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Compare Reverse Mortgage Specialists in Broadview Heights, OH

Browse reverse mortgage specialists serving Broadview Heights, Ohio. Contact information and addresses listed below.

2 agents listed
Updated May 2026
Broadview Heights, OH
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 2 reverse mortgage specialists in Broadview Heights, 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.
New American Funding - Broadview Heights, OH
9150 S Hills Blvd Suite 260, Broadview Heights, OH 44147
2342595911
Teresa Fragale
9243 Broadview Rd Suite 105, Broadview Heights, OH 44147
3308132559

A reverse mortgage specialist in Broadview Heights Ohio can help older homeowners access home equity without monthly payments. Ohio law requires borrowers to receive counseling from a HUD-approved agency before applying. Local specialists understand Cuyahoga County property values and can guide you through the process.

What Does a Reverse Mortgage Specialist in Broadview Heights Cost?

Typical costs for a reverse mortgage specialist in Ohio include an origination fee of up to 2 percent of the home value with a cap of 6000 dollars. Other costs include appraisal fees around 400 to 600 dollars, counseling fees of 125 to 150 dollars, and third-party charges for title work and recording. Total closing costs often range from 3000 to 8000 dollars depending on the loan amount and property. 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 Broadview Heights?
A reverse mortgage specialist is a professional who helps homeowners age 62 and older obtain a Home Equity Conversion Mortgage or HECM. They explain loan terms, costs, and eligibility. In Ohio, the specialist must follow state and federal rules for reverse mortgages.
What are Ohio requirements for a reverse mortgage?
Ohio law requires that all borrowers receive independent counseling from a HUD-approved agency before applying. The specialist cannot charge any fees until the counseling is completed. Borrowers must also attend a closing meeting in person or via approved electronic methods.
How do I choose a reverse mortgage specialist in Broadview Heights?
Look for a specialist with a valid Ohio mortgage loan originator license. Check their experience with HECM loans and ask about their familiarity with Cuyahoga County property values. You can verify their license through the Ohio Division of Financial Institutions.