Reverse Mortgage Specialists in Hixson, TN — Compare & Find

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 Tennessee before hiring.

Showing 2 reverse mortgage specialists in Hixson, 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.

FirstBank Mortgage

1959 Northpoint Blvd, Hixson, TN 37343

(800) 200-6462 fbmortgageloans.com

Nexa Mortgage Chattanooga

563 Deer Valley Dr, Hixson, TN 37343

(423) 664-7423 callthatloanguy.com

A reverse mortgage specialist in Hixson Tennessee helps homeowners aged 62 and older convert home equity into tax-free funds. Tennessee law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage (HECM). Local specialists understand the real estate market in Hixson and can guide you through the process.

What Does a Reverse Mortgage Specialist in Hixson Cost?

Typical costs for a reverse mortgage specialist in Tennessee include an origination fee of up to $6,000 and a mortgage insurance premium of 2% of the home value. Third-party closing costs such as appraisal and title search usually range from $2,000 to $5,000. Costs vary by loan amount 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 Hixson Tennessee?

You must be at least 62 years old and own your home outright or have a low mortgage balance. The property must be your primary residence. Tennessee does not have additional state-specific eligibility rules beyond federal HUD requirements.

Do I have to pay property taxes on a reverse mortgage in Tennessee?

Yes you must continue to pay property taxes and homeowners insurance. Tennessee does not have a state income tax but local property taxes still apply. Failure to pay taxes can lead to loan default.

Reverse Mortgage Specialists in Other Tennessee Cities

Alcoa · Arlington · Atoka · Bartlett · Brentwood · Bristol · Chattanooga · Clarksville · Cleveland · Clinton · Collegedale · Collierville · Columbia · Cookeville · Cordova

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About Our Listings

Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state 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 State Mortgage Licensing Authority of Tennessee.

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