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Find Reverse Mortgage Specialists Near You in Broken Arrow, OK
Directory of reverse mortgage specialists in Broken Arrow, Oklahoma. Verify credentials with the state mortgage licensing authority before hiring.
6 agents listed
Updated May 2026
Broken Arrow, OK
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 Oklahoma before hiring.
Showing 6 reverse mortgage specialists in Broken Arrow, OK
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Juan Rodriguez NMLS# 245804
1408 W Kenosha St, Broken Arrow, OK 74012
9184088921
John May
110 S Main St #101, Broken Arrow, OK 74012
9189355474
Daniel August - Nexa Mortgage
400 N Poplar Ave, Broken Arrow, OK 74012
9186073291
MBNG Mortgage Services
741 W New Orleans St, Broken Arrow, OK 74011
9184499838
Arvest Mortgage
2251 N 9th St, Broken Arrow, OK 74012
9186316831
Bank of Oklahoma Mortgage
305 N Main St Suite 133, Broken Arrow, OK 74012
9188939413
A reverse mortgage specialist in Broken Arrow Oklahoma helps homeowners aged 62 and older convert home equity into tax-free funds. Oklahoma law requires borrowers to complete HUD-approved counseling before applying. Specialists in Broken Arrow guide clients through the FHA-insured Home Equity Conversion Mortgage process and explain how local property tax deferral programs may apply.
What Does a Reverse Mortgage Specialist in Broken Arrow Cost?
Typical costs for a reverse mortgage in Oklahoma include an origination fee up to 2 percent of the home value a mortgage insurance premium of 2 percent upfront and 0.5 percent annually appraisal fees between 400 and 600 dollars and closing costs ranging from 2000 to 4000 dollars. Total costs vary by loan amount and property value. 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 Broken Arrow Oklahoma?
Borrowers must be at least 62 years old. The youngest homeowner on the title must meet this age requirement under federal HUD rules. Oklahoma does not have a separate state age limit for reverse mortgages.
Do I need to own my home free and clear to get a reverse mortgage in Broken Arrow?
No. You can have an existing mortgage as long as you have enough equity to pay it off at closing. The reverse mortgage proceeds will first be used to pay off any current liens on the property.
Is reverse mortgage counseling required in Oklahoma?
Yes. Oklahoma law requires all reverse mortgage applicants to complete counseling with a HUD-approved agency. The counselor explains loan terms costs and alternatives. You must receive a counseling certificate before the lender can process your application.
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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 Oklahoma.