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 11 reverse mortgage specialists in Mandeville, 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.
Devin Thomas - Mortgage Lender
800 N Causeway Blvd Suite 2B, Mandeville, LA 70471
5044189496
Standard Mortgage Corporation
2 Sanctuary Blvd #201, Mandeville, LA 70471
9857782807
Dwayne Stein at CrossCountry Mortgage
801 Girod St Suite A, Mandeville, LA 70448
9856121900
Bryan Chamberlain
1357 N Causeway Blvd Unit 1, Mandeville, LA 70471
5042283780
Bonnie Laurent
1357 N Causeway Blvd Unit 1, Mandeville, LA 70471
5049132957
Argent Lending
800 N Causeway Blvd # 1B, Mandeville, LA 70448
9859513770
NOLA Lending Group - Courtlin Donner-Noggerath NMLS#:170551
830 W Causeway Approach Suite 1100, Mandeville, LA 70471
5048122156
Thomas Knapp, Mortgage Loan Officer - First Horizon Bank
850 N Causeway Blvd 2nd Floor, Mandeville, LA 70448
2252354368
NOLA Lending Group - Mia Hegwood NMLS#:206433
830 W Causeway Approach Suite 1100, Mandeville, LA 70471
9857275060
Paxton Fellers - Mortgage Broker
800 N Causeway Blvd # 1B, Mandeville, LA 70448
9852908038
Jessica Knight, NMLS #419450 - Flagstar Bank
102 Fontainbleau Dr, Mandeville, LA 70471
9859663611
What Does a Reverse Mortgage Specialist in Mandeville Cost?
Typical costs for a reverse mortgage specialist in Louisiana include an origination fee of up to 2% of the home value, a mortgage insurance premium of 2% of the appraised value, and third party costs like appraisal and title fees ranging from 500 to 1500 dollars. Closing costs generally total between 3000 and 8000 dollars. 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 qualifications does a reverse mortgage specialist in Mandeville need?
Specialists must hold a valid Louisiana mortgage loan originator license. They should also have experience with HECM loans and knowledge of Louisiana property tax deferral programs for seniors.
Are there Louisiana specific rules for reverse mortgage proceeds?
Yes. Louisiana law exempts reverse mortgage proceeds from state income tax. The loan must be repaid when the borrower moves out, sells the home, or passes away. Spouses not on the loan may have protections under federal HUD rules.
How does a reverse mortgage affect Louisiana homestead exemption?
A reverse mortgage does not affect the Louisiana homestead exemption as long as the homeowner continues to occupy the property. The borrower must still pay property taxes and maintain homeowners insurance to keep the exemption.