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 Maryland before hiring.
Showing 12 reverse mortgage specialists in Crofton, MD
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
John R Moore - CrossCountry Mortgage
2127 Espey Ct # 208, Crofton, MD 21114
4109617634
HMA Mortgage
2200 Defense Hwy #100, Crofton, MD 21114
2405992400
The Paquin Team
2200 Defense Hwy Suite 400, Crofton, MD 21114
4433771589
Bryan Lovern at CrossCountry Mortgage
2127 Espey Ct # 208, Crofton, MD 21114
4109073973
Fairway Independent Mortgage Corp
2191 Defense Hwy #102, Crofton, MD 21114
3017082040
Kent Ege with First Heritage Mortgage
2200 Defense Hwy, Crofton, MD 21114
3016130073
Jessica Enfinger and The PowerHouse Team at CrossCountry Mortgage, LLC
2127 Espey Ct # 208, Crofton, MD 21114
4107749011
The Kurrle Team of First Home Mortgage
2200 Defense Hwy Suite 400, Crofton, MD 21114
4435047152
My Mortgage, Inc.
2191 Defense Hwy Unit 304b, Crofton, MD 21114
8334588664
First Home Mortgage - Crofton
2200 Defense Hwy Suite 400, Crofton, MD 21114
4433771589
Washingtonian Mortgage
2200 Defense Hwy #309, Crofton, MD 21114
4433365525
Donald Rosier
2200 Defense Hwy Suite 204, Crofton, MD 21114
3016530215
What Does a Reverse Mortgage Specialist in Crofton Cost?
Typical costs for a reverse mortgage specialist in Maryland include an origination fee of up to 6000 dollars and a mortgage insurance premium of 2 percent of the home value. Third-party costs such as appraisal title search and recording fees range from 1500 to 3500 dollars. Closing costs in Crofton may also include local transfer taxes and attorney fees. 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 does a reverse mortgage specialist in Crofton do?
A reverse mortgage specialist in Crofton guides homeowners through the HECM process including eligibility counseling and loan origination. They explain how Maryland state laws affect loan terms and repayment obligations. The specialist also coordinates with local title companies and appraisers.
Are there income requirements for a reverse mortgage in Maryland?
Maryland does not set specific income minimums for reverse mortgages but lenders assess your ability to pay property taxes insurance and HOA fees. The Financial Assessment required by HUD reviews your credit history and residual income. You must demonstrate ongoing financial capacity to maintain the property.
How long does a reverse mortgage closing take in Crofton?
A typical reverse mortgage closing in Crofton takes 30 to 45 days from application to funding. Maryland requires a three-day rescission period after signing loan documents. Delays can occur if appraisal or title issues arise with Anne Arundel County property records.