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Directory of reverse mortgage specialists in Danvers, Massachusetts. Verify credentials with the state mortgage licensing authority before hiring.
18 agents listed
Updated May 2026
Danvers, MA
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 Massachusetts before hiring.
Showing 18 reverse mortgage specialists in Danvers, MA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
NewFed Mortgage Corp
98 High St Suite #2, Danvers, MA 01923
8776393331
Brad Vocino at Guild Mortgage Company NMLS# 351606
230 North St # 4, Danvers, MA 01923
9783606785
Movement Mortgage - Danvers
99 Rosewood Dr #270, Danvers, MA 01923
8885894416
EasyWay Mortgage
150A Andover St Suite 5, Danvers, MA 01923
7812056915
Michael Bornstein - New Fed Mortgage
98 High St Suite #2, Danvers, MA 01923
9785902442
Mike Rice"The Mortgage Guy"
98 High St Suite #2, Danvers, MA 01923
5088015880
Veteran Mortgage Brokers
13 Bowdoin St, Danvers, MA 01923
9789790883
Doug Santos | Northpoint Mortgage | NMLS 1984405
100 Conifer Hill Dr St# 208, Danvers, MA 01923
9788936263
Rich Garofalo - NMLS#413811 - New Fed Mortgage Corp
98 High St Suite #2, Danvers, MA 01923
7819108345
Drew Mortgage Associates, Inc.
85 Constitution Ln #2g, Danvers, MA 01923
9788156385
Jared Carucci at CrossCountry Mortgage
99 Rosewood Dr #225, Danvers, MA 01923
9785486989
Ryan Leahy
99 Rosewood Dr #270, Danvers, MA 01923
8034559831
Northpoint Mortgage, Inc.
100 Conifer Hill Dr Unit 208, Danvers, MA 01923
9785691995
Sonny Romano | Northpoint Mortgage | NMLS #17464
100 Conifer Hill Dr Unit 208, Danvers, MA 01923
6037995221
CrossCountry Mortgage, LLC
99 Rosewood Dr #225, Danvers, MA 01923
7818640889
Jeffrey Chalmers at Movement Mortgage [NMLS #76803]
99 Rosewood Dr #270, Danvers, MA 01923
7742916527
Joe Long - Movement Mortgage
99 Rosewood Dr #270, Danvers, MA 01923
9783602793
Chris Falbo at CrossCountry Mortgage
99 Rosewood Dr #225, Danvers, MA 01923
6174165973
Reverse mortgage specialists in Danvers Massachusetts help seniors aged 62 and older convert home equity into tax-free funds. Massachusetts law requires borrowers to complete a HUD-approved counseling session before applying for a Home Equity Conversion Mortgage HECM. Danvers residents can use these loans for home repairs medical expenses or supplementing retirement income while staying in their homes.
What Does a Reverse Mortgage Specialist in Danvers Cost?
Typical costs for a reverse mortgage in Massachusetts include an origination fee up to 2 percent of the home value capped at 6000 dollars a mortgage insurance premium of 2 percent of the appraised value and third-party fees for appraisal title search and recording. These costs often total 5000 to 15000 dollars but can be financed into the loan. This is general information and 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 Danvers Massachusetts?
Borrowers must be at least 62 years old. If married and the younger spouse is under 62 they may still qualify under specific HUD rules for non-borrowing spouses. The home must be the borrower's primary residence.
Is reverse mortgage counseling mandatory in Massachusetts?
Yes Massachusetts law and federal HUD rules require all borrowers to complete a counseling session with a HUD-approved agency before submitting a loan application. This session covers loan terms costs and alternatives. A certificate of completion is needed to proceed.
Can a reverse mortgage be foreclosed in Danvers Massachusetts?
Yes foreclosure can occur if the borrower fails to pay property taxes homeowners insurance or maintain the home. Massachusetts has a statutory right of redemption period that allows borrowers to reclaim the property after foreclosure by paying the full loan balance plus costs.
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About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Massachusetts.