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 3 reverse mortgage specialists in Brunswick, 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.
Andrew Duna Mortgage Lender- First Savings Bank
2950 Westway Dr Unit 101, Brunswick, OH 44212
2167768770
Third Federal Savings & Loan
3890 Center Rd, Brunswick, OH 44212
3302258855
Nations Lending - Brunswick, OH Branch - NMLS: 1105076
1321 Industrial Pkwy N, Brunswick, OH 44212
4407850963
What Does a Reverse Mortgage Specialist in Brunswick Cost?
Typical costs for a reverse mortgage in Ohio include an origination fee up to 2 percent of the home value (capped at 6,000 dollars), a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal and title search. Total closing costs often range from 8,000 to 15,000 dollars. These costs are usually financed into the loan. 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 Brunswick Ohio?
Borrowers must be at least 62 years old. The non-borrowing spouse may be younger but must meet specific HUD rules to remain in the home after the borrower passes away.
Do I need counseling before getting a reverse mortgage in Ohio?
Yes. Ohio law requires all borrowers to complete a counseling session with a HUD-approved counselor. This session explains loan terms, costs, and alternatives. You must receive a certificate of completion before the loan can proceed.