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Find Reverse Mortgage Specialists Near You in Malverne, NY

Compare reverse mortgage specialists in Malverne. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Malverne, NY
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 York before hiring.
Showing 3 reverse mortgage specialists in Malverne, NY Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Ant the "Broker"
340 Trinity Pl #101, Malverne, NY 11565
5164267498
New American Funding - Merrick, NY
341A Hempstead Ave, Malverne, NY 11565
5164217041
New American Funding - Steve Donohue
341A Hempstead Ave, Malverne, NY 11565
9494458340

A reverse mortgage specialist in Malverne, New York helps homeowners aged 62 and older convert home equity into cash. New York law requires borrowers to receive counseling from a HUD-approved agency before obtaining a Home Equity Conversion Mortgage. Local specialists guide clients through the application process and explain how a reverse mortgage affects estate planning and Medicaid eligibility.

What Does a Reverse Mortgage Specialist in Malverne Cost?

Typical costs for a reverse mortgage in New York include an origination fee capped at 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount above 200,000 dollars, up to 6,000 dollars. Third-party fees such as appraisal, title search, and recording fees range from 1,500 to 5,000 dollars. The upfront mortgage insurance premium is 2 percent of the appraised value. 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 Malverne New York?
Borrowers must be at least 62 years old. If there are two borrowers, both must meet the age requirement. The home must be the primary residence.
Do I need counseling to get a reverse mortgage in New York?
Yes. New York state law requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. The session covers costs, obligations, and alternatives.