ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Compare Reverse Mortgage Specialists in Holyoke, MA
Browse reverse mortgage specialists serving Holyoke, Massachusetts. Contact information and addresses listed below.
3 agents listed
Updated May 2026
Holyoke, 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 3 reverse mortgage specialists in Holyoke, 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.
Holyoke Credit Union
490 Westfield Rd, Holyoke, MA 01040
4135327007
Baystate Financial
330 Whitney Ave #610, Holyoke, MA 01040
4135520000
Merrimack Mortgage Company, Inc.
48 Commercial St, Holyoke, MA 01040
4135337889
A reverse mortgage specialist in Holyoke, Massachusetts helps older homeowners access home equity without monthly payments. In Massachusetts, borrowers must complete HUD-approved counseling before applying. Local specialists can guide you through the process and explain how state laws protect your rights as a homeowner.
What Does a Reverse Mortgage Specialist in Holyoke 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 $6,000. Appraisal fees range from $400 to $800, and third-party closing costs can total $2,000 to $5,000. Mortgage insurance premiums are 2 percent of the appraised value upfront plus 0.5 percent annually. These costs vary by lender and property value. 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 qualifications does a reverse mortgage specialist in Holyoke need?
Specialists must hold a valid Massachusetts mortgage broker or lender license. They should also complete HUD-approved training and follow federal rules for Home Equity Conversion Mortgages (HECM). Always verify their license with the Massachusetts Division of Banks.
Are there age requirements for a reverse mortgage in Holyoke Massachusetts?
Yes, all borrowers must be at least 62 years old. For married couples, both spouses must meet the age requirement unless one spouse is a non-borrowing spouse. Massachusetts law provides additional protections for non-borrowing spouses after the borrowing spouse passes away.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Holyoke who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
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.