compare Reverse Mortgage Specialists in Alexandria, KY

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

2 agents listed
Updated May 2026
Alexandria, KY
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 Kentucky before hiring.
Showing 2 reverse mortgage specialists in Alexandria, KY Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Eagle Finance
6809 E Alexandria Pike, Alexandria, KY 41001
8597819000
Eric Rudy-U.S. Bank Mortgage
7630 Alexandria Pike, Alexandria, KY 41001
8595923438

A reverse mortgage specialist in Alexandria Kentucky helps homeowners aged 62 and older convert home equity into loan proceeds. Kentucky law requires borrowers to complete HUD approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists in this area guide clients through the application process and explain how the loan affects estate planning and Medicaid eligibility.

What Does a Reverse Mortgage Specialist in Alexandria Cost?

Typical costs for a reverse mortgage specialist in Kentucky include an origination fee of up to 2 percent of the home value with a cap of 6000 dollars. Closing costs such as appraisal title search and recording fees range from 2000 to 5000 dollars. The upfront mortgage insurance premium is 2 percent of the home value. These costs vary by lender and loan amount. 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 Alexandria Kentucky?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement. Kentucky law follows federal HUD guidelines for age eligibility.
Do I need counseling before getting a reverse mortgage in Kentucky?
Yes. Kentucky law requires all borrowers to complete a counseling session with a HUD approved counselor. This session must happen before you submit a loan application. The counselor explains loan terms costs and alternatives.
Can I lose my home with a reverse mortgage in Alexandria?
You can lose your home if you fail to pay property taxes homeowners insurance or maintain the property. Kentucky law allows the lender to foreclose if you do not meet these obligations. You must continue to live in the home as your primary residence.