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 Louisiana before hiring.
Showing 17 reverse mortgage specialists in Alexandria, LA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Mariner Finance
94 Versailles Blvd Suite E, Alexandria, LA 71303
3184732011
Guild Mortgage - Abby Lejeune
4615 Parliament Dr Suite 203, Alexandria, LA 71303
3375139702
Tenamarie Bushnell | Retail Branch Manager | Primary Residential Mortgage, Inc.
1228 Maryland Ave, Alexandria, LA 71301
3182903670
Primary Residential Mortgage, Inc.
1228 Maryland Ave, Alexandria, LA 71301
3182903670
Guild Mortgage - Tammy Vidrine
4615 Parliament Dr Suite 203, Alexandria, LA 71303
3184815708
Guild Mortgage - John Landry
4615 Parliament Dr Suite 203, Alexandria, LA 71303
3184429414
Leslie Bonnette Foster CenLa's mortgage lender
5401 Jackson St Suite B, Alexandria, LA 71303
3183087939
Guild Mortgage - Jeff Maggio
4615 Parliament Dr Suite 203, Alexandria, LA 71303
2257730652
Guild Mortgage - Marci Laborde
4615 Parliament Dr Suite 203, Alexandria, LA 71303
3185618020
American South Mortgage Lending NMLS 2253730
100 Versailles Blvd Suite D, Alexandria, LA 71303
3185927370
Guild Mortgage -Christy McCain
4615 Parliament Dr Suite 203, Alexandria, LA 71303
3185452160
Guild Mortgage - Cliff Zell
4615 Parliament Dr Suite 203, Alexandria, LA 71303
3184429414
John Landry
1403 Metro Dr D, Alexandria, LA 71303
3184429414
Guild Mortgage - Linda Lemoine
4615 Parliament Dr Suite 203, Alexandria, LA 71303
3185618020
Regional Finance
5818 Provine Pl Suite B, Alexandria, LA 71303
3185456630
HGS Fidelity Mortgage
34 Bolton Ave # 4, Alexandria, LA 71301
3184423049
Anetra Cummings
4615 Parliament Dr Suite 203, Alexandria, LA 71303
2254283797
What Does a Reverse Mortgage Specialist in Alexandria Cost?
Typical costs for a reverse mortgage specialist in Louisiana include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Other costs include a mortgage insurance premium of 2 percent of the appraised value and ongoing annual premiums of 0.5 percent. Appraisal fees range from 450 to 600 dollars and closing costs vary by 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 Alexandria Louisiana?
Borrowers must be at least 62 years old. If there is a co-borrower who is younger than 62 that person cannot be on the loan. Louisiana law follows the federal age rule for Home Equity Conversion Mortgages.
Do I need to own my home free and clear to get a reverse mortgage in Louisiana?
No you do not need to own your home free and clear. You can use a reverse mortgage to pay off an existing mortgage. However you must have significant equity in the home to qualify.
What happens to the reverse mortgage when I move out or pass away in Louisiana?
The loan becomes due when the last borrower permanently leaves the home or passes away. Heirs have up to 30 days to decide to pay off the loan or sell the home. Louisiana law does not allow the lender to take other assets.