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Find Reverse Mortgage Specialists in Yorktown Heights, NY
Looking for a reverse mortgage specialist in Yorktown Heights? Review the directory below to compare your options.
3 agents listed
Updated May 2026
Yorktown Heights, 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 Yorktown Heights, 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.
DML Mortgage Enterprises, Inc.
334 Underhill Ave bldg 2, Yorktown Heights, NY 10598
9144553700
Luke Molito - Chase Home Lending Advisor - NMLS ID 225482
1975 Commerce St, Yorktown Heights, NY 10598
9148042257
Kenneth Bicknese - Chase Home Lending Advisor - NMLS ID 66758
720 Lee Blvd, Yorktown Heights, NY 10598
9145575994
A reverse mortgage specialist in Yorktown Heights New York helps homeowners aged 62 and older convert home equity into loan proceeds. New York law requires all reverse mortgage originators to be licensed and to provide borrowers with a mandatory counseling session from a HUD-approved counselor. This directory connects you with local professionals who understand the specific regulations and housing market in Westchester County.
What Does a Reverse Mortgage Specialist in Yorktown Heights Cost?
Typical costs for a reverse mortgage specialist 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 which can range from 500 to 1,500 dollars. Total closing costs often fall between 5,000 and 10,000 dollars but vary by loan amount and lender. 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 Yorktown Heights New York?
Borrowers must be at least 62 years old. For a reverse mortgage with a co-borrower, the youngest borrower must meet this age requirement. New York state law does not allow exceptions to this age limit.
Is counseling required for a reverse mortgage in New York?
Yes. New York state law mandates that all borrowers receive counseling from a HUD-approved housing counseling agency before a reverse mortgage can be finalized. The counseling session must be completed at least 7 days before the loan closing.
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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.