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Reverse Mortgage Specialists in Seekonk, MA

Browse reverse mortgage specialists serving Seekonk, Massachusetts. Contact information and addresses listed below.

6 agents listed
Updated May 2026
Seekonk, 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 6 reverse mortgage specialists in Seekonk, 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.
Innovative Mortgage Services, Inc.
945 Taunton Ave, Seekonk, MA 02771
8666405513
Mike Nadeau - First Home Mortgage
183 Central Ave, Seekonk, MA 02771
4016419945
Assurance Financial - Seekonk
309 Taunton Ave Suite G, Seekonk, MA 02771
5085578011
East Coast Financial Corp.
1460 Fall River Ave, Seekonk, MA 02771
5085571597
First Home Mortgage - Seekonk
183 Central Ave, Seekonk, MA 02771
5089156920
First Home Mortgage-Derick Andrade Nmls# 2051827
183 Central Ave, Seekonk, MA 02771
4013233911

What Does a Reverse Mortgage Specialist in Seekonk Cost?

Typical costs for a reverse mortgage specialist in Massachusetts include an origination fee of up to 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount over 200,000 dollars. Third-party fees such as appraisal (400 to 600 dollars), title search (500 to 800 dollars), and recording fees (75 to 150 dollars) also apply. Counseling costs around 125 to 150 dollars but may be waived for low-income borrowers. 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 Seekonk Massachusetts?
Borrowers must be at least 62 years old. If married, the younger spouse must also be 62 to be listed as a borrower. Massachusetts law requires both spouses to attend counseling if both are on the title.
Do I need to own my home free and clear to qualify in Seekonk?
No. You can have an existing mortgage as long as you have enough equity to pay it off with the reverse mortgage proceeds. Massachusetts law does not require full ownership, but the home must be your primary residence.
Are reverse mortgage proceeds taxable in Massachusetts?
No. Reverse mortgage proceeds are considered loan advances, not income, so they are not subject to federal or Massachusetts state income tax. However, interest is not deductible until the loan is repaid.