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Find Reverse Mortgage Specialists in Coweta, OK

Directory of reverse mortgage specialists in Coweta, Oklahoma. Verify credentials with the state mortgage licensing authority before hiring.

2 agents listed
Updated May 2026
Coweta, 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 2 reverse mortgage specialists in Coweta, 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.
Felts Mortgage Group
12655 OK-51, Coweta, OK 74429
9182844248
UFFC Mortgage Coweta
29897 OK-51, Coweta, OK 74429
9186973451

A reverse mortgage specialist in Coweta, Oklahoma helps homeowners aged 62 and older convert home equity into tax-free funds. Oklahoma law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Local specialists can explain how property taxes and insurance requirements apply in Wagoner County.

What Does a Reverse Mortgage Specialist in Coweta Cost?

Typical costs for a reverse mortgage in Oklahoma include an origination fee capped at 2 percent of the first 200,000 dollars of the home value plus 1 percent of any amount over 200,000 dollars. Other costs are an appraisal fee (400 to 600 dollars), title search and insurance (500 to 1,500 dollars), and a mortgage insurance premium equal to 2 percent of the home value. Annual servicing fees may apply. 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 Coweta Oklahoma?
A reverse mortgage specialist is a licensed professional who guides homeowners through the HECM process. They explain eligibility, loan terms, and Oklahoma-specific rules like counseling and repayment conditions.
Who qualifies for a reverse mortgage in Coweta Oklahoma?
You must be at least 62 years old and own your home outright or have a low mortgage balance. The home must be your primary residence and meet HUD property standards. Oklahoma does not have additional age or income limits beyond federal rules.
What are the costs for a reverse mortgage in Oklahoma?
Costs include an origination fee, appraisal, title insurance, and mortgage insurance premiums. In Oklahoma, the origination fee is capped at 2 percent of the first 200,000 dollars of home value plus 1 percent of the amount over 200,000 dollars. Expect total closing costs between 2,000 and 8,000 dollars depending on home value.