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 Wilmington, 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.
Doug Perry at CrossCountry Mortgage
66-M Concord St, Wilmington, MA 01887
8777731226
Maggie Ek at CrossCountry Mortgage
66-M Concord St, Wilmington, MA 01887
8777731226
Eric Abenaim at CrossCountry Mortgage
66-M Concord St, Wilmington, MA 01887
8777731226
Renee Guidaboni Coleman at CrossCountry Mortgage
66-M Concord St, Wilmington, MA 01887
9787377489
Martin Yau at CrossCountry Mortgage
66-M Concord St, Wilmington, MA 01887
8572127421
CrossCountry Mortgage Wilmington
66M Concord St, Wilmington, MA 01887
7817992856
What Does a Reverse Mortgage Specialist in Wilmington Cost?
Typical costs for a reverse mortgage in Massachusetts include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees such as appraisal and title search. These costs can total between 3,000 and 8,000 dollars depending on the loan size. 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 Wilmington Massachusetts?
Borrowers must be at least 62 years old. If there are two owners, both must meet the age requirement. The home must be the primary residence.
Do I need to attend counseling for a reverse mortgage in Massachusetts?
Yes. Massachusetts law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. The session covers loan terms, costs, and alternatives.