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Find Reverse Mortgage Specialists in West Roxbury, MA

Directory of reverse mortgage specialists in West Roxbury, Massachusetts. Verify credentials with the state mortgage licensing authority before hiring.

2 agents listed
Updated May 2026
West Roxbury, 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 West Roxbury, 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.
Radius Financial Group Inc: Sofia Travayiakis
1842 Centre St Suites 203, West Roxbury, MA 02132
6176861873
Northeast Mortgage Associates, Inc. NMLS 1798 — John Gallagher NMLS 8980
1996 Centre St # 4, West Roxbury, MA 02132
6173251111

A reverse mortgage specialist in West Roxbury can help homeowners aged 62 and older convert home equity into tax-free funds. Massachusetts law requires all reverse mortgage borrowers to complete a counseling session with a HUD-approved counselor before applying. Specialists in the area understand local property values and the specific needs of Boston-area seniors.

What Does a Reverse Mortgage Specialist in West Roxbury Cost?

Typical costs for a reverse mortgage in Massachusetts include an origination fee of up to 2 percent of the home value (capped at USD 6,000), a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and recording. Counseling fees are usually USD 125 to USD 250. Total closing costs often range from USD 5,000 to USD 10,000. These costs can be financed into the loan. 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 does a reverse mortgage specialist do in West Roxbury?
A reverse mortgage specialist guides seniors through the process of obtaining a Home Equity Conversion Mortgage (HECM) insured by the FHA. They explain eligibility, loan terms, and repayment options. Specialists also help coordinate the required counseling session and ensure compliance with Massachusetts regulations.
Are there Massachusetts-specific rules for reverse mortgages?
Yes, Massachusetts requires a mandatory counseling session with a HUD-approved agency before a reverse mortgage application can be submitted. The state also imposes a three-day right of rescission after closing, allowing borrowers to cancel the loan without penalty. Lenders must provide clear disclosures about fees and interest rates.
How do I choose a reverse mortgage specialist in West Roxbury?
Look for a specialist who is licensed in Massachusetts and has experience with HECM loans. Verify their credentials through the National Mortgage Licensing System. Ask about their familiarity with local property values in West Roxbury and nearby neighborhoods like Jamaica Plain and Roslindale.