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 State Mortgage Licensing Authority of Missouri before hiring.
Showing 20 reverse mortgage specialists in Springfield, MO
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
USA Mortgage
3100 S National Ave #101, Springfield, MO 65807
(417) 708-9250
midwestmortgagesource.com
Flat Branch Home Loans
4350 S National Ave a100, Springfield, MO 65810
(417) 877-0250
flatbranchhomeloans.com
The Chavez Team - Cross Country Mortgage
1911 S National Ave Suite 104, Springfield, MO 65804
(417) 708-4207
cmbrokers.com
Adam Swenka Team, Mortgage Lender NMLS #932959
4350 S National Ave, Springfield, MO 65810
(417) 512-9978
adamswenka.com
Gershman Mortgage Springfield, MO
1557 E Primrose St #100, Springfield, MO 65804
(417) 888-0320
gershman.com
PrimeLending - Andrew Semple | Sr. Loan Advisor
3000 E Chestnut Expressway Ste B, Springfield, MO 65802
(417) 616-0782
springfieldmortgageonline.com
Express Mortgage
1701 S Enterprise Ave Suite 103, Springfield, MO 65804
(417) 324-7567
expressmortgage.com
Alex Carriker | Highlands Residential Mortgage, Ltd.
1465 E Primrose St Suite B, Springfield, MO 65804
(417) 209-7463
iwantagreathomeloan.com
PrimeLending, A PlainsCapital Company - Springfield
3000 E Chestnut Expressway B, Springfield, MO 65802
(417) 616-0777
lo.primelending.com
Cross Country Mortgage Andy Heffner
1911 S National Ave Suite 104, Springfield, MO 65804
(712) 541-2858
Cole Keeling-USA Mortgage
3100 S National Ave #101, Springfield, MO 65807
(573) 356-4150
usamortgage.com
Matthew Soutee - USA Mortgage
3100 S National Ave #101, Springfield, MO 65807
(417) 844-5997
usamortgage.com
Clifford Ives, Gershman Mortgage
1557 E Primrose St, Springfield, MO 65804
(417) 425-3862
gershman.com
Home Mortgage Group, INC
4200 S Quail Creek Ave, Springfield, MO 65810
(417) 942-5250
hmglending.com
Christie Biggs - USA Mortgage
3100 S National Ave #100, Springfield, MO 65807
(417) 339-9888
usamortgage.com
Summit Lending- Khokhlan Mortgage Team, Mortgage Lender
1638 E Republic Rd Ste B, Springfield, MO 65804
(916) 764-5410
renderrush.digital.vistaprint.io
1st Team Mortgage, LLC
1525 E Republic Rd Suite 120, Springfield, MO 65804
(573) 218-8050
1stteammortgage.com
Key & Compass Team - Shay Yates
3745 S Fremont Ave ste b office 4, Springfield, MO 65804
(417) 849-2430
keyandcompasshomes.com
Brenton Illum - Flat Branch Home Loans
4350 S National Ave Suite A-100, Springfield, MO 65810
(417) 848-1218
brentonillum.com
Guild Mortgage - Stephanie D Jackson
3520 S Culpepper Cir A, Springfield, MO 65804
(918) 327-1919
branches.guildmortgage.com
What Does a Reverse Mortgage Specialist in Springfield Cost?
Typical costs for a reverse mortgage specialist in Missouri include an origination fee of up to 2 percent of the home value capped at 6000 dollars. Appraisal fees range from 400 to 800 dollars and closing costs can total 2000 to 5000 dollars. Counseling fees are usually 125 to 250 dollars. These costs vary by lender and loan type. 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 are the eligibility requirements for a reverse mortgage in Springfield Missouri?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The home must be the primary residence and the borrower must complete a counseling session with a HUD-approved agency. Missouri does not have additional state-specific age or income requirements beyond federal rules.
How does Missouri law affect reverse mortgage proceeds?
Missouri does not tax reverse mortgage loan proceeds as income. However borrowers must continue to pay property taxes and homeowners insurance. If the borrower moves out or passes away the loan must be repaid typically within 12 months under Missouri law.
Can a reverse mortgage be foreclosed in Springfield Missouri?
Yes if the borrower fails to pay property taxes or insurance or does not maintain the home. Missouri law allows the lender to start foreclosure after a default. Borrowers should work with a specialist to understand all obligations before signing.
Reverse Mortgage Specialists in Other Missouri Cities
Arnold · Ballwin · Blue Springs · Cape Girardeau · Carthage · Chesterfield · Clayton · Columbia · Cottleville · Creve Coeur · Dardenne Prairie · Ellisville · Eureka · Excelsior Springs · Festus