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Compare Reverse Mortgage Specialists in Euclid, OH

Looking for a reverse mortgage specialist in Euclid? Review the directory below to compare your options.

2 agents listed
Updated May 2026
Euclid, 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 Euclid, 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.
Chase Mortgage
22818 Lakeshore Blvd, Euclid, OH 44123
2162617202
PNC Mortgage
285 Babbitt Rd, Euclid, OH 44123
2167327800

A reverse mortgage specialist in Euclid, Ohio can help homeowners aged 62 and older access home equity. Ohio law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Specialists guide clients through the process, including loan repayment rules and property tax obligations specific to Ohio.

What Does a Reverse Mortgage Specialist in Euclid 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 closing costs such as appraisal and title fees. These costs range from 3000 to 8000 dollars depending on the home value and loan type. 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 are the age requirements for a reverse mortgage in Euclid Ohio?
Borrowers must be at least 62 years old. All homeowners on the title must meet this age requirement under federal HECM guidelines.
Do I need counseling before getting a reverse mortgage in Ohio?
Yes. Ohio law requires all borrowers to complete a HUD-approved counseling session. This session explains loan terms, costs, and alternatives.
Can I lose my home with a reverse mortgage in Euclid?
Yes if you fail to pay property taxes, homeowners insurance, or maintain the home. Ohio law allows foreclosure for nonpayment of taxes.