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 8 reverse mortgage specialists in Delaware, 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.
Stephen R. Harless | Mortgage Lender - First Federal Community Bank
18 E William St Suite 3, Delaware, OH 43015
4403640323
Thrive Mortgage - The Columbus Team - Mortgage Lender - Mortgage Broker
5 E Winter St #200, Delaware, OH 43015
6144313164
Laurie Kuchler - Revolution Mortgage, Delaware Ohio aka "The Strategic Lender"
51 N Sandusky St Unit C, Delaware, OH 43015
6145601095
Revolution Mortgage
51 N Sandusky St Unit C, Delaware, OH 43015
7402519021
Guild Mortgage - Aric French
18 E William St, Delaware, OH 43015
6143104967
OneMain Financial
44 N Sandusky St, Delaware, OH 43015
7403631293
David Larison
18 E William St, Delaware, OH 43015
5138158687
David A Bennett
18 E William St, Delaware, OH 43015
6145056268
What Does a Reverse Mortgage Specialist in Delaware Cost?
Typical costs for a reverse mortgage specialist 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 title and recording. These fees often total between 2500 and 8000 dollars depending on the loan amount. Ohio law does not cap these fees but requires full disclosure in the loan estimate. 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 Delaware Ohio?
Borrowers must be at least 62 years old for a federally insured HECM reverse mortgage. Ohio law does not add extra age requirements beyond the federal minimum. The youngest borrower on the title must meet this age requirement.
Do I need counseling to get 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 must happen before you submit a loan application. The counselor explains loan costs, alternatives, and your rights under Ohio law.
Can I lose my home with a reverse mortgage in Delaware Ohio?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Ohio law gives you a right to cure a default within a specific time period. The loan becomes due if you move out permanently or sell the home.