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Find Reverse Mortgage Specialists Near You in Nottingham, MD

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

4 agents listed
Updated May 2026
Nottingham, MD
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 4 reverse mortgage specialists in Nottingham, 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.
Meridian Bank Mortgage
4940 Campbell Blvd Suite 125, Nottingham, MD 21236
4107799492
Mortgage247, LLC
7939 Honeygo Blvd #112, Nottingham, MD 21236
4107447247
Open House Lending Corporation
8098 Sandpiper Cir Suite E, Nottingham, MD 21236
8882226960
Perry Hall Investment Group
9652 Belair Rd, Nottingham, MD 21236
4109895200

A reverse mortgage specialist in Nottingham Maryland helps older homeowners access home equity without monthly payments. Maryland law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Nottingham residents can work with specialists who understand local property values and Baltimore County regulations.

What Does a Reverse Mortgage Specialist in Nottingham Cost?

Typical costs for a reverse mortgage specialist in Maryland include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees like appraisal and title search. For a home valued at 300,000 dollars, total upfront costs can range from 8,000 to 12,000 dollars. Annual costs include servicing fees and mortgage insurance. 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 is a reverse mortgage specialist in Nottingham Maryland?
A reverse mortgage specialist is a licensed professional who guides homeowners through the HECM process. They explain eligibility, loan terms, and repayment rules specific to Maryland. They do not provide legal advice but coordinate with HUD counselors.
What are the age requirements for a reverse mortgage in Maryland?
Borrowers must be at least 62 years old. All borrowers listed on the title must meet this age requirement. Maryland does not have additional age exceptions beyond federal HECM rules.
Is counseling required for a reverse mortgage in Maryland?
Yes, Maryland law requires all borrowers to complete a counseling session with a HUD-approved agency. The session covers loan costs, alternatives, and financial implications. The counselor must be independent from the lender.