ADVERTISING DISCLOSURE: BeforeMortgageUSA.com is an informational directory, not an mortgage company or broker. We do not sell insurance or provide mortgage or financial advice. No broker-client relationship is created by using this site. No broker listed on this site has paid for, authorized, or approved their listing. This is an advertisement.
Compare Reverse Mortgage Specialists in Cortland, OH
Browse reverse mortgage specialists serving Cortland, Ohio. Contact information and addresses listed below.
4 agents listed
Updated May 2026
Cortland, 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 4 reverse mortgage specialists in Cortland, 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.
OneMain Financial
2170 Millennium Blvd D, Cortland, OH 44410
3303729549
Thomas Shortreed - Private Wealth Advisor, Ameriprise Financial Services, LLC
3378 State Rte 5, Cortland, OH 44410
3306385525
Guidelight Financial Group - Ameriprise Financial Services, LLC
3378 State Rte 5, Cortland, OH 44410
3306385525
David Rider - Financial Advisor, Ameriprise Financial Services, LLC
3010 State Rte 5 a, Cortland, OH 44410
3306373556
Reverse mortgage specialists in Cortland, Ohio help homeowners age 62 and older convert home equity into cash without monthly payments. Ohio law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists guide clients through the process, including understanding loan terms, fees, and how the loan affects inheritance.
What Does a Reverse Mortgage Specialist in Cortland 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 appraisal fees ranging from 450 to 600 dollars. Closing costs usually total between 2,000 and 5,000 dollars. These costs are often rolled into the loan balance. 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 and home requirements for a reverse mortgage in Cortland Ohio?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The home must be the primary residence and be a single-family home, HUD-approved condo, or manufactured home that meets FHA standards.
Do I need counseling before getting a reverse mortgage in Ohio?
Yes, Ohio law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved counselor. This session covers loan costs, payment options, and alternatives. The counselor must be independent from the lender.
What happens to the reverse mortgage when I move out or pass away in Ohio?
The loan becomes due when the last borrower permanently leaves the home or passes away. Heirs have 30 days under Ohio law to decide whether to pay off the loan or sell the home. If the home is sold, any remaining equity goes to the heirs.
Free • No Obligation
Compare Reverse Mortgage Specialists
Get matched with agents in Cortland who handle your type of case.
Affiliate Form Embed
Replace with iframe/embed code from your affiliate network
Affiliate Disclosure
The form above is provided by a third-party legal marketing service. BeforeMortgageUSA.com receives compensation when you submit a qualified inquiry. This is a free service with no obligation to hire any broker. Your information is collected and handled by the form provider according to their privacy policy.
Legal Notice
BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
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 Ohio.