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Compare Reverse Mortgage Specialists in Midwest City, OK

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

4 agents listed
Updated May 2026
Midwest City, 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 4 reverse mortgage specialists in Midwest City, 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.
Chad Shiffer, Movement Mortgage
1716 S Post Rd STE A, Midwest City, OK 73130
4236186455
Patti Shipley-Penry Mortgage Loan Officer
9205 SE 15th St unit b, Midwest City, OK 73130
4058508929
Financial Concepts Mortgage
9205 SE 15th St, Midwest City, OK 73130
4058508929
Hard Money lenders Midwest City OK
1819 S Air Depot Blvd, Midwest City, OK 73110
4058353122

What Does a Reverse Mortgage Specialist in Midwest City Cost?

Typical costs for a reverse mortgage in Oklahoma include an origination fee of up to 2 percent of the home value, a mortgage insurance premium of 2 percent of the appraised value, and third-party fees for appraisal title and recording. Total closing costs often range from 3000 to 8000 dollars depending on the home value and loan type. Oklahoma law does not cap these fees but requires full disclosure in the loan estimate. 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 Midwest City Oklahoma?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The home must be the primary residence and meet FHA property standards. Oklahoma law does not add extra age or income requirements beyond federal HECM rules.
Do I need counseling before getting a reverse mortgage in Oklahoma?
Yes, Oklahoma law requires all reverse mortgage applicants to complete a counseling session with a HUD-approved agency. The session explains loan terms, costs, and alternatives. You must receive a signed counseling certificate before the lender can process your loan.