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Find Reverse Mortgage Specialists Near You in Farmington, NM
Compare reverse mortgage specialists in Farmington. Review contact information and insurance categorys before you decide.
15 agents listed
Updated May 2026
Farmington, NM
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 New Mexico before hiring.
Showing 15 reverse mortgage specialists in Farmington, NM
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Guild Mortgage - Phil Chavez
5100 E Main St STE 115, Farmington, NM 87402
5056087053
Waterstone Mortgage Corporation
5512 E Main St B, Farmington, NM 87402
5052782523
Daniel Anderson | Major Mortgage
5920 E Main St Suite B, Farmington, NM 87402
5055162631
Mortgage Solutions Financial Farmington
2901 E 20th St Ste 102, Farmington, NM 87402
5053255862
Regional Finance
3000 E 20th St Suite B, Farmington, NM 87402
5053269154
Kerri Howlett | Major Mortgage
5920 E Main St A, Farmington, NM 87402
5052153578
OneMain Financial
3836 E Main St Ste C, Farmington, NM 87402
5053274731
Kathi Giguere | Major Mortgage
5920 E Main St A, Farmington, NM 87402
5053204169
Guild Mortgage- Davin Jacquez
5100 E Main St STE 115, Farmington, NM 87402
5056087030
Elevated Financial
1601 E 20th St SUITE A, Farmington, NM 87401
5053274114
NEXA Mortgage - Denise Lovato
4010 E 30th St, Farmington, NM 87402
5054869776
Major Mortgage
Major, 5920 E Main St A, Farmington, NM 87402
5053279500
MiMutual Mortgage, Farmington NM
2705 Rabbitbrush Dr, Farmington, NM 87402
5053275500
Guild Mortgage Company
5100 E Main St STE 115, Farmington, NM 87402
5056087057
Silver Oak Mortgage
124 N Orchard Ave, Farmington, NM 87401
5053250722
A reverse mortgage specialist in Farmington, New Mexico helps homeowners aged 62 and older convert home equity into cash. New Mexico law requires that borrowers receive third-party counseling from a HUD-approved agency before closing. Farmington specialists can guide you through the process, including property tax deferral options available in San Juan County.
What Does a Reverse Mortgage Specialist in Farmington Cost?
Typical costs for a reverse mortgage in New Mexico include an origination fee of up to 2 percent of the home value (capped at USD 6,000), a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal, title search, and counseling. Total closing costs often range from USD 5,000 to USD 12,000, depending on the property value 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 is a reverse mortgage specialist in Farmington?
A reverse mortgage specialist is a licensed professional who helps seniors in Farmington obtain a Home Equity Conversion Mortgage (HECM). They explain loan terms, costs, and eligibility requirements specific to New Mexico.
What are the requirements for a reverse mortgage in New Mexico?
Borrowers must be at least 62 years old, own their home outright or have low mortgage balance, and live in the home as a primary residence. New Mexico law mandates a HUD-approved counseling session before application.
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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 New Mexico.