Skip to main content

Reverse Mortgage Specialists in Rocky River, OH

Directory of reverse mortgage specialists in Rocky River, Ohio. Verify credentials with the state mortgage licensing authority before hiring.

5 agents listed
Updated May 2026
Rocky River, 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 5 reverse mortgage specialists in Rocky River, 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.
Rockway Mortgage
20545 Center Ridge Rd Suite 142, Rocky River, OH 44116
2162322900
Equity Capital Mortgage Group
20160 Center Ridge Rd # 201, Rocky River, OH 44116
2163022060
Dina Markos
21550 Center Ridge Rd, Rocky River, OH 44116
2163104796
Sherri Banta Group Rocky River
19035 Old Detroit Rd # 205, Rocky River, OH 44116
8054711841
US Bank Mortgage
19825 Detroit Rd, Rocky River, OH 44116
8008722657

A reverse mortgage specialist in Rocky River Ohio helps older homeowners access home equity without monthly payments. Ohio law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists in Rocky River can explain how Ohio property tax deferral programs interact with reverse mortgages.

What Does a Reverse Mortgage Specialist in Rocky River Cost?

Typical costs for a reverse mortgage in Ohio include an origination fee of up to 2% of the first $200,000 of the home value plus 1% of the amount above $200,000. Third-party fees such as appraisal, title search, and recording fees usually range from $500 to $2,000. HUD counseling costs around $125 to $150. Mortgage insurance premiums are 2% of the appraised value upfront plus 0.5% annually. These costs can be 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 is a reverse mortgage specialist in Rocky River Ohio?
A reverse mortgage specialist is a licensed professional who guides homeowners through the reverse mortgage process. They explain eligibility requirements, loan terms, and how Ohio law affects the transaction. Specialists do not provide legal advice but can refer you to qualified Ohio attorneys.
What are the age and property requirements for a reverse mortgage in Ohio?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The property must be the borrower's primary residence. In Ohio, condominiums and manufactured homes may qualify if they meet HUD standards.