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Reverse Mortgage Specialists in Portage, WI

Directory of reverse mortgage specialists in Portage, Wisconsin. Verify credentials with the state mortgage licensing authority before hiring.

8 agents listed
Updated May 2026
Portage, 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 Portage, 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
2800 New Pinery Rd #13, Portage, WI 53901
6083401007
Security Finance
1416 E Wisconsin St, Portage, WI 53901
6087421620
Edward Jones - Financial Advisor: Klay Vehring
240 W Cook St, Portage, WI 53901
6087428841
BMO Harris Bank Mortgage
2851 New Pinery Rd, Portage, WI 53901
6087425555
U.S. Bank-Mortgage Loan Officer-Rebecca Rezin
238 W Wisconsin St, Portage, WI 53901
6082524108
Guaranteed Rate of Portage
2800 New Pinery Rd Unit 2, Portage, WI 53901
6085358543
US Bank Mortgage
238 W Wisconsin St #2136, Portage, WI 53901
8008722657
US Bank Mortgage
8 Northridge Dr, Portage, WI 53901
6087428588

A reverse mortgage specialist in Portage Wisconsin helps older homeowners access home equity without selling their property. Wisconsin law requires borrowers to complete HUD-approved counseling before applying for a Home Equity Conversion Mortgage. Local specialists guide clients through the process including loan terms repayment options and property tax implications specific to Columbia County.

What Does a Reverse Mortgage Specialist in Portage Cost?

Typical costs for a reverse mortgage specialist in Wisconsin include an origination fee of up to 2 percent of the home value with a cap of 6000 dollars. Other costs may include a mortgage insurance premium of 2 percent of the appraised value plus annual premiums of 0.5 percent. Appraisal fees range from 450 to 600 dollars and closing costs vary by 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 Portage Wisconsin?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The property must be the primary residence and be a single-family home HUD-approved condominium or manufactured home that meets FHA standards. Wisconsin law also requires completion of a counseling session with a HUD-approved agency.
How does Wisconsin law affect reverse mortgage proceeds and taxes?
Reverse mortgage proceeds are not considered taxable income by the state of Wisconsin. However the loan must still be repaid when the last borrower dies sells the home or moves out permanently. Borrowers remain responsible for property taxes homeowners insurance and home maintenance.