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Compare Reverse Mortgage Specialists in McAlester, OK

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

19 agents listed
Updated May 2026
McAlester, 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 19 reverse mortgage specialists in McAlester, 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.
World Finance
1736 E Carl Albert Pkwy, McAlester, OK 74501
9184265070
Empire Finance of McAlester
207 S 5th St, McAlester, OK 74501
9184230013
Security Finance
719 E Wyandotte Ave, McAlester, OK 74501
9184260081
Check `n Go
1742 E Carl Albert Pkwy, McAlester, OK 74501
9184260128
Bell Finance Loans McAlester
211 E Chickasaw Ave, McAlester, OK 74501
9184231128
State Finance of McAlester,
1738 E Carl Albert Pkwy, McAlester, OK 74501
9184233810
Regional Finance
320 E Carl Albert Pkwy Suite D, McAlester, OK 74501
9183029703
Diamond Finance Loans McAlester
201 E Chickasaw Ave, McAlester, OK 74501
9184232600
Arvest Bank
101 S 3rd St, McAlester, OK 74501
9184262116
OneMain Financial
500 Village Blvd Ste B Ste B, McAlester, OK 74501
9184233340
Jeremy Cowden - Keller Williams SEOK Oklahoma Land & Home
313 S 6th St, McAlester, OK 74501
9187070628
Heights Finance
1726 E Carl Albert Pkwy, McAlester, OK 74501
9184232029
Anchor Financial Services of McAlester LLC
303 S 5th St, McAlester, OK 74501
9185582200
REMAX Advantage
524 E Choctaw Ave A, McAlester, OK 74501
9185585856
Miranda Grogg Motto Mortgage NexGen
524 E Choctaw Ave Unit C, McAlester, OK 74501
9186158448
McAlester Loans
108 N 1st St, McAlester, OK 74501
9184263400
Oklahoma AgCredit
1104 S George Nigh Expy, McAlester, OK 74501
9184230207
Edward Jones - Financial Advisor: Tyler A Sellmeyer, AAMS®
320 E Carl Albert Pkwy, McAlester, OK 74501
9184235548
Financial Concepts Mortgage
918 E Wyandotte Ave, McAlester, OK 74501
9184290060

Reverse mortgage specialists in McAlester, Oklahoma help homeowners aged 62 and older convert part of their home equity into tax-free funds. Oklahoma law requires borrowers to complete a counseling session with a HUD-approved counselor before obtaining a Home Equity Conversion Mortgage. Local specialists can guide you through the process and explain how a reverse mortgage may affect your estate and heirs.

What Does a Reverse Mortgage Specialist in McAlester Cost?

Typical costs for a reverse mortgage in Oklahoma include an origination fee (up to 2% of the home value, capped at $6,000), a mortgage insurance premium (2% of the appraised value upfront plus 0.5% annually), appraisal fees ($400 to $600), and closing costs ($1,500 to $3,000). Total costs usually range from 3% to 6% of the home value. 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 are the eligibility requirements for a reverse mortgage in McAlester?
You must be at least 62 years old, own your home outright or have a low mortgage balance, and live in the home as your primary residence. Oklahoma law also requires you to attend a mandatory counseling session with a HUD-approved counselor before applying.
How does a reverse mortgage affect my heirs in Oklahoma?
Heirs can choose to repay the loan and keep the home, or sell the home to pay off the balance. If the loan balance exceeds the home value, heirs are not required to pay more than the home is worth, thanks to the non-recourse feature of FHA-insured reverse mortgages.