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 Ohio before hiring.
Showing 9 reverse mortgage specialists in Avon, OH
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Gold Medal Mortgage Inc
37490 Harvest Dr, Avon, OH 44011
4409342100
Primary Residential Mortgage, Inc.
36311 Detroit Rd suite b 203, Avon, OH 44011
4409341244
Trust In Equity Mortgage Group LLC
35651 Detroit Rd, Avon, OH 44011
4407168100
MortgageMan216
36941 Detroit Rd, Avon, OH 44011
2163107334
Chad Bernard
36311 Detroit Rd, Avon, OH 44011
4409341244
Roger Wittman - Mortgage Loan Officer
36701 American Way, Avon, OH 44011
2162697644
Joe Clifton at Citywide (NMLS #1514861)
37450 Colorado Ave Suite 200, Avon, OH 44011
4402664359
US Bank Mortgage
35980 Detroit Rd, Avon, OH 44011
8008722657
Fairway Independent Mortgage Corporation
36701 American Way Unit 2, Avon, OH 44001
4409846576
What Does a Reverse Mortgage Specialist in Avon Cost?
Typical costs for a reverse mortgage in Ohio include an origination fee up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal and title work. Total closing costs often range from 3000 to 8000 dollars. Costs 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 is a reverse mortgage specialist in Avon Ohio?
A reverse mortgage specialist is a licensed professional who helps Ohio homeowners understand and apply for reverse mortgages. They explain loan terms, costs, and eligibility requirements specific to Ohio law.
Do I need counseling for a reverse mortgage in Ohio?
Yes. Ohio law requires all borrowers to complete a counseling session with a HUD-approved counselor before applying. This session covers loan obligations, costs, and alternatives.
How does a reverse mortgage affect my Avon property taxes?
You must continue to pay property taxes and homeowners insurance to keep the loan in good standing. Failure to pay taxes can lead to loan default and possible foreclosure.