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 Tennessee before hiring.
Showing 5 reverse mortgage specialists in Bartlett, TN
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
First South Financial Credit Union - Mortgage Department
6471 Stage Rd #101, Bartlett, TN 38134
9013807400
C360 Mortgage LLC
3225 Kirby Whitten Rd, Bartlett, TN 38134
8888021022
Cameron McCown - NEXA Mortgage
6034 Kevin Dr, Bartlett, TN 38135
9016565399
Hometown Capital Group
2860 Bartlett Rd # 6, Bartlett, TN 38134
9012778124
Bartlett Mortgage
2860 Stage Village Cove, Bartlett, TN 38134
9013825999
What Does a Reverse Mortgage Specialist in Bartlett Cost?
Typical costs for a reverse mortgage in Tennessee include an origination fee (up to 2 percent of the home value, capped at USD 6,000), a mortgage insurance premium (2 percent of the appraised value upfront plus 0.5 percent annually), and third-party fees such as appraisal, title search, and recording costs. Total closing costs often range from USD 2,500 to USD 8,000 depending on the home value and lender. 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 Bartlett Tennessee?
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. Tennessee law also requires you to attend a counseling session with a HUD-approved counselor before you can apply.
Are reverse mortgage proceeds taxable in Tennessee?
No, reverse mortgage proceeds are not considered income by the IRS or the state of Tennessee. They are treated as a loan advance, so you do not pay state income tax on the funds you receive.