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Find Reverse Mortgage Specialists in Westborough, MA

Looking for a reverse mortgage specialist in Westborough? Review the directory below to compare your options.

10 agents listed
Updated May 2026
Westborough, 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 10 reverse mortgage specialists in Westborough, 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.
Northpoint Mortgage, Inc.
204 Turnpike Rd, Westborough, MA 01581
5083660636
Team Diaz | Rafael Diaz Alvarez | Northpoint Mortgage | NMLS 44182
204 Turnpike Rd, Westborough, MA 01581
6036705868
Northpoint Mortgage - Ryan Richards
204 Turnpike Rd, Westborough, MA 01581
5085071060
Ross Mortgage Company
112 Turnpike Rd Suite 311, Westborough, MA 01581
5089866100
Fairway Independent Mortgage Corporation
95 A Turnpike Rd, Westborough, MA 01581
5086830386
Doug Richards - Northpoint Mortgage
204 Turnpike Rd, Westborough, MA 01581
5083359510
Jim Casale - Fairway Independent Mortgage Corp., NMLS #1693142
95 Turnpike Rd, Westborough, MA 01581
7742452123
Mortgage Unity LLC
28 W Main St, Westborough, MA 01581
5089748186
Susan Kelly | Fairway Independent Mortgage Corporation Senior Loan Officer
95 A Turnpike Rd, Westborough, MA 01581
6178340052
Reverse Mortgage Massachusettts - Westboro
276 Turnpike Rd Suite 225, Westborough, MA 01582
5088364167

A reverse mortgage specialist in Westborough Massachusetts can help homeowners aged 62 and older convert home equity into cash. Massachusetts law requires borrowers to complete HUD-approved counseling before applying. This type of loan does not require monthly payments but must be repaid when the home is sold or the borrower moves out.

What Does a Reverse Mortgage Specialist in Westborough Cost?

In Massachusetts reverse mortgage costs include an origination fee up to 6000 for a 200000 home an appraisal fee of 450 to 600 and a mortgage insurance premium of 2 percent of the home value upfront. Annual mortgage insurance is 0.5 percent of the loan balance. Total closing costs typically range from 3000 to 8000 depending on the property and lender. 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 in Westborough do?
A reverse mortgage specialist explains how a Home Equity Conversion Mortgage works. They help you understand eligibility requirements and calculate how much money you can receive. They also guide you through the Massachusetts mandatory counseling process.
Are there age requirements for a reverse mortgage in Massachusetts?
Yes you must be at least 62 years old to qualify for a reverse mortgage in Massachusetts. The home must be your primary residence. Non-borrowing spouses have certain protections under federal rules.
What costs are involved with a reverse mortgage in Westborough Massachusetts?
Typical costs include an origination fee an appraisal fee and mortgage insurance premiums. In Massachusetts the origination fee is capped at 2 percent of the first 200000 of the home value plus 1 percent of the amount above 200000. Closing costs vary by lender.