Find Reverse Mortgage Specialists Near You in Phoenix, OR
Directory of reverse mortgage specialists in Phoenix, Oregon. Verify credentials with the state state mortgage licensing authority before hiring.
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
State Mortgage Licensing Authority of Oregon before hiring.
Showing 2 reverse mortgage specialists in Phoenix, OR
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
What Does a Reverse Mortgage Specialist in Phoenix Cost?
Typical costs for a reverse mortgage in Oregon include an origination fee of up to 2 percent of the home value with a cap of 6000 dollars. Third-party costs such as appraisal title insurance and recording fees range from 2000 to 5000 dollars. The upfront mortgage insurance premium is 2 percent of the home value. Ongoing annual mortgage insurance is 0.5 percent of the loan balance. Costs vary by loan amount and property value. 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 age requirements for a reverse mortgage in Phoenix Oregon?
You must be at least 62 years old to qualify for a reverse mortgage in Oregon. The youngest borrower on the title must meet this age requirement. Oregon law does not add any extra age restrictions beyond federal HUD rules.
Do I need counseling before getting a reverse mortgage in Oregon?
Yes Oregon law requires all borrowers to complete a counseling session with a HUD-approved agency before applying. The session covers loan terms costs and alternatives. You must receive a signed counseling certificate before the lender can process your application.