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Compare Reverse Mortgage Specialists in Rego Park, NY
Compare reverse mortgage specialists in Rego Park. Review contact information and insurance categorys before you decide.
2 agents listed
Updated May 2026
Rego Park, 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 2 reverse mortgage specialists in Rego Park, 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.
Professional Mortgage Solutions, Inc.
62-79 Woodhaven Blvd, Rego Park, NY 11374
7184574444
Go Reverse Mortgage
62-79 Woodhaven Blvd, Rego Park, NY 11374
7182151630
A reverse mortgage specialist in Rego Park, New York helps older homeowners access home equity without monthly payments. New York law requires borrowers to receive counseling from a HUD approved agency before applying. Specialists guide clients through the process and explain local property tax deferral programs available to seniors.
What Does a Reverse Mortgage Specialist in Rego Park Cost?
Typical costs for a reverse mortgage in New York 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 such as appraisal and title search. Total closing costs often range from 5,000 to 12,000 dollars depending on the home value and loan type. New York also requires a mandatory escrow account which adds to upfront costs. 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 age requirements for a reverse mortgage in Rego Park?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement. New York law also requires a non borrowing spouse to be protected if the borrowing spouse passes away first.
Is counseling required before getting a reverse mortgage in New York?
Yes. New York law mandates that all applicants complete a counseling session with a HUD approved counselor. The session covers loan terms, costs, and alternatives. The counselor must be independent from the lender.
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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 York.