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Reverse Mortgage Specialists in Beloit, WI

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

8 agents listed
Updated May 2026
Beloit, WI
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 Wisconsin before hiring.
Showing 8 reverse mortgage specialists in Beloit, WI Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Check `n Go
2787 Milwaukee Rd, Beloit, WI 53511
6083629000
Cash Store
1809 S Riverside Dr, Beloit, WI 53511
6083658699
Security Finance
2625 Prairie Ave, Beloit, WI 53511
6083630773
World Finance
2240 Prairie Ave Ste 24, Beloit, WI 53511
6083622873
Advia Credit Union
1982 Cranston Rd, Beloit, WI 53511
8442384228
Edward Jones - Financial Advisor: Tammy M Schindler
707 Cranston Rd Suite A, Beloit, WI 53511
6083622962
Amy Hatch - Financial Advisor, Ameriprise Financial Services, LLC
645 3rd St, Beloit, WI 53511
6082181207
Joel Otto - Thrivent
2225 Cranston Rd Suite 103, Beloit, WI 53511
6082073548

A reverse mortgage specialist in Beloit Wisconsin helps homeowners aged 62 and older convert home equity into loan proceeds. Wisconsin law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Specialists in Beloit can guide you through the process and explain how property taxes and insurance requirements apply locally.

What Does a Reverse Mortgage Specialist in Beloit Cost?

Typical costs for a reverse mortgage in Wisconsin include an origination fee up to 2 percent of the home value, a HUD mortgage insurance premium of 2 percent of the appraised value upfront plus 0.5 percent annually, and third-party fees for appraisal, title search, and recording. In Beloit, total closing costs often range from 5,000 to 10,000 dollars depending on the home value and lender. These costs are usually 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 are the age requirements for a reverse mortgage in Beloit Wisconsin?
Borrowers must be at least 62 years old. If married and one spouse is under 62, the non-borrowing spouse may have protections under recent HUD rules. A specialist can explain how this applies to your situation.
Do I need to own my home free and clear to qualify in Beloit?
No, you do not need to own the home free and clear. You must have substantial equity, and any existing mortgage must be paid off with the reverse mortgage proceeds. Wisconsin law does not impose additional ownership requirements beyond federal HECM rules.