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 North Carolina before hiring.
Showing 11 reverse mortgage specialists in Rocky Mount, NC
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
National Finance Company
783 Word Plz Suite 119, Rocky Mount, NC 27804
2524439894
Mariner Finance
1364 Benvenue Rd, Rocky Mount, NC 27804
2529772223
Regional Finance
1575 Benvenue Rd Unit E-03, Rocky Mount, NC 27804
2525570086
OneMain Financial
1487 Benvenue Rd Ste AZ-03, Rocky Mount, NC 27804
2529772425
Lendmark Financial Services LLC
1539 Benvenue Rd, Rocky Mount, NC 27804
2529773541
Time Financing Service
2340 Sunset Ave, Rocky Mount, NC 27804
2524512500
Taylor Financial Strategies
4020 Capital Dr, Rocky Mount, NC 27804
2529372253
Edward Jones - Financial Advisor: Rocky Speight, AAMS®
105 Kandemor Ln, Rocky Mount, NC 27804
2525946757
Jamie McCoy at CrossCountry Mortgage
518 Clifton Rd, Rocky Mount, NC 27804
8777731226
Edward Jones - Financial Advisor: Nathan M Lindeman
3679 N Halifax Rd, Rocky Mount, NC 27804
2524430625
PNC Mortgage
131 N Church St, Rocky Mount, NC 27804
2524544933
What Does a Reverse Mortgage Specialist in Rocky Mount Cost?
Typical costs for a reverse mortgage in North Carolina include an origination fee (up to 2 percent of the home value, capped at $6,000), a mortgage insurance premium (2 percent of the appraised value upfront, plus 0.5 percent annually), and appraisal fees ($400 to $800). Closing costs such as title insurance, recording fees, and attorney review can add $1,500 to $3,000. Total costs vary by loan size 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 does a reverse mortgage specialist do in Rocky Mount?
A reverse mortgage specialist helps homeowners understand and apply for a reverse mortgage. They explain loan terms, costs, and repayment rules, and they assist with the required HUD counseling session. Specialists do not provide legal advice but can refer clients to a North Carolina attorney for estate planning.
What are the eligibility requirements for a reverse mortgage in North Carolina?
Borrowers must be at least 62 years old, own their home outright or have a low mortgage balance, and live in the home as their primary residence. The home must be a single-family property, a HUD-approved condominium, or a manufactured home that meets FHA standards. Borrowers must also complete a HUD-approved counseling session.