Compare Reverse Mortgage Specialists in Dedham, MA
Compare reverse mortgage specialists in Dedham. Review contact information and insurance categorys before you decide.
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
State Mortgage Licensing Authority of Massachusetts before hiring.
Showing 10 reverse mortgage specialists in Dedham, 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.
What Does a Reverse Mortgage Specialist in Dedham Cost?
Typical costs for a reverse mortgage specialist in Massachusetts include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Third-party costs such as appraisal title insurance and recording fees range from 2000 to 4000 dollars. The HUD counseling fee is usually 125 to 250 dollars. These costs are often rolled into the loan balance. 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 Dedham Massachusetts?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement unless a non-borrowing spouse exception applies under Massachusetts law.
Do I need counseling before getting a reverse mortgage in Massachusetts?
Yes Massachusetts requires all borrowers to complete a counseling session with a HUD-approved agency. This session must occur before you submit a loan application. The counselor explains costs obligations and alternatives.