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Reverse Mortgage Specialists in Portland, TN

Compare reverse mortgage specialists in Portland. Review contact information and insurance categorys before you decide.

3 agents listed
Updated May 2026
Portland, TN
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 3 reverse mortgage specialists in Portland, 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.
World Finance
142 W Knight St, Portland, TN 37148
6153231690
The Farmers Bank
120 Village Dr, Portland, TN 37148
6153252265
Security Finance
634 N Broadway C, Portland, TN 37148
6153255795

A reverse mortgage specialist in Portland Tennessee helps homeowners aged 62 and older convert part of their home equity into tax-free funds. Tennessee law requires borrowers to complete HUD-approved counseling before obtaining a Home Equity Conversion Mortgage. Specialists guide clients through this process and explain how the loan affects heirs and estate planning under Tennessee probate rules.

What Does a Reverse Mortgage Specialist in Portland Cost?

Typical costs for a reverse mortgage in Tennessee 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 and title work. Total closing costs often range from 5,000 to 10,000 dollars for a 200,000 dollar home. These costs can be financed into the loan. This is general information and 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 does a reverse mortgage specialist in Portland do?
A reverse mortgage specialist explains how a HECM works and helps you apply. They review your eligibility and coordinate with a HUD-approved counselor. They do not provide financial advice but can clarify loan terms and Tennessee-specific rules.
Are there income or credit requirements for a reverse mortgage in Tennessee?
Yes. Lenders review your income, credit history, and ability to pay property taxes and insurance. Tennessee does not have a state-specific income limit, but federal HECM rules require a financial assessment to ensure you can maintain the home.