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 11 reverse mortgage specialists in Springfield, 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.
PrimeLending, A PlainsCapital Company - Springfield OH
333 N Limestone St Suite 202A, Springfield, OH 45503
9373987306
Bill Riley at CrossCountry Mortgage
1184 E Home Rd, Springfield, OH 45503
8777731226
Jake Harlow at CrossCountry Mortgage
1184 E Home Rd, Springfield, OH 45503
9372841910
Mary Mann,574624, PrimeLending
333 N Limestone St Suite 202B, Springfield, OH 45503
9374085759
loanDepot
30 Warder St #110, Springfield, OH 45504
9375217100
CrossCountry Mortgage
1184 E Home Rd, Springfield, OH 45503
9376059005
Mortgage lender Springfield OH
333 N Limestone St, Springfield, OH 45503
9374684006
Jeannine Roediger - WesBanco Mortgage Lending Officer
1480 Upper Valley Pike, Springfield, OH 45504
9377087035
PNC Mortgage
2222 N Limestone St, Springfield, OH 45503
9373287330
Commercial Lending Springfield OH
30 Warder St, Springfield, OH 45504
9375046925
Danielle Sharpe - WesBanco Mortgage Lending Officer
1480 Upper Valley Pike, Springfield, OH 45504
9377178846
What Does a Reverse Mortgage Specialist in Springfield Cost?
Typical costs for a reverse mortgage specialist in Ohio include an origination fee of up to 2 percent of the home value (capped at 6000 dollars), an appraisal fee of 400 to 800 dollars, and a mortgage insurance premium of 2 percent of the loan amount. Third-party closing costs usually range from 1000 to 3000 dollars. These costs can be financed into the loan. 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 Springfield Ohio?
Borrowers must be at least 62 years old. All owners listed on the title must meet this age requirement. Ohio law does not allow exceptions to this federal rule.
Do I need counseling before getting a reverse mortgage in Ohio?
Yes. Ohio requires all borrowers to complete a counseling session with a HUD-approved counselor. This session must happen before you can apply for a reverse mortgage. The counselor explains the loan terms and alternatives.
Can I lose my home with a reverse mortgage in Springfield?
Yes. You must continue to pay property taxes and homeowners insurance and maintain the home. Failure to meet these obligations can lead to foreclosure. Ohio law gives you a 12-month cure period after a default notice.