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 New Hampshire before hiring.
Showing 12 reverse mortgage specialists in Hooksett, NH
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Jeffrey Trudel - CMG Home Loans Mortgage Branch Manager NMLS# 1106635
26 Londonderry Tpke, Hooksett, NH 03106
(603) 696-3067
cmghomeloans.com
Mackenzie Smerdon - CMG Home Loans Mortgage Senior Loan Officer NMLS# 2168053
26 Londonderry Tpke, Hooksett, NH 03106
(603) 696-1817
cmghomeloans.com
Nathan Bartlett - CMG Home Loans Mortgage Senior Loan Officer NMLS# 1821779
26 Londonderry Tpke, Hooksett, NH 03106
(603) 696-1794
cmghomeloans.com
What Does a Reverse Mortgage Specialist in Hooksett Cost?
Typical costs for a reverse mortgage in New Hampshire include an origination fee of up to 2 percent of the home value (capped at $6,000), a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and recording which range from $500 to $1,500. Closing costs generally total between $2,000 and $8,000 depending on the property value 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 qualifications does a reverse mortgage specialist in Hooksett need?
A reverse mortgage specialist in New Hampshire must be licensed as a mortgage loan originator with the New Hampshire Banking Department. They should also have specific training on HECM products and federal regulations from the Department of Housing and Urban Development.
Are there New Hampshire specific rules for reverse mortgages?
Yes, New Hampshire law requires a mandatory counseling session with a HUD-approved agency before a reverse mortgage application can proceed. The state also limits certain fees and requires lenders to disclose total annual loan costs in a clear format.