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Reverse Mortgage Specialists in Westport, MA

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

4 agents listed
Updated May 2026
Westport, 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 4 reverse mortgage specialists in Westport, 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.
Province Mortgage Associates, Inc.
1125 State Rd #7, Westport, MA 02790
4014904400
Joshua Pacheco - Axis Wealth Partners, LLC
909 State Rd e, Westport, MA 02790
5084440581
Advanced Financial Group
725 State Rd, Westport, MA 02790
5086783715
First Eastern Mortgage Corporation
875 State Rd #8, Westport, MA 02790
5086781166

Reverse mortgage specialists in Westport Massachusetts help homeowners aged 62 and older access home equity without monthly payments. These specialists guide clients through the federally insured Home Equity Conversion Mortgage (HECM) program and explain how Massachusetts state laws affect loan terms. Westport residents can use reverse mortgage proceeds for home repairs, healthcare costs, or supplementing retirement income.

What Does a Reverse Mortgage Specialist in Westport Cost?

Typical costs for a reverse mortgage in Massachusetts include an origination fee up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal and title search. Total closing costs often range from 2,000 to 8,000 dollars depending on the property value and loan type. These costs can be financed into the loan so you do not pay them upfront. 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 Westport Massachusetts?
Borrowers must be at least 62 years old. The youngest borrower on the title must meet this age requirement. Massachusetts law does not change this federal HECM rule.
Do I need to attend counseling before getting a reverse mortgage in Massachusetts?
Yes. Federal law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. Massachusetts does not add extra counseling requirements beyond the federal mandate.
Can I lose my home with a reverse mortgage in Westport?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Massachusetts law requires lenders to give a notice and a chance to cure before foreclosure.