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Looking for a reverse mortgage specialist in Revere? Review the directory below to compare your options.
2 agents listed
Updated May 2026
Revere, 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 2 reverse mortgage specialists in Revere, 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.
Luisa Bedoya, MSA Mortgage
349-353 Broadway, Revere, MA 02151
6179213177
Mortgage Discharge Procurement Services
385 Broadway Suite 305, Revere, MA 02151
6173967505
Reverse mortgage specialists in Revere Massachusetts help homeowners aged 62 and older access home equity without monthly payments. Massachusetts law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage HECM. These specialists guide clients through the process including property eligibility and repayment terms.
What Does a Reverse Mortgage Specialist in Revere Cost?
Reverse mortgage costs in Massachusetts typically include an origination fee of up to 6000 dollars for high-value homes a mortgage insurance premium of 2 percent of the home value and third-party fees like appraisal and title search. Closing costs generally range from 2000 to 8000 dollars depending on the loan amount and property. 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 are the age requirements for a reverse mortgage in Revere Massachusetts?
You must be at least 62 years old to qualify for a reverse mortgage in Revere. All borrowers listed on the title must meet this age requirement. Massachusetts follows federal HUD guidelines for age eligibility.
Do I need counseling before getting a reverse mortgage in Massachusetts?
Yes Massachusetts law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session covers loan terms costs and alternatives. The counselor must be independent from the lender.
Can I lose my home with a reverse mortgage in Revere?
You can lose your home if you fail to pay property taxes or homeowners insurance or if you do not maintain the property. Massachusetts law requires lenders to verify your ability to meet these obligations. You must also live in the home as your primary residence.
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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.