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Reverse Mortgage Specialists in Newtown Square, PA
Compare reverse mortgage specialists in Newtown Square. Review contact information and insurance categorys before you decide.
3 agents listed
Updated May 2026
Newtown Square, PA
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 Pennsylvania before hiring.
Showing 3 reverse mortgage specialists in Newtown Square, PA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Manzi Mortgage Group, LLC
3415 Goshen Rd, Newtown Square, PA 19073
4847784418
New American Funding - Brandon Beatty
4671 West Chester Pike, Newtown Square, PA 19073
3474772558
RateWinner
18 Campus Blvd Suite 100, Newtown Square, PA 19073
8882620715
Reverse mortgage specialists in Newtown Square, Pennsylvania help homeowners aged 62 and older convert home equity into tax-free funds without selling their home. Pennsylvania law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Specialists in Delaware County guide clients through this process and explain how property taxes and insurance obligations continue under state regulations.
What Does a Reverse Mortgage Specialist in Newtown Square Cost?
Typical costs for a reverse mortgage specialist in Pennsylvania include an origination fee of up to $6,000, a mortgage insurance premium of 2% of the home value, and appraisal fees of $400 to $800. Closing costs usually range from $2,000 to $5,000. These fees are often rolled 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 age requirements for a reverse mortgage in Newtown Square?
Borrowers must be at least 62 years old. This is a federal requirement for HECM loans. Pennsylvania does not have additional age restrictions.
Do I need to complete counseling before getting a reverse mortgage in Pennsylvania?
Yes. Pennsylvania law requires all borrowers to attend a HUD-approved counseling session before applying for a reverse mortgage. The counselor explains loan terms, costs, and alternatives.
Can I lose my home with a reverse mortgage in Newtown Square?
You can lose your home if you fail to pay property taxes, homeowners insurance, or maintain the property. Pennsylvania has no state-specific foreclosure protections beyond federal HECM rules.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
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 Pennsylvania.