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Browse reverse mortgage specialists serving Canton, Mississippi. Contact information and addresses listed below.
6 agents listed
Updated May 2026
Canton, MS
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 Mississippi before hiring.
Showing 6 reverse mortgage specialists in Canton, MS
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Advance America
904 E Peace St, Canton, MS 39046
6018559330
Family Choice Financial
1062 E Peace St, Canton, MS 39046
6018594280
Heights Finance
1026 E Peace St, Canton, MS 39046
6018555096
Tower Loan
178 W Center St, Canton, MS 39046
6018594791
Lisa Grantham - Renasant Mortgage
3330 S Liberty St, Canton, MS 39046
6013269597
Regions Mortgage
147 E Peace St, Canton, MS 39046
8003256000
A reverse mortgage specialist in Canton, Mississippi helps homeowners aged 62 and older convert home equity into cash without monthly payments. Mississippi law requires borrowers to receive counseling from a HUD-approved agency before closing. Specialists guide clients through the HECM process and explain how loan proceeds affect local property tax deferral programs.
What Does a Reverse Mortgage Specialist in Canton Cost?
Typical costs for a reverse mortgage in Mississippi 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 for appraisal, title search, and recording. Total closing costs often range from 2,000 to 8,000 dollars depending on the home value and loan type. 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 is a reverse mortgage and how does it work in Canton Mississippi?
A reverse mortgage is a loan for homeowners 62 and older that uses home equity as collateral. In Mississippi, borrowers must complete HUD-approved counseling. The loan does not require monthly payments as long as the borrower lives in the home and pays property taxes and insurance.
Are there Mississippi specific rules for reverse mortgage specialists?
Yes. Mississippi requires reverse mortgage lenders to hold a state mortgage broker license. The state also mandates a three day right of rescission after closing. Specialists must follow federal HECM rules and disclose all fees clearly.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the Mississippi.